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23 January 2025 | 5 replies
That’s correct, a foreigner can buy property through a Mexican corporation, which is a great option for those investing in multiple properties or running a rental business.Key Points I'd like to add to your post:Setup Costs: $1,500–$3,000 USD.Ongoing Costs: $1,000–$2,000 USD/year for accounting and tax filings.Benefits: Allows tax deductions for expenses like maintenance, repairs, and management.Best for: Multiple properties or income-generating investments.For a single property for personal use, a fideicomiso is often simpler and more cost-effective due to its lower maintenance requirements and feesUltimately, choosing between a corporation and a fideicomiso comes down to your investment strategy.
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31 January 2025 | 22 replies
If you have to ask the question, I would suggest that you use a lawyer.
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1 February 2025 | 2 replies
I'd suggest you ask as many questions as you can, there are a ton of people on here who are knowledgeable in many subjects.
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23 January 2025 | 5 replies
On the other hand, self-education through books, podcasts, and free resources is cost-effective but requires discipline and a clear plan.
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19 January 2025 | 47 replies
Where I differ with most of the posters on this thread is that I feel solutions can be developed to address the problems and something similar to what the OP suggests would be viable.
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1 February 2025 | 3 replies
Any contract or suggestion they give seems overpriced, whereas contracts/work I've found seems to be much more reasonable.
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5 February 2025 | 9 replies
I also don't like the sardine effect where your just packed in a building, ocean lakes is tight with homes but still feels private at the house(s), golf cart community and 2 min from the ocean on a golf cart where ours are.
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5 January 2025 | 5 replies
Having watched many prior co-workers get paid, cash their check at the casino, and promptly deposit it all into a slot machine I can tell you with pretty good certainty that casinos don't have a positive effect on disposable income and good use of the existing income in the area surrounding :)Are there solid local employers OTHER than the casino in a 15-minute drive?
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24 January 2025 | 0 replies
Buy-to-Let StrategyGiven the strong rental market in Germany, the buy-to-let strategy is one of the most effective ways to invest in German real estate.
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4 February 2025 | 4 replies
@Jay Hinrichs Gave me a good suggestion to ask the BP community if anyone has partnered with Y Street Capital Victor Menasce before as a Limited funding Partner.