How to Prepare for Your Rental Property Closing Like a Rock Star

In This Article

Real estate investors do NOT talk enough about what needs to happen to be fully prepared for closings on rental properties (on the purchasing side). Some closings go smoothly; others can be disastrous.

The more prepared and organized you are, the better closings will go. (Added bonus: you’ll avoid running around like a crazy person the day of!)

Getting Ready to Close? Watch This.

In today’s video, I discuss how to prepare to buy a rental property. Be sure to sort out the following prior to closing:

• Title and Legal
• Tenants
• Loans
• Insurance

As always, let’s get some discussion going!

What did I miss? What do you think is imperative to include in a “preparation list” for buying a rental property?

Thanks for watching and commenting!

Note By BiggerPockets: These are opinions written by the author and do not necessarily represent the opinions of BiggerPockets.