Jonathan Grzeszczyk
Negotiating within wholesaling
29 December 2024 | 5 replies
If the latter, depending on the jurisdiction, YOU may need to be a licensed real estate agent/broker to engage in what’s commonly called “wholesaling” but is actually “flipping”.
Manuel Angeles
Eric Spofford Section 8 Course
7 January 2025 | 27 replies
After a few months you figure out that your team has not really engaged your property on a regular basis.
Randee Erickson
Blue Gate Capital - are they legitimate?
17 January 2025 | 37 replies
These files were standardized forms that many other lenders in the past have given me up front or not long after the initial engagement.
Kevin G.
Antioch BRRRR Project
7 January 2025 | 0 replies
Rehab Scope:Cosmetic remodel: Painted the interior/exterior, updated the kitchen cabinets and countertops, and installed new flooring.Modernized fixtures: Replaced light fixtures, outlets, and switches throughout.Enhanced curb appeal: Painted the brick exterior, added landscaping, and modern black accents.Timeline: Completed the rehab in just 4 weeks to minimize holding costs.Strategic Upgrades: Focused on cost-effective improvements like vinyl flooring and fresh paint, wh What was the outcome?
Kyle Carter
Selling a property
4 January 2025 | 2 replies
What are the most effective ways to exit an investment?
Daniel Windingstad
Lemon or no?
23 January 2025 | 7 replies
You also will still need to manage your property manager - ie, stay on top of expenses, ensuring your property is being managed effectively etc.
Pamela Rivas
Can foreigners buy Real Estate in Mexico? Legal process explained!
23 January 2025 | 5 replies
That’s correct, a foreigner can buy property through a Mexican corporation, which is a great option for those investing in multiple properties or running a rental business.Key Points I'd like to add to your post:Setup Costs: $1,500–$3,000 USD.Ongoing Costs: $1,000–$2,000 USD/year for accounting and tax filings.Benefits: Allows tax deductions for expenses like maintenance, repairs, and management.Best for: Multiple properties or income-generating investments.For a single property for personal use, a fideicomiso is often simpler and more cost-effective due to its lower maintenance requirements and feesUltimately, choosing between a corporation and a fideicomiso comes down to your investment strategy.
Anna Nickens
Advice for a Newbie
23 January 2025 | 5 replies
On the other hand, self-education through books, podcasts, and free resources is cost-effective but requires discipline and a clear plan.
Robert Phillips
Real Estate Investing / Flipping
6 January 2025 | 3 replies
It's a very simple and effective tool that you can use when evaluating rehabs, whether you're looking to flip or BRRRR.