The location is very close to the Gulf of Mexico and this neighborhood is a desirable location and real estate agents in the past have told us we could rent our house easily.Is it possible to use hard money or some other private money to do the repairs so we could move soon and get it rented out?

I am planning to buy raw land in New Mexico or Texas through tax delinquent lists.

It looks like you need to file a nonresident state tax return in Nebraska and New Mexico where you will report your rental income in these states.You will then file a resident state tax return in Philadelphia where you will report your worldwide income.

David Flores Welcome to BP and best of luck in your real estate investing!

Trying to find any advice I can before I go down there.New Mexico, Santa Fe, Rio Rancho, Bloomington, Los Lunas, T or C, Los Cruces, Santa Rosa, Los Vegas, Raton.

.….Cash flow smells similar to cat pee and human feces is a sure path to wealth in this business.figure that one out and I will buy next round of shots in Mexico!

Roatan is in Honduras, not Mexico but based on what?

Thanks @Jose Flores !

ha ha ha...I think my wife and i are doing xmas in mexico next year with her family.

Hello, I am a 32 year old US veteran and the father of 2 boys. I have a background in engineering and I'm also a local artist that loves the outdoors. I'm interested in real estate investing because it seems like the ...