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1 February 2025 | 17 replies
As a rental strategy for non owner occupants, it absolutely is a fantastic way to generate the highest return, that's true.....but also, and most importantly, your screening has to be on point, and without that, it won't be as effective because one bad roommate can ruin the environment for the other roommate tenants.
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26 January 2025 | 19 replies
Quote from @Jack Phillips: Hi all, I'm looking for suggestions for a CRM to use for my wholesaling business.
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29 January 2025 | 3 replies
Or just any suggestions for the best bang for your buck areas that offer at least a little cash flow and appreciation ?
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4 February 2025 | 6 replies
The cleanout is about 10-15 feet from the curb, but they had to snake 70 feet, suggesting a potential city sewer issue.The plumber mentioned that if I report this to the city, they will likely request a secondary cleanout closer to the curb, which I would have to install at my expense (a costly job).
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17 January 2025 | 1 reply
I want to know is it more cost effective or easier to purchase the property alone and put it in a mortgage in our name or purchase the LLC from him that holds the property within it.
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31 January 2025 | 7 replies
They suggested 5-7 years and we settled at the 7 for the balloon.
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5 February 2025 | 13 replies
.- I would highly suggest you plan on using a property management company.
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19 February 2025 | 21 replies
I’d suggest reaching out to some local agents in the area.
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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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20 January 2025 | 7 replies
Most STR markets have seasonality, and there are untold issues in the future that will effect cashflow.