
9 December 2024 | 6 replies
I know some mentioned about developing banking relationships and I totally agree with that, so here is what you do. 1) Open a business checking account in the name of your LLC to hold the assets. 2) Deposit your cash into that account to fund the real estate purchases3) After owning for 60-90 days, talk with a local lender about a line of credit against the 2 properties at 60% LTV. 4) After about 30-45 days, have the line open to use if you need that liquidity that you used, but until then you are not paying 7% interest on nothing.

28 November 2024 | 5 replies
Hi Saju,Well it is an exciting market with lots of future developments happening, all aligned with the popular Dubai 2040 vision.As for how the market is for US investors, there is no local tax on capital gains, or tax on rental income.

9 December 2024 | 1 reply
If you are a business, 3 backup is best. 1 Local (in your business environment, like a back up server.), 1 stored in a cloud environment (and secured) and 1 off site.

7 December 2024 | 2 replies
I personally feel like 30 days is more courteous but as long as they abide by state/local regulations they should be covered

5 December 2024 | 5 replies
I will hire a local person for emergencies and other stuff but wondering if anyone on this forum had specific details.

5 December 2024 | 7 replies
Check with local credit unions.

6 December 2024 | 11 replies
I signed up for the course to expand my local network.

6 December 2024 | 1 reply
We ended up connecting with a local insurance group, Pope Insurance Agency, here in Boston.

9 December 2024 | 8 replies
Based on the local market, $15k for renovations seems light—have you had contractors confirm this budget?

15 December 2024 | 59 replies
Its hotel law not landlord law.Check your local laws about this.