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5 June 2024 | 9 replies
🤷‍♂️Love this post and what Scotty posted.Congrats on your success thus far.As much as I love real estate and business it never is passive and never will be totally passive unfortunately.There is always a risk component involved and a reliance on someone.There will always be that gut wrenching phone call that makes the stomach turn.It all come's down to how much is enough for someone to live a happy life.I unofficially retired at 28 and am back chasing now at 36.Parents and family are getting older and have a huge will and in a way pressure to retire my old man.A beautiful person and father.I've checked off mum and uncle from the list hahaFew more to go lolI am and always will be a "real estate guy" per se but a few years ago I asked myself this question:"How can I get the highest possible return, with the least amount of risk, without doing any work and without involving anyone else?"
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6 June 2024 | 39 replies
I have people pay $18K for a month in high season, I can't imagine they could get away with charging 20% on that. Â
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9 June 2024 | 223 replies
I am a seasoned real estate attorney and enjoy not only practicing law but teaching about real estate law.
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3 June 2024 | 2 replies
There are quite a few people who must be going after vacant or older people with free and clear titles....Â
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3 June 2024 | 7 replies
Welcome to BP Chantell,These forums are a great place to learn and meet people, whether you're just starting out or you're a seasoned investor.
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3 June 2024 | 0 replies
Avoid lipstick on the pig.Renovations like nice kitchens and bathrooms are great for rental properties, but it is not everything.A property that has been cosmetically renovated, but has no capital improvements is worse than one that has been very well-maintained, but might have older cosmetics.If I walk into a property and I see that the kitchens and bathrooms have been redone, but all the walls are plaster there's no grounding in the electrical and the plumbing has never been updated that I consider it a full gut.It's a shame to pay a premium because of a nice kitchen and bathroom only to find out that you have to rip it all apart.It is usually less expensive to do cosmetic rehab for rentals than capital improvements.Â
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3 June 2024 | 5 replies
I’m in the great spot of having found a couple of good deals and naturally I want to do both, but would like some input from more seasoned investors.
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3 June 2024 | 11 replies
In my opinion, i dont think the price can get lower than now which means that from here they will slightly start going up, I reckon it might be very slow, but unless you are in a hurry to sell, i think it can be a very good investment with the years; by now, apart from enjoying the great enviroment and food here, you can also rent it, in high season you can get really good money by renting to foreigners (especially English and Nordics) that follow the spanish sun even in winter!
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5 June 2024 | 116 replies
Plus your mind fades as you get older and you may not not be able to handle it.