NEWBIE w/LOTS of Questions...

[Nita Martin]

Hey All,

My husband and I are Newbies to the RE Investment world, and we have lots of questions that we know you all can answer :)

1. We are in the process of closing on an unoccupied 4-plex with an occupied apartment in back.  We are considering offering the spaces with all utilities, cable, and internet included.  Is this a good idea?
2. What is the best way to get tenants?  Are there any websites, etc. that you all feel work better than others.
3. The property is approximately 2 hours away in our hometown where several close family members still reside.  Should we hire a PM?  If so, what is a decent percentage for this service?  The previous PM/current realtor charges 12%.
4. How are taxes filed as the property will be listed under our LLC.

I think that's all...for now anyway :)

Thanks!!

[Caleb Heimsoth]

@Nita Martin. Don’t offer utilities to tenants that’s a bad idea.