Pamela Rivas
Can foreigners buy Real Estate in Mexico? Legal process explained!
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.
Angel Mora
Evernest Property Management
29 January 2025 | 25 replies
Things they did bad which I wish I had asked more information about:Never involved in the screening of tenantsThey recommended keys for cash by waiving the rent amount buy only collecting fees which they would get not meThe cost to evict is 750-950 yet other companies told me they will include eviction in the priceThe tenant didnt pay in full last month and I was the one calling out to them and asking questions then a few days later I get an email saying something happened with the tenant and they are investigating.You get passed from person to person every week or so.No one told me when the construction was complete and so the house was ready for a week and the post to zillow and other sites was not done.It took them another week to take pictures and then another week to upload it.I was paying 200 dollar a month electric bills while the house was vacant because they left the AC running in the empty property.
Rebecca Cho
Excited (and Nervous!) to Start Our Real Estate Investment Journey
13 January 2025 | 25 replies
We’re drawn to relatively affordable areas that may be more resilient to climate change in the long run (though we know nowhere is immune).Buffalo has caught our attention because of the growing investments in the area, which we think could drive future economic growth.
Cheryl A.
Has anyone invested with Djuric Family Office aka Blake Capital Group
26 January 2025 | 33 replies
How many have they run at a single time?
Daniel Baker
Considerations when selling.
15 January 2025 | 6 replies
I'd have an agent run comps and see if they are offering a fair amount.
Raul Velazquez
REI in Vancouver, BC
17 January 2025 | 9 replies
We saw huge appreciation in the 2018-2022 inflation run up, but that has significantly slowed these days in my opinion.From a rental perspective your monthly income per unit after all expenses with a typical 20% down payment is likely $100-300 when you find a property that will cash flow.
Drew Sygit
How Well do DIY Landlords Track Days On Market?
12 January 2025 | 2 replies
PMs can minimize their suffering from unrealistic expectations by showing comparable properties that are on the market for rent and having a discussion with the landlord as to how their property compares and how his property can be more attractive to renters.Landlords are running a business.
Rebecca Gona
New to STR -Excited but scared- need to learn!
25 January 2025 | 12 replies
The better your can run and manage that business the successful you will be.
Daniel M.
Locking Up a Property Sight Unseen—Need Advice
16 January 2025 | 6 replies
The only time we will not make an offer site unseen is if we run into a situation where an owner or a realtor won't accept site unseen offers.
Gary Abrams
PM software or app, to organize for a secondary manager to take over
7 January 2025 | 3 replies
Once you have a short list, get an account with each one and run them through the wringer to see how they function.