If you're just holding a single property, many start with online services like LegalZoom or IncFile, which are affordable and user-friendly.

Don't use carpet in any rental property. 

Lake Property?

In what areas would you recommend I buy my first rental property?

Hello everyone, I inherited a piece of property in Berkeley CA from my grandmother a few years back.

I recently started working in the private hard money area of Real Estate.Currently I work with a hard money lender based out of LA and we focus on mortgages, commercial, and anything business purpose related.

Not only did he gain valuable insights, but he also connected with a mentor who helped him snag his first investment property in Phoenix.So, I'd say jump in now rather than later.

:) Its generally a good idea to know the condition of a property or level of expected repairs so you can anticipate those repairs and build them into your bid for the property.

These tools help you keep an eye on the property remotely.

I'm learning a lot on here and I look forward to getting some rental/investment property in the future.