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13 February 2024 | 5 replies
Hey @Robbie McCarthy, As accountants on BP we cant directly promote our services.
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13 February 2024 | 12 replies
Communication has always been the sticking point for me as I am not quick to trust my investment to someone with no skin in the game and who hasnt' gotten my ok on spending my money.In my mind it might be better to find a realtor or other money partner in long distance properties and pay them a management fee for that service.
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13 February 2024 | 0 replies
In this post, I share with you the pre-construction investment benefits in the Dominican republic in the tourism sectors like Punta Cana, Puerto Plata, Sosua, and others.Among the benefits of acquiring properties on plans are the following:1- Capital Gains: the increase in the value of a property over time, due to different factors, such as accessibility, location, within the urban environment, services and infrastructure, and urban and architectural value.2- CONFOTUR tax benefits: law 158-01, which establishes tax benefits for real estate investors in the country's tourism sectors, which grants the benefit of tax exemption for 15 years.a)- Real estate transfer tax 3%.b)- Real estate asset tax (IPI) 1%.3- Financing available with an interest rate of 0%:Which works depending on the policies of each project, it normally works as follows.a)- the unit must be reserved from $2000 onwards.b)- They are given an approximate period of 21 days - 30 days to complete the downpayment 20%.c)- it is financed in monthly installments without interest until 50% of the value of the property is reached at the time of delivery 12-24 monthly paymentsd)- the remaining 50% can be financed with a bank or you can pay it cash.4- Resort administration: which guarantees monthly profitability and a return on investment which we could talk about by a zoom meeting..Thank you
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13 February 2024 | 7 replies
Talk soon,David First off, thank you for your service!
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13 February 2024 | 6 replies
That being said some of the areas do drop down a lot during the winter just due to lack of services running, restaurants closing for the seasons, and lack of events going on; so staying in areas near the year round attractions will be very important.
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13 February 2024 | 15 replies
Remember, it's a team player, so combine it with quality listings, competitive rates, and stellar guest service.
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13 February 2024 | 22 replies
@Ruben Helo Ruben, if your final choice(s) is to invest in areas other than where you live, be certain to do 2 things in relation to the front part of those BRRRR's before going under contracts to purchase: (1) Make sure you have a quality short-term rehab style lender, and that they service the area/city that you are targeting.
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13 February 2024 | 5 replies
The layman, the non-investor, has the (incorrect) impression that this strategy is synonymous with "low risk."
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13 February 2024 | 3 replies
Alabama law says that a property is abandoned if there is no electric service for over 7 days.
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12 February 2024 | 7 replies
In other words, a company looking for qualified investors gives referral fees, but a nonrealtor knows some qualifed investors who may be interested and wants to know if there is an agreement for that.I believe there i...