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20 January 2025 | 12 replies
@Kerry Hermann - the posts by @Michael Ewers and @Samuel Coronado were solid advice (I don't know Nita Cook whom Sam referenced, so that's the only part of his post I can not comment on).I second what Michael said about the market here - it was fantastic from 2017 (when I started) through 2022 - then it really started to crater in 2023 (although we still found some deals), and the bottom completely dropped out in 2024 (found one small commercial deal and one residential flip deal in 2024 - that's it).
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15 January 2025 | 6 replies
Podcasts and books are another fantastic way to get some knowledge in and help understanding the basics.
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19 January 2025 | 47 replies
Owners who prioritize full control of their future profits or plan to sell soon may not find this appealing.
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15 January 2025 | 3 replies
Hey @Ian Russell, I'd recommend speaking with @Whitney Nash, she's a fantastic QI and can help you out.
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8 February 2025 | 22 replies
And I always thell the tenants you have your own thermostat and you control how much your heat and electric bills will be.
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23 January 2025 | 5 replies
This means you can sell, lease, or pass on the property as you see fit, just like any other property owner.Full Ownership RightsYou have the same rights as a Mexican property owner, including the ability to sell, lease, transfer, or mortgage the propertyLegal SecurityThe Bank Trust is a well-established legal mechanism in Mexico, ensuring your investment is secure and protected under Mexican law.Renewable TermsThe trust is set up for 50 years and can be renewed indefinitely, allowing you and future generations to maintain control over the property.Estate PlanningThe trust makes it easier to pass the property on to heirs, simplifying the inheritance process and reducing potential legal complications.Although the process might initially seem complex, it is entirely managed and supervised by a reputable banking entity.
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14 January 2025 | 15 replies
Hey fantastic info.
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6 January 2025 | 31 replies
I’ve come to think of this period of my life as my real world MBA, and view my laundromat as a fantastic starter business.
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22 January 2025 | 8 replies
Control and Flexibility: With an SDIRA, you're not limited to stocks, bonds, or mutual funds.
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30 January 2025 | 19 replies
You lose all of the control and these are long term investments - but in my experience the returns match what I had on the active real estate and I am hiring professionals to manage the assets.