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9 December 2024 | 20 replies
This is especially true since I often look for properties that allow for tax grievance potential too further increasing cash flow.
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5 December 2024 | 6 replies
@Zachary EngenMost lenders will allow a cash-out refinance of up to 75% of the property’s appraised after-repair value (ARV), not the purchase price or costs.
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6 December 2024 | 12 replies
Quote from @Corinne Snyder:Hi Michael, my CPA will not allow me to claim myself as a real estate professional with my one rental single-family home rental property because I do not spend enough hours per year running it, therefore he won't allow any overhead expenses to be claimed; only expenses related to the property directly.
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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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7 December 2024 | 7 replies
Closing sooner means you’d officially own the property earlier, allowing you to give the 28-day notice to tenants right after closing.
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4 December 2024 | 12 replies
Is this becoming a thing, and if you are doing it, what platform are you using since Airbnb will not allow video's?
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5 December 2024 | 5 replies
They explained that Fannie Mae (according to an exchange with their Servicing Portfolio Manager at Fannie Mae for a similar but not an exact loan) does not allow PMI removal for improvements already included in the original loan’s scope until after a two-year seasoning period
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10 December 2024 | 53 replies
Ideally zoom but could attend face-to-face if dates allow.
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9 December 2024 | 98 replies
There is no long haul imo how many other currencies do you know of that a government will allow unregulated, untaxed, and and untraceable?
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4 December 2024 | 1 reply
They allow up to two dwelling units per lot but that seems to be more for like a finished basement unit.