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12 December 2024 | 49 replies
From talking to locals, there's a couple of issues than need to be addressed, some are the non-ecological practices that some of those developers have, unfortunately, our government profits from this investors and allows them to destroy manglers (which are the natural water purifying system of that area) dismantling hectares of mangroves and degraded the habitat of resident and migratory species burying animals alive.There's proof of fecal material floating beneath the city of Tulum, only 20% of the water is sent to the water treatment plant, there's no infrastructure for the exponential growth.The landfills in the middle of the jungle that is leaking hazardous pollutants into the freshwater system and that something that developers won't tell you.I love my country and it would be a disaster for everybody if this place ends up like some other great beaches around the world, that are completely ruined by greedy investors not following the rules.There's no urban or comprehensive master plan, and one of the risks is that Tulum will be like Playa del Carmen is today, overgrown and with environmental devastation.I will advise doing a lot of research before getting something in Tulum, different country, different rules, and practices.
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9 December 2024 | 9 replies
Apologies for the typos of the last post - BP doesn't allow modifications anymore.
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4 December 2024 | 2 replies
Here’s the idea:A private lender could pay off the FHA loan, allowing us to give them the first lien on the property.This would free us from the FHA restrictions, enabling us to move to a more suitable living situation while addressing the lead issue at a later time.What I Need Help WithPrivate Investor Leads: Does anyone know of private lenders who might be interested in exploring this option?
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5 December 2024 | 1 reply
If each unit has their own, I can see them allowing it to be paid with how you phase the construction.
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5 December 2024 | 5 replies
These strategies can allow you to acquire properties without traditional bank financing, which can be beneficial given your current DTI and income situation.
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3 December 2024 | 4 replies
They only allow STR while you are in the home.
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12 December 2024 | 18 replies
Hi Sanjay,First, in case you don't know, crowdfunding deals are essentially the same as old-school syndicates ... except they are allowed to market on the Internet.1) There are hundreds of new syndicate deals that come out every year.
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4 December 2024 | 6 replies
Unless those items are all satisfied (except for housing violations and some non-monetary liens which follow the property), the department of finance will not allow the deed to pass through to the next stop in the recording process.So even if you wanted to dump a property that was totally upside down with liens to someone who was willing to take it from you, you can't do it.
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10 December 2024 | 104 replies
Most wholesale thread you read first thing out of their mouth is Hey I am only doing this so I can get some cash to buy rentals and enough rentals so i don't have to work.. well there is work in all this the whole mind set that real estate will allow you not to work is misplaced in my mind.
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5 December 2024 | 5 replies
In my experience, being around growth like minded individuals is what has allowed me to grow the most.