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28 January 2025 | 1 reply
The current average rent on the new buy is $925.
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7 February 2025 | 6 replies
We cap the rate for utilities and actually added about 10% above our normal average this past year due to rising utility costs in our area for gas and propane.
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27 January 2025 | 4 replies
. - In the extremely unlikely event that you get a property under contract, your assignment fee, in many locations, and probably on average, will be less than the commission a licensed broker would have received for selling the property. - You will be at risk of breaking the law, as many states are creating laws that effectively ban wholesaling, and while wholesaling gurus claim that this is not the case, they are either lying or deluded.
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11 February 2025 | 15 replies
I think funding someone else who is experienced when starting would be a great way to reduce your risk.
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11 February 2025 | 13 replies
You could also reward staff for lease renewals, positive guest reviews, and reducing unnecessary expenses.
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11 February 2025 | 12 replies
@Tim RogersI believe there are income limits that if you exceed specific income (cannot remember the number) it greatly reduces or zeroes out any deductions from a REPPeople a lot smarter than me can confirm
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7 January 2025 | 0 replies
Purchase price: $715,000 Cash invested: $297,000 Current Listed Price: $830,000Original Listed Price: $950,000 (4/13/2024)It has been reduced $120,000 in the las 6 months and hasn’t sold.
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30 January 2025 | 56 replies
Cost Advantage: Property prices in Mexico can be 40%-50% lower than comparable investments in the U.S. or Canada.High Occupancy Rates: The average rental occupancy rate in Tulum is 70%-80%, driven by year-round tourism.Economic Stability: Mexico's economy grew 3.1% in 2023, with a robust real estate sector supported by foreign investment.Infrastructure Investments: Developments like the Maya Train and new airports enhance connectivity, boosting property value.Feel free to reach out if you'd like more information on how to invest in Mexico, benefits and insights in general!
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10 February 2025 | 6 replies
When I got into real estate, I didn’t realize the power of reducing my biggest expense—housing—while building equity.
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7 February 2025 | 1 reply
While home prices have cooled slightly from their peak, affordability remains a significant barrier.According to the National Association of Realtors, homes in the U.S. spent an average of 36 days on the market in January 2025, a slight increase from last year but still well below historical norms.