Just want to drop the message here, anyone located in Dubai or distanced managing properties there?

I'm now figuring out how to maximize the return on current properties and add value, efficient ways to self manage, etc.

Let's talk,DanIve actually been looking into buying a condo myself as an investment, I have a few rules, needs to be with both good hoa management & relatively cheap fee (bellow $600 a month) needs to be in area where I’m not competing against other new construction apartments, needs to be an area where even townhomes are so expensive you are not competing, I.e. upper nw, nova, Bethesda etc. needs to be 1990’s or newer in most cases.

For liability purposes our financial advisor is recommending creating a LLC for managing all of the STR stuff.

Typically corporate/bank owned homes are managed by an asset management company.

Investing in real estate in actually starting, managing, and marketing a company. 

Great place to meet other investors, agents, property managers, and contractors.

I definitely wouldn’t mind the help with my rehabs and getting started with property management.

As someone who occasionally works with these investors, I always try to emphasize the challenges that come with real estate like managing renovations, dealing with tenants, and navigating market fluctuations.

After 6 months I have two properties and since day 1 they have been rented.However, making some numbers and organizing the 2025 budget I am not sure what to think about my first step on this journey.The rent covers the mortgages (10 year loan both) however I have to take out of my pocket some % to cover HOA and management fee.