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29 January 2025 | 3 replies
Quote from @Pamela Rivas: Hi Natasha,Here are some key points to consider about setting up a Mexican corporation:Setup Costs: $1,500–$3,000 USDOngoing Costs: $1,000–$2,000 USD/year (accounting and tax filings)Benefits: Tax deductions for expenses like maintenance, repairs, and managementBest for: Multiple properties or income-generating investmentsWhile a corporation is ideal for managing multiple properties, it’s NOT required to obtain an RFC.
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28 January 2025 | 6 replies
Getting a rental license as an out-of-state investor is doable, but you’ll need to manage inspections and compliance.
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27 January 2025 | 6 replies
Start by being actively involved with your PROPERTY MANAGEMENT duties.
8 February 2025 | 16 replies
For example it is my understanding that Big Bear allows it but whoever is managing the property has to live within 1 hour of the property.
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7 February 2025 | 22 replies
I am a local Property Manager and would love to help in anyway I can of youd likeThank you!
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11 February 2025 | 22 replies
Not overpaying and getting great terms 3. multiple bids/ quotes 4. project management.
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6 February 2025 | 7 replies
A VA can help you compile lists of potential wholesalers, manage follow-ups, and even track responses from your marketing efforts—freeing you up to focus on high-level strategy and deal analysis.Hope these ideas help!
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10 January 2025 | 4 replies
@Andreas Mathews admirable, but make sure you do some research so you understand what a PM can make.Starting your own PMC business will require 75-150 doors to make a decent living, depending on gross rents and your fee structre.Working for a SFR PMC as a PM, will require a RE license and you usually get paid a percentage of the gross rents the portfolio of owners/properties you manage generates.
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1 February 2025 | 4 replies
Doing real estate and managing other peoples money from a fund are two very distinct skillsets.
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31 January 2025 | 8 replies
At this time I manage and renovate majority of all my units to keep cost low but most likely not the best use of my time although I'm skilled at it.