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27 January 2025 | 15 replies
If you are set on closing under your personal name, you definitely want to check with your lender on that during the initial fact-finding stage.
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18 January 2025 | 10 replies
The problem is, none of it is based on actual comps, and again, the word "cute" doesn't have anything to do with setting those numners.What you need to do is a full analysis of the comps for both rent and sold in your area.
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13 January 2025 | 19 replies
Now you repeat that process until it's paid off.Disadvantages:It took a while for me to set up.Bank account is always low, lol.People can spend a lot with that amount of credit.People think I'm weird when I tell them DId you analyze what would happen if you moved all of that money you were using to pay off a heloc, not get a heloc and put that money in a treasury or other type of account that got you 6% interest or invest in an ETF or something lower risk?
16 January 2025 | 1 reply
I’ve watched a lot of videos on how to screen and how to set up work with contractors, so I’m hopeful to build those relationships more in this area in the future.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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20 January 2025 | 12 replies
Let me know if you'd like to set up a meeting since we are local.
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19 January 2025 | 46 replies
They are not allowed to buy a home due to tax and immigration reasons, so the company gives them a set amount for rent each month along with paying for other expenses.
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16 January 2025 | 12 replies
For example: if your rent is set at $2,400 per month.
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1 February 2025 | 16 replies
I’d recommend setting an appointment with a local lender, sitting down and going over the loan, and your options with him/her.
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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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10 February 2025 | 17 replies
If you can't do that, they make boxes you can put over the themostats in your tenants apartment, you can set it to room temperature and lock the box.