Just want to drop the message here, anyone located in Dubai or distanced managing properties there?

It’s smart that you’re looking into multifamily options, it can really help offset your living expenses while building long-term wealth.When analyzing deals, some key things to focus on are rental comps, vacancy rates, and property management costs.

We are a Veteran owned and operated mortgage company! 

And will you be utilizing property management firms to help out? 

Many companies out there that can facilitate this.

Dubai has no taxes .You can make very good money doing Airbnb.I know property managers who can manage the properties for 4% per annum .

We will certainly manage the drawdown from those funds to account for tax consequences as best we can.I appreciate the calls for diversification and I get that cash flow is a tougher to secure with interest rates where they are.

I am looking to connect with the investors there as the promotors are continuing to take Asset Management fees to the tune of $450K a year (on top of PM fees) even when their payout to the investors is around $20K a quarter (not meeting preferred) and the overall fund is negative about $450K.

I currently work for a property management company also located in the Midwest so please reach out if you have any questions!

Is the house Cashin platform a good place to find closing companies.