If you have substantial (usually means 5 digits or more) donations, tax planning opportunities can get very complex.

Can you imagine the PR nightmare they’d face in this digital age?

Create a digital folder for lease agreements and tenant records.

It makes all the sense and Canadians are in a vastly more approving state for it now per recent polling showing a near 50% approval rating for such vs the single digit approval years past. 

If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

We were looking for something in San Jose Del Cabo, because it is a popular destination for digital nomads and remote workers.

But please for the love of all that is good, plan your exit strategy with their property management, because that has been a giant dud for me and do not see it getting any better should they continue the hands-off, digital approach to placing & managing tenants.

We launched HomWork, in 2018, with the intent of acquiring SRO properties that we can remodel and remarket to digital nomads and remote workers.

Most of my travel nurse / medical professional bookings have come from Furnished Finder but the other sites usually appeal to other tenant types like digital nomads, relocating families, etc.  

There's a lot of people investing in Bitcoin and other digital currencies.