I have not gotten it appraised but pay taxes for $1.5M.

Reserve at least 10% of your take-home pay for investing.

What’s a good rule of thumb to follow when starting a business or owning multiple properties for how much you should set cash aside to go towards the mortgage, expenses, emergencies and paying yourself?

We are currently working on a project down there at Mahogany Bay.We purchased a property there on MBV and plan on starting construction the end of 2024.

Is there a general rule of thumb for what to expect to pay in fees/taxes when selling a property?

I used their ultimate plan, which has rent and eviction protection.

It was more to have another cool place to vacation and let it pay for itself and appreciate.I never plan on selling either property.If I see a great deal on a beach house that will be next.

Tenant pays all utilities but garbage.

Or buy AND pay for them - then sell them!

This increase in sales tells us that more buyers are looking to call Miami home, and they’re willing to pay for the privilege.The median sale price has risen to $670,000, a 6.1% jump from last year.