Cost Advantage: Property prices in Mexico can be 40%-50% lower than comparable investments in the U.S. or Canada.High Occupancy Rates: The average rental occupancy rate in Tulum is 70%-80%, driven by year-round tourism.Economic Stability: Mexico's economy grew 3.1% in 2023, with a robust real estate sector supported by foreign investment.Infrastructure Investments: Developments like the Maya Train and new airports enhance connectivity, boosting property value.Feel free to reach out if you'd like more information on how to invest in Mexico, benefits and insights in general!

These are the critical tests you will need to achieve and support with a detailed time log.

You can do any strategy you want personally so long as the market data supports a 1:1 under STR, MTR, or LTR income strategies.

As such, the plan will continue (i.e. it is not as if the Quest Solo 401k plan is being shut down and a new plan is started) but be governed by the new plan documents (which is why one needs to find a plan that supports the required features). 

I keep trying to find a way to support it but even with all the crypto podcasts I listen to I don’tsee how it offers a value add to our current system.

It’s been a great experience so far and I’d be happy to share insights or discuss strategies that have worked for me.Feel free to reach out if you want to chat more about specific areas or building a team to support your long-distance investing journey!

It's nice to see the community showing support for STRs and pointing out that an STR doesn't solve any of the real problems.  

I’m really rethinking this.There are no comps in the area to support his price but I’m sure it will appraise, usually it does.$275000 with 25% down, taxes $4080, insurance is 3000 yr and rents is $3800 month, Water $400 mth. 

They don't mention anything about paying payroll taxes, workers comp, complying with laws, etcReal estate agents can have a team around them where they do have employees if they have admin/support or marketing team.Regardless, if you want to interchange small business for commissioned sales people in my post you can.My post was mentioning that service providers in the real estate space are incentivized by their advertisements as it will increase their annual income.

We have a new CFO on board for about 6 months now, a new Controller, new employees, two outside agencies provided support etc. to rectify the issues.