If you haven't already done so, you should read Gary Keller's "The Millionaire Real Estate Investor" and Gary Eldred's "Investing in Real Estate" They thoroughly explain that and many other REI concepts in detail.Good luck and let me know if there's anything I could do to help out.

The concept of a Business Deposit Card, while not necessarily targeted to our kind of business, is ideally suited for rent collection.

You could also look at the paperwork for the purchase closing and go back to the lawyer who handled it.You probably have a simpler situation if it was a single member LLC but the situation could become complicated by a multi-member LLC or any changes in legal status (marriage/divorce) of the member even for a single member LLC.

I will estimate about 2000 dollars for this.I wasn't familiar with the cap rate concept but now i get it.I am going to ask seller about the lease option you suggested, my other strategy will be to put less money down, no more than 13,000The rent for this property is also about 150 dollars below market value.

Check to rules.Finally, this is old school, but still allowed and could be a good concept to try.

I am sorry if I mis-stated any of the terms or concepts.

They are designed for those with their RE license, but after learning concepts all over this site, you'd get the lingo with no problem.If you go looking for an investor to mentor under, it would be a good idea to bring something to the table like cash to invest or deals to work together.

Open concept layouts with minimal to no carpet allow for better are circulation and are a natural fit for ductless systems.

To that degree, the broker may be dealing with concepts that he/she is not truly familiar with.

She can put it in her children's names (there are three of us), but we haven't taken the steps to do so just yet as we are unsure of how to do it in the best way.I am interested in the concept laid out in this post and am wondering if there is a way for me, as a new investor looking for my first property, to work out some deal that helps my mom's situation as well.