Alec Dressler
How to Determine Public Interest in a Potential Airbnb Property?
13 January 2025 | 15 replies
Since comps are limited, analyze similar nearby locations to estimate demand.When pitching investors, focus on a clear business case: expected income, expenses, occupancy, and ROI.
Pamela Rivas
Can foreigners buy Real Estate in Mexico? Legal process explained!
16 January 2025 | 4 replies
That’s correct, a foreigner can buy property through a Mexican corporation, which is a great option for those investing in multiple properties or running a rental business.Key Points I'd like to add to your post:Setup Costs: $1,500–$3,000 USD.Ongoing Costs: $1,000–$2,000 USD/year for accounting and tax filings.Benefits: Allows tax deductions for expenses like maintenance, repairs, and management.Best for: Multiple properties or income-generating investments.For a single property for personal use, a fideicomiso is often simpler and more cost-effective due to its lower maintenance requirements and feesUltimately, choosing between a corporation and a fideicomiso comes down to your investment strategy.
Kolby Knickerbocker
should I sell a property to pull out $500K and invest it elsewhere?
15 January 2025 | 18 replies
Not that I'm a proponent of borrowing just for a tax break, but the interest is a deductible expense.
Karl Kauper
Total expenses for landlord in Sutton MA
15 December 2024 | 2 replies
Good afternoon,Could anyone help me to estimate my monthly expenses if I rent out my single-family house in Sutton, MA?
Iliana Herrman
Guidance for an Eager BP Newbie
3 January 2025 | 5 replies
You have to adjust your expectations to match current reality, which includes higher mortgage rates, higher prices, more expensive taxes and insurance, more competition, etc.
William J Anderson
Introduction and Seeking Advice on T-12s
27 December 2024 | 8 replies
It should clearly state the operating income, operating expenses, and net operating income.
Jennifer McCurrach
Need a PM in Cincinnati
2 January 2025 | 6 replies
I've tried the lower 6-7% PMs and usually you'll either pay mark ups on repairs (what you've noted) or pay extra fees (i.e. labor hours, extra calls) that you may or may not notice.
Jeff Ryan
Mobile home purchase (on rented lot) for single family home investment
6 January 2025 | 14 replies
One of the big benefits of buying the whole thing on a fixed rate loan is that one of your major expenses is fixed for a long period of time, including the cost of the land.
Dave Schimmels
Rental comp calculation
3 January 2025 | 6 replies
I went high on the expenses, which came to roughly over $20K. assuming 1 unit to be vacant per year (83.3% occupancy).
AJ Satcher
Single HVAC System In a home with 2 units. Smells go right through duct-work!
15 January 2025 | 2 replies
The lower unit is a basement/guest suite.