My Ideal Tenant When owning rental property, one of the most frequently asked questions is, “How do I know who would be an ideal tenant?†Any financial planner will tell you that owning property puts you on the path to financial freedom. Not only does investment property offer diversity to your portfolio, but … [Read more...] about How do I know who would make an ideal tenant?
Mexico Rental Properties
Understanding Short-Term vs. Long-Term Property Rentals
Every real estate owner knows that long-term and short-term property rentals are a profitable way to generate extra income. However, each of these property rental types has its advantages and disadvantages. Let’s consider them carefully. Long-term Property Rentals In general, a long-term rental is a classic and … [Read more...] about Understanding Short-Term vs. Long-Term Property Rentals
Maintenance Tips for Your Vacation Rental Property
Investing in a house on the beach is a tremendous financial asset that can generate fabulous profits. However, this property can also cause significant maintenance costs that you should consider. Exposure to different elements such as sun, humidity, and salinity produces that pipes, windows, or paint get quickly … [Read more...] about Maintenance Tips for Your Vacation Rental Property
Mexico’s Secretary of Tourism Proposes Positive Changes for Vacation Rentals
When visiting Mexico’s Riviera Maya, whether it’s for a quick getaway, vacation or lengthy stay, there are a variety of resources to look for accommodation. Mexico’s Secretary of Tourism, Marisol Venegas, wants to make some positive changes. One of the more popular engines for finding accommodation is Airbnb. The … [Read more...] about Mexico’s Secretary of Tourism Proposes Positive Changes for Vacation Rentals
Mistakes to Avoid When Purchasing a Rental Property
Did you know that investing in a rental property is the best way to generate an extra income? You can never go wrong with investing in real estate. Especially in a destination with high concentrations of tourism such as Playa del Carmen or Tulum. However, before purchasing a vacation rental there are a few things to … [Read more...] about Mistakes to Avoid When Purchasing a Rental Property
5 Mistakes to Avoid When Buying a Vacation Property in Mexico
Mexico is an amazing destination to buy a vacation home. It’s an ideal place to escape those long northern winters, build beautiful memories with friends and family and be able to purchase amazing beachfront or colonial properties at very competitive price. For decades, Mexico has been a top destination for North … [Read more...] about 5 Mistakes to Avoid When Buying a Vacation Property in Mexico