I do a lot to earn hotel points and airline miles on the side so that I can travel and live in luxury at times.

I only have $20K liquid currently and own two ultra low value rentals (one outright) that cash flow well.

When buying an apartment building in New Jersey with 5+ units and the purchase price exceeds $1MM, does the buyer pay a 1% sales tax?

Unless maybe you are renting it as a high-end luxury home.

My wife and I live in and do business in Mexico, and have invested in Quintana Roo (Riviera Maya, the Mexican Caribbean), both in luxury and mid-low class residential properties, with great satisfaction.Unfortunately, the kind of experiences Adrian had are wide-spread all over Mexico.

Especially because of the huge design district luxury shopping miami project currently underway a few blocks away from Little Haiti. 

Also, the luxury style condos are very affordable.

You aren't even building in paying the lease yet or utilities to keep the lights on etc.Average median income on LoopNet shows 62,000 median income which is just slightly above the national average so not an ultra great location.

I would love to have the luxury to do that.  

Thought I would post a question.House:Split foyer, 4/3, 2400 sq ft, was a FSBOHouse background & current status of reno: bedrooms are carpet, bathrooms are tile, downstairs laundry/mud room & bathroom are kinecto luxury vinyl plankPurchased for $128,500 and currently have close to $26,000 in but have some expensive stuff left like flooring, kitchen counter, kitchen cabinet redo, deck, new exterior paint...will try to save some money by selling the house through busy bee realty serviceConsidering for the rest: engineered hardwood or laminate and want it to flow throughout the main areaNeighborhood: older, established.