Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

You’re trying to ruin the biggest benefit of the life in flip. 

You picked a great community to join.. have you checked out local comps to gauge the market vibe yet?

Quote from @Pamela Rivas: Hi Natasha,Here are some key points to consider about setting up a Mexican corporation:Setup Costs: $1,500–$3,000 USDOngoing Costs: $1,000–$2,000 USD/year (accounting and tax filings)Benefits: Tax deductions for expenses like maintenance, repairs, and managementBest for: Multiple properties or income-generating investmentsWhile a corporation is ideal for managing multiple properties, it’s NOT required to obtain an RFC.

What are the key benefits of investing as an LP compared to direct ownership?

Any changes in federal spending could influence the job market and, subsequently, the real estate market.4.

While short-term rentals in areas like Kissimmee, Florida, can pay for themselves and offer lifestyle benefits, the ROI typically doesn’t match what I see from my traditional portfolio of long-term rentals in North Texas.That said, short-term rentals can still be a great choice, especially if you're drawn to the area and the opportunity to combine personal use with investment income.

Beyond that, real estate is largely local; in my market we are not seeing anywhere near those numbers.

And yes, there is a risk that your rates would go up or they can drop you - but unfortunately, many insurers in that are may already be planning to exit the market or raise rates on everyone to make up for loses.One thing to note about a claim like this, insurance will usually pay for repairs to the damage caused by the problem, but not fixing the actual pipe that broke.

Hi team, I currently live in Dallas, but only have invested in the midwest with rehabs and buy/holds that I currently rent out. I am looking to start in Dallas. If anyone is/knows of any investor in the area, wholesal...