To begin investing in real estate, learn first, set financial goals, analyze finances, study markets, make friends in the field, get a loan, start with small properties, check all details, plan how to manage them, and choose renters carefully.

We are responsible for all of the maintenance of the building, and they take care of custodial.

I turned y attention to the Pacific and selected inland cities like Merida and Guadalajara.

The moral of the story is: if your gut tells you your PM isn't doing his job, pay attention!

If the answer is NO - DON'T INVEST THEREFrom my experience and speaking with investors who have been in the game for a long time - their success comes down to: buying solid assests in solid areas, holding onto them for a good amount of time, taking care of them, and finding tenants who take care of their assets.

But this is the property that needs the most attention as far as making little price adjustments, top notch guest communications, great team on the ground, etc.Adding a theme to one or more rooms is a must.

Under the Fair Housing Ammendments Act of 1988, Emotional Support Animals are protected under the class of Disability.Whether the ESA is legitimate or not is a completely different question.But if they've been there for 5 years and they are a good tenant, then who cares?

I made this mistake when I was starting out - I got excited about the returns of a development deal - but I didn't pay attention to the fact that I needed to be a cash flow investor because I did not have a W2 income, nor did I have sufficient passive income yet.It is critical for investors to understand the relative importance of evaluating the sponsor, alignment of interests and the deal.  

It shows future guests that you’re being attentive and doing what’s needed to remediate the situation.

I bought it sight unseen as I viewed it as a small development project, did my due diligence up front and didn’t really care about the state of the house.There were 5 offers on the property to which I ended up knowing a few of the other bidders.