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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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24 January 2025 | 8 replies
Hi Karen, Have you tried reaching out to any other local investors or property management companies?
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15 January 2025 | 2 replies
Hi, I was wondering if there's any good reliable places to market tenant in place + management in place properties.
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15 January 2025 | 24 replies
If you don't want to manage the property at all, you are losing money on the management when small scale management is not hard at all with a little help.
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16 January 2025 | 6 replies
Daniel,If its something you really like from all accounts, get with an inspector and property manager to give their thoughts on the area, condition of the property etc...
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17 January 2025 | 19 replies
I've managed up to 400 rentals and never offered a concession.
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16 January 2025 | 3 replies
This is how I see it:Single-Family Homes:Pros:Larger pool of potential tenants (families).Simpler management (one tenant, one lease).Often easier to finance.May appreciate faster in some markets.Cons:Only one income stream.Vacancy hits harder financially.Duplexes:Pros:Two potential income streams.Live in one unit and rent the other (house hacking!)
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23 January 2025 | 5 replies
But yes, if I were you I would most likely start off with house hacking, self managing everything so that you'll educate yourself very quickly.
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17 January 2025 | 19 replies
My goal would be to start within 1-2 years and get some more experience with the construction process, project management, financing/budgeting, etc.
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14 January 2025 | 4 replies
Ease of management?