Originally posted by Joseph K.:1) What are some things I could do to prepare myself in order to hit the ground running?

Hi all,How do you withdraw the money in your current employer's 401(k)?

Depending on the place being a new landlord isn't a passive activity at all.True you might be getting 1% or less in a CD or bank account now and you don't get depreciation like with real estate but you can easily beat those numbers.If you have a few hundred k or more I would say triple net it a great route as you can hit a 6% to 10% cap and not do anything but collect a check.

Rob Kthat dude & rob k partner up to do a flip. they get in an argument by the pool & a shoving match occurs. scott winds up in the pool, can't swim, & the Michigan man won't save him cuz he wants to have his own show.

Originally posted by Jon K.

Originally posted by Kurt K.:... currently have an offer in a 6-unit multi-family house.

From RealPage 10-K page 14, they say "The principal competitive factors in our industry include total cost of ownership, level of integration with property management systems, ease of implementation, product functionality and scope, performance, security, scalability and reliability of service, brand and reputation, sales and marketing capabilities and financial resources of the provider.

I would want that debt service as low as possible even if I had to put a few k down versus a bad owner finance note structure that leaves me with a high payment every month.See if he will go 99,000 and 4% on the note P and I.

Originally posted by Arjun K.

Sounds like your agent want to CYA, understandably, since any deficiency that might be seen and is not disclosed, you can hold them responsible, a final walk through protects the agent from last minute issues as it's your decission to buy.