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All Forum Posts by: Luis Lopez

Luis Lopez has started 2 posts and replied 5 times.

@John T 

Get a property manager for my 1st and only property? 

Maybe I kind of wanted to see if could work this all out. But at the same time I really don't want to jack things up.

I know bigger pockets has leases and apartments.com has lease. 

 I guess I will figure this all out. Thank you for your advice.

@Nathan G. Thanks a bunch. I am very grateful for your advice. Time to grind. I close on Thursday.

Hello Team, God bless!

I close this week on my first duplex. I have one side rented out and the other is vacant and needs some love.

What are the proper steps to getting it rented out?

What do I use to advertise?

Who do I contact for a proper lease agreement?

Do I need a lawyer?

Should I turn it into an LLC?

I was always scared to pull the trigger and now that I have I'm so nervous that it's actually happening.

Thank you so much.

L.Lopez

@Chris Seveney Thank you. Subject to sounds familiar. I'll look into it more. Much appreciated

I have 11 years and 7 months of paying my mortgage till I am done. I pay $450. I was thinking I could rent to own/ owner finance the property for 12 yrs with tenant which is my mom's cousin pay me $650. And at the end of the agreement sign the deed over to them. They would be responsible for all maintenance and up keep. I would be out of the picture minus making the mortgage payment. Is this doable and legal. Is it worth doing?