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12 January 2025 | 12 replies
It’s super important you prioritize the end product: something that gets the job done well as an STR.
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19 February 2025 | 21 replies
So could start with some community banks in Cleveland since you are local.Residential loans for the most part are serviced by Fannie Freddy but commercial loans can be much more diverse with their products so having a few options has always helped me a ton.
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23 January 2025 | 4 replies
On average, you will spend 10% of your income on maintenance per year.
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18 January 2025 | 1 reply
Here’s a chart showing what percentage of an American’s average mortgage payment goes to taxes and insurance:Rising taxes and insurance premiums make real estate even less affordable for buyers already facing higher home prices and mortgage rates that rose ~150% in less than two years.
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18 January 2025 | 11 replies
The Lenders tab at the top of the site helps with finding lenders by product and location.
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30 January 2025 | 56 replies
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!
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26 January 2025 | 17 replies
But you can't do that without investors assuming your average guy/gal and I don't think I'm cutout for that and that is a lot more hands on.
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16 January 2025 | 2 replies
They highlight the difference between the average home cost and the average home value suggested by the price of large institutional companies such as American Homes 4 Rent and Invitation Homes Inc.I suspect this is nonsense (especially as according to google their price to book ratio is positive).
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24 January 2025 | 5 replies
A 1031 exchange allows you to defer taxes by exchanging real property held for productive use in a trade or business or for investment for other real property of like kind, which is also to be held for similar purposes.
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24 January 2025 | 36 replies
I'm a 20x AirBnb superhost who realized I have more productive uses of my time than hosting directly.