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29 January 2025 | 3 replies
Quote from @Pamela Rivas: Hi Natasha,Here are some key points to consider about setting up a Mexican corporation:Setup Costs: $1,500–$3,000 USDOngoing Costs: $1,000–$2,000 USD/year (accounting and tax filings)Benefits: Tax deductions for expenses like maintenance, repairs, and managementBest for: Multiple properties or income-generating investmentsWhile a corporation is ideal for managing multiple properties, it’s NOT required to obtain an RFC.
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4 February 2025 | 6 replies
You will quickly find, as you generate local person-to-person relationships, how many opportunities open up!
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5 February 2025 | 17 replies
I remember when Lending Home, now Kiavi started, there really wasn't anyone other than banks and private individuals that would finance a new build...and those were hard to find.
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18 February 2025 | 5 replies
Because you are essentially buying into an existing business, the sale of it could generate a disproportionate amount of tax for you given your time in this deal.
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3 February 2025 | 2 replies
RemoteLock or August Smart Locks – Essential for remote check-ins; integrates with booking platforms to auto-generate codes. 4.
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14 February 2025 | 1 reply
Given the fact that the Baby-Boomer generation is retiring and interest rates are high (making a buyer's market) I should be in a good place.
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6 February 2025 | 7 replies
Many wholesalers rely on strong leads and can be found through consistent outreach efforts.4.Leveraging Virtual Assistants (VAs):If you’re building your team, think about hiring a VA who specializes in real estate lead generation and research.
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10 February 2025 | 4 replies
A lot of investors underestimate how much credibility—and deal flow—you can generate just by consistently putting yourself out there.I've been trying to 'Share More, Pitch Less' I’ve seen firsthand how the right branding attracts the right investors, brokers, and partners, making scaling a lot more efficient.Curious—when you first started implementing these strategies, which one made the biggest impact on your business?
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5 February 2025 | 5 replies
.• Creative Financing: Keep an open mind to creative financing strategies; sometimes thinking outside the traditional box can reveal opportunities others might overlook.On a related note, I help investors streamline their operations by generating quality leads and assisting with VA hiring, which might be useful as you build your team and network in the area.Looking forward to seeing your progress and sharing insights along the way.
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16 February 2025 | 5 replies
If STRs become less profitable, you need to ensure the property can still generate positive cash flow with a traditional lease.