Heather: I want to buy, fix up and rent out properties. Where do I start?
Can I start with a relatively cheap house or should I start with an apartment or flat? I want to start ASAP, so is it bad to only be living in an apartment and renting out a house? Do I need a license?
Also, I’ll be graduating as an Army National Guard officer soon, which would require me to be away from anywhere from 2 weeks to 12 months at a time, so I would need a property manager. Where do I find one?
Answers and Views:
Answer by wizjp
Start with a local lawyer who knows the local answers to your licensing questions,
Your banker for a line of credit
INcorporation,
Answer by SPEEDYCONTACT A LOCAL REAL ESTATE LAWYER. THERE ARE MANY QUESTIONS THAT MUST BE ANSWERED BEFORE YOU BEGIN.
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