Our off season income fell far below the LTR income.  

Bringing income total to 4600-5200 to cash flow around 800 before doing a hopeful refi if rates drop 🤞🏾.

If you have been self-employed for 2 years lenders will use 12 months of your deposits into both your personal and business accounts as qualifying income.

A lot of people prefer "simple" agreements, but truth is, there is a lot of moving parts in the property management business, and the PMA should take this into account. 9) Access for communication.

It is currently operating as a long term rental, but the income would at least triple if we were to convert it to a short term rental. 

I believe that starting out, you would need to find an investor lawyer and accountant to help you set up the legal entities in both countries, then research your market, find financing, build a team, and so on. 

Keep in mind: For the 2024 tax year, individual filers won't pay any capital gains tax if their total taxable income is $47,025 or less.

After leaving the property and renting it out, I'm gonna hire a property management company which will have a maintenance account to take care of such issues. 

A lot of people don't account for all of their expenses and think something will cash flow that actually doesn't.

Mixed-use developments and spaces that can easily transition between commercial, residential, and retail uses are gaining traction.Key Takeaways:Design spaces with adaptability in mind to accommodate different tenants and uses.Consider mixed-use developments to diversify income streams and reduce vacancy risks.Strengthening Tenant RelationshipsBuilding strong relationships with tenants can lead to higher retention rates and stable income.