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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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29 January 2025 | 8 replies
If there are no other red flags on the tenancy (i.e payment issues, lease defaults) I would still renew tenants (even if they are a little corky!)
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3 February 2025 | 26 replies
What I love about them is they will even accept the higher lease amounts over the market rents if we can show first month's rent and security deposit.
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21 January 2025 | 10 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
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12 February 2025 | 19 replies
Security deposits have to be held in an escrow account disclosed to the real estate commission which requires a yearly report and all leases need to disclose your license information.
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29 January 2025 | 22 replies
Quote from @Stuart Udis: @Danielle B What data are you relying on that suggests Section 8 leased properties provide for better returns than other investment strategies?
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21 January 2025 | 1 reply
Listing your property there ensures visibility.Build Relationships: When agents reach out, respond quickly, highlight your property’s amenities, and showcase your flexibility to meet displaced families’ needs.Highlight Insurance-Friendly Features: Emphasize features like flexible lease terms, utilities included, and a fully furnished setup to attract insurance placements.This approach has helped me successfully market to insurance companies.
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19 January 2025 | 13 replies
We use RentRedi for tenant screening and management, lease documents, automated late fees, messaging, maintenance requests.
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21 January 2025 | 3 replies
I understand the hesitancy to lease to students but vacancy is so low, that if you can handle a few headaches, it's worth it.
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26 January 2025 | 8 replies
Hi Laura, I just went into contract on a 4/2 in Sherman that is already tenant leased.