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24 October 2024 | 1 reply
I found the buying process really complex and long winded in contrast to buying in the UK and so set up Dream of Lisbon to help international buyers and investors with on the ground support in finding and buying properties in the Lisbon and Portugal as a whole.Would love to discuss the market, investment opportunities and speak to anyone interested in buying in Portugal.Thanks,Hugo
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24 October 2024 | 5 replies
If you need more features like automation and advanced reporting, the starter plan is $10.99 per user per month, and there’s an advanced plan at $24.99 per user per month for more complex needs.
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24 October 2024 | 5 replies
Common expenses include:- Attorney Fees: Legal assistance for reviewing contracts and ensuring compliance can vary based on the complexity of your deal.- Title Insurance: Protects against potential disputes over property ownership.- Appraisal Fees: Necessary to determine the property’s market value.- Closing Costs: This can include various fees related to finalizing the loan, such as recording fees and settlement costs.Inspection Fees: If required, this ensures the property is in good condition before purchase.It’s a good idea to discuss these potential costs with your lender upfront to get a clearer picture of what to expect.
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24 October 2024 | 6 replies
It is quite complex and heavily manual and opinionative (a lot of decision comes from intuition).
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23 October 2024 | 6 replies
(An exception is if you own 5% of the company you work for)Agree, this is a great summary post on REPS with core concepts on how to qualify. .I think the complexity comes in when people have edge cases - it becomes difficult to write a simple short post that educates everyone.
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22 October 2024 | 8 replies
It sounds possibly complex.
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23 October 2024 | 0 replies
Purchase price: $2,800,000 Cash invested: $10,000 Sale price: $2,900,000 Got in touch with the sellers of a 20 unit apartment complex and Logan.
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25 October 2024 | 8 replies
To pencil out whether a deal is good I work at a high level and have maybe a 15-25 tasks and to actually manage the work once I buy a property I might have a a couple hundred tasks depending on the complexity of the job.
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23 October 2024 | 6 replies
However, this approach might add complexity, such as additional tax filings, self-employment taxes, and administrative costs.
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23 October 2024 | 1 reply
While that’s appealing, the added complexity with tenant turnover, varying personalities, and managing shared spaces can make it a bit of a trade-off.I’m curious, how does it look in other markets?