If they go out I can raise rents to still below market a little for a good deal to a tenant but after my lease up expenses still have additional equity and value to show for it.I shake my head at buyers buying Popeyes with some small franchisee that is 6.2 cap rate versus national grade credit at 5.9 cap and that Popeyes paying market rent.

Construction loans are available in Mexico but its a complicated and very expensive process.As a developer, I find and buy the land, plan and obtain all the permits, recruit a general contractor, market and sell the condos to investors who either use them for part time living or list them on AirBanB. 

In a DSCR loan, a lender/broker would charge an average of 2 to 3 points of the loan amount. 

There is nothing for frustrating than finding a great property that meets all your other criteria, to only then discover that rent in that area will not cover your expenses.

My thing has always been to buy properties that are slightly better than average in location and condition.

Homes in 95605 have seen more of a depreciation in median list price from end of September of 2023 to now with a $696,731 90 day average to $506,844 90 day average at the end of March 2024.

If it's self-employment income, the net income on your tax returns from 2022 and 2023 will be averaged.

I think people are leaning toward fire only - no windstorm right now if you can since it is getting crazizy expensive.

Average length of tenancy is over 4.5 years.

Back when we were only earning .5% on savings, I was reserve lean and held 2 months of expenses per property up to 10.