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Updated almost 6 years ago,

User Stats

83
Posts
17
Votes
Cody Jensen
  • Colonia, NJ
17
Votes |
83
Posts

Purchasing My First Rental FINALLY ! I Need Help From You All !

Cody Jensen
  • Colonia, NJ
Posted

Hi everyone,

I just had an offer get accepted on a duplex! I'm super nervous and I'm trying to do everything right the first time. Here are my thoughts;

1.) Purchase duplex using my LLC

2) Get insurance

3) Open new bank account for collection of rents.

4) Home inspection?

4) .... I have no idea what's next.

I'm looking to start cash flowing with this deal around 3.5 years. 

What are your thoughts? 

Thank you ! 

CJ

What would you do in my

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