I have had a long term interest in purchasing an investment property and I'm looking to be smarter about this.

3) How well prepped was your property?

If you are living there you can keep the 4% rate.If you are not living there you can rent it out to pay for the property taxes. 

•CoStar (costar.com) – Essential for commercial real estate insights and in-depth data analysis.

Is the process the same as buying property in Canada?

Think multi unit residential, commercial properties, or purchasing houses “subject to” existing mortgage.  

New to the community here My partner and I have are experienced residential investans and in 2024 we switched over to commercial.

Focus on absentee owners and start with the ones who live the farthest away and only own one property in the area since they have the least use for the property.You can also drive for dollars, looking for anomalies of disrepair and then look them up in the tax records and use a site like Spokeo to do cheap skip tracing.

There's actually a huge oversupply of properties in Tulum and none of my friends who own property there make anything close to that!

local REIA groups are filled with investors looking to buy properties.