We set up our infrastructure and are very organize and thorough, and through the year we made some significant progress and went on a learning phase to get better each day and closer to our first deal.As foreign investors we have to rely on hard money which gives a less edge, and face uncertainty with contractors not knowing real pricing and such.We are constantly on the look out for new investment opportunities.The problems we are facing right now is not knowing good contractors and the high competition on the MLS.We just started learning more about off market properties and sending direct mail.We would like to hear from your experience what should our next step be as newbie investors, and if there are some foreign investors here with tips.Thank you so much guys, best of luck to all! 

I am looking to buy again in the next six months.Here’s the situation:I own a home in San Diego, currently worth about $1.05 million once the ADU is built.I owe $680k on the mortgage at 4.25%, with monthly payments around $5,500.The property generates $7,500 in monthly income: $5,200 from the main house as a vacation rental and about $2,300 from the ADU as a mid-term rental.My broker is advising me to do a cash-out refinance and switch to a DSCR loan, then move the property into my LLC.I’m hesitant because current interest rates are around 8%, and I was originally considering a HELOC due to these high rates.Given the high rates, would you recommend sticking with the HELOC, or does the DSCR loan make more sense in the long run?

Hello Maya, I highly recommend connecting with @Jorge Vazquez, since he is a long time investor in Tampa and broker. 

A lot of these are nightmares with crap tenants and old high cap/ex houses. 

I'm in the retail sector, primarily value-add product with a great location but poorer performance than the market average.

If you think every undocumented immigrant came to US to simply provide a better life for their family, I'm afraid you're mistaken.Giving a pass on background checks is opening yourself to ANYONE.

As we progress through 2024, commercial real estate shows a mixed landscape influenced by economic factors like inflation and labor market shifts.Office PropertiesThe office sector remains strained, with vacancy rates at a record high of 13.8% in July.

I’ll definitely be more assertive with this strategy, as it's important for us to stand out positively among the competition by offering a high-quality service that really makes a difference. 

I asked for a sample estimate ahead of time to make sure I can check everything.ALTA Seller's Settlement Statement provided by the buyer's title company lists:H.

Will get a premium price if providing for that need.