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11 December 2024 | 101 replies
It's quite ironic when you think that Tulum has regulations preventing from building more than 3 to 4 story highs and from building on 40% on any buildable lot.
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1 December 2024 | 4 replies
Are there extra steps or regulations I should know about?
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27 November 2024 | 1 reply
@Josh LemonsThey have a regulation A offering which is open to accredited and non accredited investorsThe great thing is they have to submit their offering circular and have it qualified by SEC as well as submit financial information etc.All this means is the information is readily available and if you do not understand it then I recommend engaging an attorney who can interpret it.
27 November 2024 | 7 replies
I’m hoping to establish a reliable stream of unearned income through real estate investments, but I’m new to the field and looking for guidance.I have around $35,000 saved (excluding stock investments) and would love to connect with someone who can help me navigate this world.
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28 November 2024 | 1 reply
If you are looking for loans on real estate or a business lenders don’t necessarily care about the credit history of the LLC - they care about the performance of the asset and your creditworthiness since you will most likely have to sign personally.I have established multiple LLCs just days before closing on large loans for different assets, those particular entities barely existed and the banks did not care.If you are talking about pulling a business line of credit (like a HELOC, but against your business equity) then the banks like to see some history of revenue.
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29 November 2024 | 2 replies
Offer the design team a piece of the equity OR pay a premium as incentive to keep to an established timeline (that is within their control).
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1 December 2024 | 31 replies
If you can establish a solid network (even virtually at first), and maybe leverage your savings to buy a property with rehab in mind, the reward could be the path you're looking for to make those five-year goals a reality.Of course, the risks are there, but if you're comfortable and see the upside, it could be worth leaning into.If you need more insight into BRRRR execution or anything specific about market selection and building a remote team, feel free to ask.Hope that helps!
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6 December 2024 | 21 replies
Eliminate debt, establish a budget, and save.
30 November 2024 | 4 replies
Eliminate debt, establish a budget, and save.
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6 December 2024 | 45 replies
For illustration purposes, the investor with engineering and/or construction background may excel building in a market where there is ease in doing business and can build efficiently whereas the doctor may have greater success in the established market where significant barriers already exist but can afford the entry price and can ride the waive of continued appreciation and offset their high salary by depreciating the expensive building they acquired.