Subsequently, Morningstar decreased the value of these properties in their calculations by roughly $1 billion, from $1.5 billion in 2019 to $475 million today.

Hi @Jessica FrancoGreat to hear of your interest in property back home.From my experience (we own a company called KOURO here in South Africa) it really really depends on the strategy you hoping to focus on, the area, purchase price and what value you can add to that property - as discussed everywhere on BPWe do flips, multi-lets and now recently starting Developments.Our returns are really good and we give great returns to our hard money lenders of between 15-20%.We are quite happy and believe that the property market here, if bought right, will last through any down times.

Investment sales over $10 million, which had cap rates in the mid-5% range in early 2022, are now more commonly found in the mid-6% to mid7% range in the early months of 2024.Overall, retail properties have experienced a drop in value, with struggling malls significantly contributing to the double-digit price declines at the top end of the market.

So I’m okay with a bit of balance, and it probably makes for better property value appreciation. 

There is value in reasonable privacy.

@Joe Mills be extremely careful on the values of the homes in the total value.

Currently the house is valued at $805K according to Zillow (vs the $850K that I "bought" it for).Thank you in advance for your input!

Such use does not adversely affect property values in the subdivision,neighborhood, or area.4.

To trigger this exception, you must meet three criteria:You must sell your entire interest in the underlying passive activityYou must trigger a tax event, meaning that you must sell your interest for value in a fully taxable transactionAnd you must sell your interest to an unrelated third party, no family or close affiliates.Source Link

When you want to play on a bigger scale, it’s better to know then not to know.I play on a larger scale so I value mentors and coaches that can help me perform at a higher level.