Paulette Midgette
A Contractor I Would Not Recommend
17 January 2025 | 12 replies
its most unfortunate that you had to go through this deception and theft from someone who is considered a professional in this business. we definitely appreciate you putting the warning out about this character. as hard as it is to find a reliable experienced contractor nowadays its even harder to find one that's not a crook and a liar and that's truly pathetic.
Pamela Rivas
Can foreigners buy Real Estate in Mexico? Legal process explained!
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.
Jonathan Small
Sunshine State Showdown: Why Invest in Florida Real Estate?
8 January 2025 | 3 replies
Here are some reasons to get the ball rolling:Thriving Market: Florida's population continues to boom, fueled by warm weather, a strong job market, and a business-friendly climate.
Kristian Kotov
New Asset Class - The Roomshare Condo
14 January 2025 | 3 replies
So This means that in my not-so-hypothetical example, I could convert this 9bed 3bath Multi-Family into 12 Condos sharing 3 bathrooms, 3 kitchens, and a Basement.
Elvon Bowman
First time acquisition
16 January 2025 | 12 replies
As noted above, a cash deal with all capital liquid in an account today is going to be taken much more seriously than a financed deal or a syndicated deal. 10% EM hard at contract signing and a 45 day close with no extensions will be taken more seriously than 3% EM hard after 30 days, with a 60 day close and 2x 30 day extensions.
Anna Nickens
Advice for a Newbie
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.
Daniel Borgenicht
Investing in a condo as a long term rental
13 January 2025 | 3 replies
And a condo can take longer to sell when you exit compared to a detached home.
Clare Pitcher
Flat Rate vs. Percentage Based Managment Fee
30 January 2025 | 19 replies
RW discovered that most clients shop with a "what are the monthly management fees" approach and not a "what are all of your revenue streams" approach.RW competes with a very competitive flat monthly management fee but then charges a minimum of 1 full month's rent for leasing and a host of other fees.
Carolina Solorzano
Anyone investing in STR in Niagara Falls?
14 January 2025 | 17 replies
And a local resident is usually very helpful.
John Fleming
Property Management Reccomendation
14 January 2025 | 3 replies
These are professionals with additional training and a stricter code of ethics.