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Updated about 6 years ago,

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6
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Vishal Narula
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6
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Very New to investing - some info required !!!

Vishal Narula
Posted

Hello All ,

Firstly , Happy new year to you all ..

Very New to investing so have some basic questions and they may be silly but would like some inputs from you all so I get into investing in 2019

  • When investing out of state - Is it better to get loan against the property from the lenders based in the state or it doesn’t really matter one just requires a pre-approved loan.
  • People who have more than 2 properties have you opened a company to charge your expenses? And what type of company you recommend for rental property business?
  • Being out of state one will require
  • -A decent realtor who supports during the buying process.
  • -How you manage your properties if being out of state? do you hire a property management company?
  • -What is the norm for management company – they charge 10% every month on rent?
  • -Do these management company also help if tenant is not paying rent for evictions, etc.
  • -I suppose home insurance has to be state owned?
  • -Anything I missed.

Thanks in advance for your help.

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