Thomas Farrell
BRRRR with ~400k Capital
18 January 2025 | 16 replies
I suggest focusing on building your "Core 4" team—agent, lender (one who can finance both the purchase/rehab and refinance is ideal), contractor, and property manager.
Natasha Rooney
Fideicomisos VS. Mexican Corporation for STR in Mexico
16 January 2025 | 2 replies
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.
Lauren Ruppert
Can an LLC (sole proprietor) sell a property to an LLC belonging to a son/daughter?
22 January 2025 | 5 replies
@Lauren Ruppert Yes, an LLC can sell a property to your child’s LLC, ideally at fair market value (FMV) to avoid gift tax complications.
Akshay Kumar
Investment property landscaping
17 January 2025 | 2 replies
Fix it.We eliminate as much landscaping as possible: we take out flower beds and most decorative features, ideally, lawn mowing is the only job tenants have to do, because we know that's all we can expect from most.
Mak K.
Tenant lied and has a dog on first month of lease -Texas
16 January 2025 | 8 replies
How do I deal with her and is it a lease violation?
Michael Long
Investing Cleveland, OH area
9 January 2025 | 10 replies
I would try to find an agent with investor experience and, ideally, a focus on investment properties.
Kadeem Kamal
Anyway to estimate insurance without reaching out to my broker for every property?
16 January 2025 | 4 replies
I know that ideally, I reach out to my broker or any other reputable insurance provider to get a more accurate estimate.
Ben Mardis
Investing Newbie: an intro and preliminary strategy review
16 January 2025 | 7 replies
Apartments are the least ideal living situation for us, so what if we got stuck in a multifamily property we intended to just be in for a short time.
Jerry Zigounakis
3-2-1 Buy Down
22 January 2025 | 6 replies
Loans like this can be useful or very dangerous, depending on how you manage your business.The ideal situation for a loan like this is when you have a property that will take a while to get up and running.
Meir Ben-Yechiel
Question About Investment Goal Strategy
8 January 2025 | 5 replies
Since my current strategy is BRRRR, I'm looking for a location where I can implement it successfully within my budget.I’d prefer to target the best neighborhoods or subdivisions I can afford, ideally with favorable eviction laws and other key factors.That said, I started wondering if there might be a better strategy to achieve my goals.