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26 January 2025 | 9 replies
Asking in the correct forum will get a better response.Read the RULES!
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17 January 2025 | 4 replies
He uses poorly thought through methods, I've listened to his "methods", Thus, he has the high amount of Due On Sale called in a short period of time.
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17 January 2025 | 10 replies
@Chris Morris have ALWAYS seen bad "deals" from rookie wholesalers that really don't understand what they are doing to provide value to the industry.It's getting worse because the real estate market has recovered from the 2010 Crash, yet many are still using tactics & methods developed during this time.Everyone in the industry needs to go back and look at what was being done BEFORE 2010 and start using those methods, updating them with current technology.
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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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27 January 2025 | 6 replies
If he kept the house, then your statement would be correct, because there is no immediate taxation of insurance payout.
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27 January 2025 | 14 replies
Ours are more like soft corrections.
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7 February 2025 | 12 replies
Small correction.. by small apartments we would be looking at 20-30 doors.
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20 January 2025 | 3 replies
My method has always been to call every listing that hit 90 days on market in areas that I want to buy.
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16 February 2025 | 71 replies
You are correct on share redemption.
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24 January 2025 | 6 replies
It might be overpriced or might be correctly priced but is not generally desirable because of the work involved.