Vivian Huang
Investing in Tulum, Mexico
12 December 2024 | 49 replies
From talking to locals, there's a couple of issues than need to be addressed, some are the non-ecological practices that some of those developers have, unfortunately, our government profits from this investors and allows them to destroy manglers (which are the natural water purifying system of that area) dismantling hectares of mangroves and degraded the habitat of resident and migratory species burying animals alive.There's proof of fecal material floating beneath the city of Tulum, only 20% of the water is sent to the water treatment plant, there's no infrastructure for the exponential growth.The landfills in the middle of the jungle that is leaking hazardous pollutants into the freshwater system and that something that developers won't tell you.I love my country and it would be a disaster for everybody if this place ends up like some other great beaches around the world, that are completely ruined by greedy investors not following the rules.There's no urban or comprehensive master plan, and one of the risks is that Tulum will be like Playa del Carmen is today, overgrown and with environmental devastation.I will advise doing a lot of research before getting something in Tulum, different country, different rules, and practices.
Marcus Robert
Self Directed IRA or Other regarding 401k
5 December 2024 | 4 replies
2.) looking for advice on how to deploy 600+ thousand dollars into real estate and start receiving the cash flow from it without having to pull the 401(k) out and swallow the tax ramifications.I currently own 13 units and receive healthy cash flow from all of them, but I am looking to increase my cash flow so I can ease into the next phase of my life which includes work of a different kind but not doesn’t having a 9 to 5 job.Thanks in advance!
Mitch Davidson
Anyone experienced with renting to FEMA?
3 December 2024 | 3 replies
Here in Western NC and greater Asheville we have several thousand people who are suddenly displaced due to Hurricane Helene.
Bridger L Logan
Any success with rent by the room?
15 December 2024 | 59 replies
If you figure it takes a few thousand to build a new bathroom, but you can charge an extra $50 for that room.
Kyler Berry
Land development in Mapleton/springville
2 December 2024 | 7 replies
This can range from a few thousand to several hundred thousand dollars, depending on the complexity and size of the project
Dan H.
Can cabin on owned land be comped with cabin on leased forest service land
4 December 2024 | 4 replies
I have been interested in buying a laundromat but have been hesitant thus far because the only ones I have found have been on leases and I’m worried about investing hundreds of thousands of dollars into something that can be terminated or significantly altered with the end of the lease.
Jennifer Fernéz
Let's say you have $80K in your savings account...
19 December 2024 | 82 replies
Somehow that has gotten lost but it costs thousands and thousands of dollars just to buy a property.
Mahender Bist
Where to form LLC for legal protection - Business in AL, Living in CA
4 December 2024 | 18 replies
Even if I were found guilty, the cost would be in the thousands, not in the millions.
Lisa Fondant
Jerry Norton programs ($10k finder fee - Powerflipper)
10 December 2024 | 104 replies
Sometimes these types of deals require that you purchase a software to help search for lots,so we'll see.Most of the time,established people in industry are not going to come online and scam people,why would they ruin their own business in the offline arena?
Scott Trench
Syndicator Threatens LPs for Negative Comment about them On BP
26 November 2024 | 86 replies
.- Syndicator intimidates investor (who just lost tens or hundreds of thousands of dollars investing with said syndicator) with legal threat- Terrified LP, already having lost money, now is scared that wealthy syndicator could ruin them, and asks me to remove the forum post discussing the companyWhile I am in no position to verify the truth or falsity of claims made on these forums by LPs or GPs, to me, it seems like a special hell is emerging for investors where the following reality is possible:- Invest tens or hundreds of thousands of dollars with a syndicator- Lose all or most of this investment- Get ghosted/poor communication from sponsor- When they complain or ask for help, get threatened with legal actionI told the person with the original post the following: - Name the syndicator, and I will publicly call them out for their threat, if they confirm who it is.