Too often people are so excited that they have found ANY property and that they can afford it these days that they don't take the time to consider everything you have stated in your article.One big newbie mistake and you can ruin your landlording future for the rest of your life.The only thing I would tack on to the end of your article (if you don't mind me saying so) is to make sure AFTER you have selected a great property and are ready to rent it, that you have someone that REALLY knows what they are doing to mentor you through the actual rental process... making sure all of your docs: application forms, lease agreements are legal for the state their property is in and not inadvertently violating HUD laws.

Does anyone know what the law is regarding giving notice to a tentant in CA?

I've been cheap my whole life, I never buy a book if the library has it, I study accounting, law, construction, remodeling and other subjects of interest.

Every State has Laws, regulations, and statutes regarding Tax Certificates & Deeds Investing and they change regularly so do check your county and state Laws, regulations, and statutes before investing.Questions you should ask the Tax Authority1.

To be a success in real estate you need to:Dream your dreamPut your dream down on paperSet up a business plan around your dreamSet up short and long term goals around your dreamJoin a Real Estate Investing ClubResearch and Study postings at real estate investing forumsSearch out real estate investing books at your local library and study themSearch out used bookstores for real estate investing booksSearch out the laws in your state to determine what you can and can't do as an investorOnce you have completed the above you are now ready to take your dream to the next level.Search out two or three real estate investing strategies you want to use that fall into the 9 steps I've listed above.Now you need to take some courses and or seminars on your strategy of choice!

This book is outstanding- especially if you're new to the metaphysical laws of wealth attraction (and wealth inhibition).

As far as I understand LLC's in Canada only exist for companies that cannot be protected from liability under corporate law: i.e. doctors or accountants.

That's why the laws and rules are so tough on licensed agents.

., etc.2 choices: Find another agent that isn't the idiot you dislike, or you wouldn't care it's with an agent.or:Get licensed, hang your license somewhere, and get access to the MLS yourself.Unfortunately, the real estate laws are what they are in each state.

Charles,I'm not planning on putting anything illegal in the contracts but I just want to make sure I don't include something that the law disallows.