The good ones use some or all of these tips to run their business.1.

Happy to try to give some tips here and there.

Thanks for the tip!  

I include a generalized listing of items such as " Property including, but not limited to: clothing, toys, cookware, and other items." 

I am curious if there is anyone with experience in owning real estate in another country being a US working citizen and have some tips on how taxes operate if I were to list that property on Airbnb in a foreign country and so on (any other tips you can offer towards this)...

Manage the Property: If renting, manage it effectively and maintain communication with the seller.Advice and Tips:- Educate Yourself: Understand legal and financial implications.- Build Trust: Establish rapport with the seller for ongoing communication.- Be Clear: Define all terms clearly in the agreement.Mistakes to Avoid:- Incomplete Due Diligence: Conduct thorough inspections and financial analysis.- Unclear Documentation: Ensure agreements are well-drafted to prevent misunderstandings.- Market Trends: Consider future market impacts on property value and income potential. 

Any processes to share and/or tips/recommendations?  

I want to start this thread to get ideas, opinions and valuable tips on how to do it RIGHT.Lately I have been reading on this subject ,extensively , and trying to learn as much as I could.

What are the best tips that you can provide?

Thanks so much for the tip!