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11 December 2024 | 11 replies
One guy I worked with...an old friend, actually...was petrified of taking on more debt until he snagged a short-term rental in Austin that practically doubled his monthly cash flow after a few months.Now, let’s not sugarcoat it.
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12 December 2024 | 49 replies
From talking to locals, there's a couple of issues than need to be addressed, some are the non-ecological practices that some of those developers have, unfortunately, our government profits from this investors and allows them to destroy manglers (which are the natural water purifying system of that area) dismantling hectares of mangroves and degraded the habitat of resident and migratory species burying animals alive.There's proof of fecal material floating beneath the city of Tulum, only 20% of the water is sent to the water treatment plant, there's no infrastructure for the exponential growth.The landfills in the middle of the jungle that is leaking hazardous pollutants into the freshwater system and that something that developers won't tell you.I love my country and it would be a disaster for everybody if this place ends up like some other great beaches around the world, that are completely ruined by greedy investors not following the rules.There's no urban or comprehensive master plan, and one of the risks is that Tulum will be like Playa del Carmen is today, overgrown and with environmental devastation.I will advise doing a lot of research before getting something in Tulum, different country, different rules, and practices.
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6 December 2024 | 17 replies
Specifically, I’m interested in house hacking as a way to begin practicing real estate after I graduate from college.Can anyone share some learning directions, tips, or experiences?
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12 December 2024 | 18 replies
And even the ones that raise more often only do so several times during the year and many times there is nothing available.So even if you had such a list, it is not really useful in deploying money in the real world.A more practical approach is to see which offerings are currently available and simply scan them to see if they match your criteria or not.
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3 December 2024 | 7 replies
Hi community, I'm in the process of acquiring my first STR property in Joshua Tree and have met with a co-host that I really liked. I'd love to utilize their expertise when assessing a property since they are local bu...
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15 December 2024 | 59 replies
Otherwise, I think this strategy is a good practice to help you feel if you really want to be a landlord.
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3 December 2024 | 2 replies
Hi community, I'm in the process of acquiring my first STR property in Joshua Tree and have met with a co-host that I really liked. I'd love to utilize their expertise when assessing a property since they are local bu...
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10 December 2024 | 6 replies
I have been practicing my deal analysis daily, but it's hard to tell if my numbers are accurate without comps.
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14 December 2024 | 101 replies
But you need to be at least transparent and ethical in your practice.
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5 December 2024 | 1 reply
Understand the basics of private lendingResearch real estate marketsDetermine your investment strategy and criteria for loans, including:- Amounts- Interest rates- Repayment termsCreate legal documents with a lawyerNetwork with real estate professionalsPerform due diligence on potential borrowers and their projectsBegin with smaller loans to gain experienceMonitor your investments closelyConsider joining a private lending group for additional resourcesStay informed about real estate trends, lending practices, and legal regulations