I’m preparing for my retirement by becoming an a real estate investor.

@Kenny BanuelosIn high school, focus on preparation before buying a property.

However, it’s important to price competitively and be prepared for buyers to request concessions.

The absolute BEST (and most expensive solution) is a highly qualified attorney who’s a specialist in estates, because they will provide the optimum documentation, legal thinking, and specialized situation for every client.  

.), the location, depth, and capacity of utilities to service the site - including public utilities (sanitary, storm and water services), franchised utilities (power, gas, cable), capacity of the local streets to accommodate additional traffic from your development...Be sure to find out if there are any specific local ordinances you need to satisfy (possible tree & wetland surveys, together with any necessary tree & landscape or wetland mitigation plans) and whether there are any concerns from municipal departments (e.g. hydrant locations from the fire department, storm inlet and retention requirements, as well as asphalt / concrete road requirements from the engineer), entrance requirements from the road commission (left turn and passing lanes at the site entrance), etc.Once you get past all this you can finally prepare a preliminary site plan and enter the political arena to get preliminary site plan approval, and to address any concessions the board and neighbors want from you to overcome their objections to your development.

Commercial loans often have different terms, such as higher down payments and shorter loan periods, compared to conventional loans.Here are some steps you can take:- **Consult with a Commercial Lender**: Talk to lenders who specialize in commercial real estate loans.

Financing OptionsLeverage DSCR Loans: Consider working with lenders who specialize in DSCR loans for foreign investors.

This doesn’t necessarily make it a bad investment, but you should be prepared for the challenges that can come with managing properties in this type of area.

This effectively intercepts a negative review before it happens, allowing you to identify if something can truly be done to bridge the experience gap.Some guests just want to feel extra special or important, and the best you can do is smooth things over and move on to the next.

If you have family or friends in the affected regions, urge them to prepare and stay safe.