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16 January 2025 | 0 replies
Going through my real estate journey I have learned a lot, I am 24, a veteran and a graduate from Temple University,I started with aspirations of investing on a property and making a quick flip.My problem lied with fear of failing, my capital and my savings.I decided I wanted to learn the real estate market and know the ins and outs before I would make a bold choice on buying my first real estate home.
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23 January 2025 | 5 replies
That’s correct, a foreigner can buy property through a Mexican corporation, which is a great option for those investing in multiple properties or running a rental business.Key Points I'd like to add to your post:Setup Costs: $1,500–$3,000 USD.Ongoing Costs: $1,000–$2,000 USD/year for accounting and tax filings.Benefits: Allows tax deductions for expenses like maintenance, repairs, and management.Best for: Multiple properties or income-generating investments.For a single property for personal use, a fideicomiso is often simpler and more cost-effective due to its lower maintenance requirements and feesUltimately, choosing between a corporation and a fideicomiso comes down to your investment strategy.
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22 January 2025 | 13 replies
I do not think enough coverage is going to the people who are fighting this fight -that job is tough and a big uphill battle to fight these fires.
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29 January 2025 | 32 replies
AND just because you have experience and a “good deal” doesn’t mean you will be successful trying to syndicate the deal.The first criteria is does the sponsor have the general knowledge and experience in real estate, and the specific knowledge and experience in the property type/location to give the project the best shot at success?
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4 February 2025 | 17 replies
The guarantee of getting paid and a high hourly rate would be what would entice them to use the hourly rate structure over a commission structure.
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22 January 2025 | 15 replies
Also pro photos and a PMS with listings on Expedia, Booking.com and AirBnB.
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26 January 2025 | 11 replies
Not likely), vacancy (@ 8% for me), and a possible PM (10% normally).I recommend you reach out to a local seasoned investor and have them run your #s with you, as the #s depend on how you manage it (how hands on you are) and also local pricing.
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29 January 2025 | 40 replies
Seriously, all I can tell you is this:Showing you screenshots, and a ton of leads from my website is a direct indication of the effectiveness of what I am telling you.
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10 February 2025 | 11 replies
If your properties are all located in CA I would advise looking in states like IN, OH, FL, TN, OR, GA and a few other states depending on comfort zone.
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23 January 2025 | 5 replies
On the other hand, self-education through books, podcasts, and free resources is cost-effective but requires discipline and a clear plan.