It’s a bit complex, so working with a 1031 exchange expert and a tax advisor is crucial to make sure everything is done correctly.

Has anyone had experience with building or buying in the Providenciales area?

How difficult would it be to get an invester friendly construction loan to build on a property where I live and have mortgage.

I would strongly advise anyone starting out not to be in a rush to skip steps, but rather to take the time that it takes to save for the first few to learn and pay down "the dumb tax" of figuring out what you don't know. 

If a buyer wants lower property taxes, do agents tell buyers of new builds to suck it up and accept it? 

Plus, the networking will be invaluable to you as you build your team.

q=f8z5B-7KWMortgage DetailsHome value:$495,000Down payment:20.00%Loan amount:$396,000Interest rate:6.10%Loan term:30 yearsStart date:Aug, 2024Property tax:$6,000.00PMI:0.50%Yearly Home Insurance:$3,000Monthly HOA Fee:$0BalancePaymentsTaxes & FeesInterestPrincipalBalance20242029203420392044204920540150k300k450k015k30k45k Mortgage Repayment Summary$3,149.74Monthly PaymentPMInot required$99,000.00Down payment amount20.00%Down payment %Jul, 2054Loan pay-off date$467,906.17Total Interest Paid$500.00Monthly Tax Paid$180,000.00Total Tax Paid$250.00Monthly Home Insurance$90,000.00Total Home Insurance$37,796.87Annual Payment Amount$1,133,906.17Total of 360 Payments

Thanks, Caden.Link up with a local investing group and start building relationships.

I'm in the Charlotte, NC area and I have 1 rental property looking to build a portfolio.

I would like to build a 6 shipping container building/ home.