
16 August 2024 | 277 replies
"Hey big time investor person--wanna let me do ALL the grunt work for you and let you take MOST of the profits just as a way for me to learn this process?"
13 August 2024 | 7 replies
If it is only taking your time M-F from 8-5 you must be doing something right as most small business owners work more than 40 hours a week just running that (if they want it to be profitable).

13 August 2024 | 3 replies
Home equity is 6-7% depending on length 5yrs vs 15yrs a 30 yr mortgage is 6%...Ideally rental stays rented out bringing in 1/2 of mortgage payment on new house based on numbers and is already cash flow positive bring in $1200/month (worth about 180k)and new property is going for 240k going rental price is about $2,000/month but I owe 18k still on private mortgage- reason I want to pay it off (4% flat 720 interest from cc for 1 year) to have it 100% paid off, then use home equity to pay off....or try to balance transfer balance after 1 yr which ever is lower but I figured that would mess with debt to income ratio and with this property being brand new, which is hard to find being located outside of closest major city...goal is to keep house rented out till it's paid off while also being cash flow positive with both properties combined and using paid off/ nearly paid off 1 to pay for 2nd rental, so I'd say lowest debt while also building wealth/equity not worried about a monthly/yearly profit per say as long as someone else is paying down the mortgage ie: my current property is bringing in $1200/month but current market value says it should bring in atleast $1500-$1600 but the tenant is phenomenal so she's paid same rent since 2017 I've put about 36k into between mortgage payments for 2 years and some up keep...she's put in the other 130k!!

15 August 2024 | 86 replies
You aren't profitable in many instances for a couple of years, the same with real estate.

12 August 2024 | 0 replies
Also, will she have to claim any the profit (if any is made) on her FL Income taxes?

12 August 2024 | 39 replies
If the rental market is extremely profitable, you dont need more incentives to buy rentals, you were going to do it regardless.

12 August 2024 | 4 replies
There are no laws, rules or regulations preventing any foreigner, American or otherwise, to buy property in CDMX or Mexico for that matter.If, by having success, you mean getting a profitable investment, I'm sure many American and other investors got that over the last few years (I personally haven't since I've focused my efforts on Mexico's beach markets, which are far better in my opinion.

12 August 2024 | 0 replies
We leveraged our expertise to secure the property at a competitive price, ensuring there was enough margin to make necessary renovations and achieve a profitable sale.

12 August 2024 | 4 replies
I always recommend Profit First (know how to structure your income), Never Split The Difference (good for negotiation tips) & Exactly What To Say (more sales, negotiation tips).
12 August 2024 | 22 replies
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