For now though my dad and I were talking about him getting a property in Miami that I could manage with him and for a cut and for some first experience.

It's costly, time consuming to try to get the smell out.Good luckGino

You need to account for Permitting Cost, Construction cost, Financing cost, Insurance costs (Builders risk & General liability), Holding costs, Selling costs, and contingencies for cost overruns.Any specific questions don't hesitate to reach out.

This can help you manage your tax bills better.Professional Image: Running your investments through an LLC can make you look more professional to lenders, partners, and tenants.

Hey Amanda, In this case, you can likely deduct the cost of cleaning the oil stains from the security deposit.

By investing in social media management, I was able to increase my reach and influence, attracting more possible investors and prospects.To summarize, using social media has been an effective instrument in my real estate investment path.

Professional property managers are often licensed real estate brokers who specialize in acting as the filter for you for the number items, which are not only costly but a headache.

Consult a Realtor, contractor, property manager, or lender, and then request referrals for the remaining three.

Has anyone had experience with this issue and know a way to get a good insurance policy that doesn't cost an arm and a leg? 

The property sold (to me) at the upset sale for $17,000 The Taxes and costs due to the county were about $5,000 leaving funds to payoff the $7,000 lein on the prior owner.