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Updated almost 9 years ago on . Most recent reply

User Stats

27
Posts
8
Votes
Jeff Lehman
  • Boyertown, PA
8
Votes |
27
Posts

Just getting started, Pottstown PA

Jeff Lehman
  • Boyertown, PA
Posted

I am brand new to real estate as an investment. My wife and I long term goal would be to get to the point where we have enough rental properties to support ourselves in retirement and also have something to possibly pass on to the next generation. I need to know what the steps are to put the wheels in motion. Do I need a lawyer first and foremost or where do I find the laws pertaining to landlords and tenants in my area. I am pretty comfortable with evaluating properties to invest in, and knowing what should be a good deal and what's not a good deal but I need help with the legal stuff. What do I need to know and do to keep from doing something illegal? I also don't want to assume I can do/change/repair/replace something, only to find out that it's not allowed by code or law and really makes the investment worthless? Any advice would be appreciated!

Most Popular Reply

User Stats

25
Posts
3
Votes
Ariel Deleon
  • Investor
  • Gilbertsville, PA
3
Votes |
25
Posts
Ariel Deleon
  • Investor
  • Gilbertsville, PA
Replied

Hi Jeff,

I'm very local to you in Gilbertsville. I'm pretty new myself, currently in the process of my first flip in Reading.

I'm part of the Berks County Real Estate Investing group which has its next networking meet up this Wednesday.

PM me for the link as apparently I can't "advertise" it here even though I'm a PRO member.

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