Total Members: 158,310

AdamCarey

  • AdamCarey started the topic Buying a house/property (far away) abroad in the forum Overseas Deals 3 weeks ago

    Three weeks ago, my wife and I returned from our first vacation in Mexico and fell in love with the place. We’re now contemplating buying a home or apartment there.

    It would be used as a vacation home for three months in a year and rented out the rest.

    A couple from India we met at our hotel told us we can’t purchase a home near the sea without…[Read more]

  • AdamCarey changed their profile picture 3 weeks ago

  • AdamCarey replied to the topic Renting house to Business! in the forum Creative Investing 3 weeks ago

    Since you’re renting out a fully furnished house to a business entity rather than individual tenants, it leans more towards a commercial agreement IMO.

  • Can you just paste the photos here? Not that confident of clicking weird-looking links (sorry, but paranoid, haha).

  • AdamCarey replied to the topic Commercial or Residential as a start in the forum Commercial Property 4 months, 1 week ago

    Great to hear you’re diving into real estate with a clear goal in mind! Regarding the Commercial vs. Residential debate: It depends on your risk tolerance and investment strategy. Residential properties often have a broader market, while commercial can offer higher returns but with more complexity. Consider what aligns better with your long-term goals.

  • AdamCarey replied to the topic Bye bye cash !! I hope not…. in the forum Opinionated! 4 months, 1 week ago

    It scares me as well Ben, I simply don’t like putting so much trust into 3rd party systems especially when it comes to money.

  • Great foresight in wanting to separate your business and investment endeavors for enhanced asset protection and tax benefits. Here are some options to consider:

    Shareholder Loan – Company A can lend money to company/trust B. Ensure you formalize this with a clear agreement, including repayment terms and interest rates.

    Dividends – If company A…[Read more]

  • AdamCarey became a registered member 4 months, 2 weeks ago

AdamCarey

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