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23 January 2025 | 5 replies
This means you can sell, lease, or pass on the property as you see fit, just like any other property owner.Full Ownership RightsYou have the same rights as a Mexican property owner, including the ability to sell, lease, transfer, or mortgage the propertyLegal SecurityThe Bank Trust is a well-established legal mechanism in Mexico, ensuring your investment is secure and protected under Mexican law.Renewable TermsThe trust is set up for 50 years and can be renewed indefinitely, allowing you and future generations to maintain control over the property.Estate PlanningThe trust makes it easier to pass the property on to heirs, simplifying the inheritance process and reducing potential legal complications.Although the process might initially seem complex, it is entirely managed and supervised by a reputable banking entity.
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31 January 2025 | 19 replies
Well, STR can work well for people who own a vacation house for personal use, and just want to generate some extra income when not in use.
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2 February 2025 | 0 replies
Less than $300K in a mortgage, generating $4,000/month in rent.
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5 February 2025 | 6 replies
Quote from @Zachary Kessler: Hello all I’m currently hacking my house that has an ADU dwelling that generates income, I bought this property intending to leave and rent the house that I currently reside in (2 bed 1 bath) I currently have a very good interest rate locked in here from 2022 that I don’t want to lose or have my mortgage called due from leaving here, I live here for very cheap with the income from the ADU.
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5 February 2025 | 6 replies
It still seems preferable for this generation of homes in St Louis area.
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29 January 2025 | 2 replies
Landlords mistakenly ASSUME all PMCs offer the exact same services and operate the exact same way, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services.This also leads them to ASSUME simpler is better when it comes to management contracts.
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31 January 2025 | 6 replies
Thank you Mathew, im looking for generating cash flow with some appreciation.
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5 February 2025 | 16 replies
This also leads owners to ASSUME simpler is better when it comes to management contracts.
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20 January 2025 | 4 replies
That said, even with conservative rental income estimates, my living expenses would eventually drop to several hundred dollars less than what I’m currently paying in rent once the house hack starts generating income.I do have cash reserves to weather some rough patches, but the idea of pushing my budget this hard makes me uneasy.
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6 February 2025 | 0 replies
I have used avail.co in the past with great success but it appears this software and others no longer market on zillow which I know to provide a lot of leads in the past.