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Integrity Vacation Rental Property Management

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Did you know there is no real estate licensing requirement in Mexico? That means agents need not provide full or accurate disclosure nor have a duty to act in your best interest. If you plan to buy investment property, your research needs to include a comparative rental market analysis, which evaluates certain factors to determine the appropriate rental rate to charge guests. Accurate income estimates are extremely important to your decision to purchase investment real estate. Knowing how much income the property can generate helps avoid unpleasant surprises after closing the deal. We’ve seen sales agents wildly exaggerate estimated rental income and occupancy projections, and on the flip side severely underestimate the expenses – especially electricity costs. Don’t rely on the projections of someone who has no legal duty to protect your interests, but stands to earn a commission for selling you a property, then reselling it when the projected ROI doesn’t materialize! Integrity V...
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Importance of Timing in Asset Protection

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Importance of Timing in Asset Protection. Today, let’s study the important component of timing when you do an asset protection plan. Let’s first ask when is the best time in order to undertake asset protection. Well the answer is simple. It is before any lawsuit or claim arises against you. Why? Because it allows you and enables you to do planning for what is called a rainy day. And in reality what you want to keep in mind always with planning for asset protection is that you want it to be complementary to an overall estate planning objective such as minimizing your estate taxes and so forth. So what happens if you do start to do some asset protection planning after a lawsuit or claim arises where you are basically looking at two different situations. 1.      With reserves. So let’s say that you have a million dollars in asset and someone comes up to you for two hundred thousand dollars. While you are completely allowed to extract $ 800,000 out of your assets a...
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Location: 17702 Mitchell N #101, Irvine, CA 92614, USA
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Top 10 Reasons To Hire a Vacation Property Management Companies

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TOP 10 REASONS TO HIRE A PROPERTY MANAGEMENT 1. GUESTS WILL LOVE IT ! Property management companies almost always hire a professional cleaning service to clean the property, have linens professionally laundered, and go the extra mile to make sure everything is perfect for the next guests.  Renting through a Property Management company helps make the stay more like being at a top rated hotel, as opposed to just picking up keys to an owner’s property.  Guests may be a bit leery of renting someone’s home… 2. GET FULL SERVICE PROPERTY MANAGEMENT  Managing short-term vacation rentals can be a very tedious business, even if you only have only one property.  Most reputable vacation property management companies offer full-service property management.  They have the bandwidth to take care of everything from reservations, marketing the property, permits & licenses, checkins & checkouts, middle of the night emergencies as well as perks like concierg...
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Location: Isla Mujeres, Quintana Roo, Mexico
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Buying property in a location you love

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Buying property in a location you love One option is to invest in a vacation rental property somewhere you already love to visit. That’s what we did.  You get it all: a home away from home when you want to go on vacation – and rent it out to guests for cash flow the rest of the time when you aren’t there. When you purchase a property in a location you love, it brings a unique perspective into what other guests may want when they travel to that area.  You know what the area is like and what other  can experience.  That knowledge can give you a competitive advantage in the marketplace. Before you fall in love with a particular property, consider properties that have a great location: close to local attractions, restaurants, nightlife, beaches or whatever it is that makes visitors select that location.  There is a huge difference between “ driving distance ” (or taxi) and “ walking distance ” when prospective guests decide which property to book.  It...
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Location: Isla Mujeres, Quintana Roo, Mexico
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