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10 February 2025 | 9 replies
You could get into a solid multi-unit or a single-family rental with real cash flow instead of hoping your Katy rental eventually fills.Not saying you should walk just yet, but if leasing drags out longer than expected, would you consider selling and reinvesting somewhere with better returns?
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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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23 January 2025 | 45 replies
Hard to give good advice without more info, but since You are single no kids it's hard to beat buying a single family fixer upper and living in it for two years and then selling for tax free profits....I'm a big fan of Waltham these days $.02
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29 January 2025 | 40 replies
Quote from @Christina Hall: Let me guess your solution is SEO 😆 I’ve spent 20 years in sales/marketing and I have to say it’s never a single strategy We are also buying up expensive keywords on google I hear this constantly when I try to help peopleI do ONE single strategy because that ONE strategy is the one that actually works.Will you do 15 different strategies just because there is some unspoken rule that says "Don't do just one strategy?".
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15 January 2025 | 6 replies
The lenders were very good and communicating at first, but as we got close to closing, we could not reach a single person in the company during business hours.
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23 January 2025 | 5 replies
., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.
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8 February 2025 | 21 replies
Rental rates are fine for SFHs - I haven't had to drop my rates whatsoever with turnover, nor have I had a single tenant try to negotiate a lower rate.
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27 January 2025 | 6 replies
And are you thinking single-family, multi-family, or something else?
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7 February 2025 | 8 replies
They knew all along this was an LLC, every single paperwork sent to them was under the LLC.
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7 February 2025 | 12 replies
Other option would be to sell one of these homes and buy a single family home on a larger, flatter lot with more potential to build, but then I lose these great mortgages I've got.