Doty II, and I’m excited to be joining this amazing community of real estate professionals and enthusiasts!

A completely paid off property purchased at a 6-7 cap, and appreciating at 3% per year long-term is a 9-10% return with very little tax.

Millionaire Real Estate Investor3.

Congrats Brendon, what was the draw for you with the property?

I would just be careful if you have the right to the land as well, becasue some countries in Asia only will allow you to own the actual property. 

I am also looking for any suggestions on real estate agents as well as inspectors if you know any.

Who is the property manager? 

If the HR person has RE properties I would assume that they are good at real estate tax planning and etc and since you have been with them for 20 years you are familiar with them and they are familiar with you.

Can't speak to the organization in Michigan but generally the benefits of a well run STRA far outweigh the costs.I am a property manager in Hawaii so we are constantly being hit with new anti-STR legislation and have a large, well-funded hotel lobby to deal with constantly.

I got a Heloc to buy a piece of property at the first of the year, 5.99%.