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28 January 2025 | 12 replies
I am aware of the formula you referenced in your initial response.
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23 January 2025 | 5 replies
This means you can sell, lease, or pass on the property as you see fit, just like any other property owner.Full Ownership RightsYou have the same rights as a Mexican property owner, including the ability to sell, lease, transfer, or mortgage the propertyLegal SecurityThe Bank Trust is a well-established legal mechanism in Mexico, ensuring your investment is secure and protected under Mexican law.Renewable TermsThe trust is set up for 50 years and can be renewed indefinitely, allowing you and future generations to maintain control over the property.Estate PlanningThe trust makes it easier to pass the property on to heirs, simplifying the inheritance process and reducing potential legal complications.Although the process might initially seem complex, it is entirely managed and supervised by a reputable banking entity.
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7 February 2025 | 14 replies
My initial thought is LTR single family or small multi, though I'm not opposed to short or med term rentals.My primary question has to do with LLCs.
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29 January 2025 | 3 replies
As a result, we have significant water damage to the floor and rugs in that 2nd floor bathroom and a bedroom, plus there is even more significant damage to ceilings, walls, furniture, and rugs to 2 bedrooms on the first floor.Our initial goal is to dry as much water as possible with wet-vacs and dehumidifiers.
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16 February 2025 | 44 replies
Some times with middle name, sometimes with middle initials, I've had my name misspelled on official records.
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5 February 2025 | 35 replies
Rather than concentrate on the initial cash flow, concentrate your effort on markets that have indicators of strong rent growth.
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7 January 2025 | 7 replies
Hi all,Happy New Year! Just purchased my first STR in Sevierville, TN. Closed mid-December and was able to get two bookings for the holidays. I know January and February are slow months, but looking for suggestions to...
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29 January 2025 | 14 replies
Now if it was me, I would have gone over myself to initially survey the problem and at the least meet the plumber over there to assess the damage.
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22 February 2025 | 14 replies
I've worked on a couple warehouse deals, not sure if you have a single or multi tenant and what the lease terms or time left on the lease is, but to @Henry Clark s point, that kind of cashflow return for that type of initial investment is awesome.
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11 February 2025 | 7 replies
Here are the details:Purchase Price: $300KDown payment if taking mortgage: 10%Available cash on hand: $40KEquity in Primary Residence: $700K - $1MSecond Home will need $10K initial investment to freshen up for personal and STR use.Assume equal rates for each product?