Good luck on the new property!

How did you finance this deal?

You are buying 1 property in a local neighborhood.

I'm particularly passionate about eventually having multi family properties Outside of real estate, I enjoy traveling to new places, new restaurants, and hanging with my Doodle. :) Excited to learn and connect with you all!

Hello @Michael Dallas,To verify the seller’s information, ensure you request these essential documents:Rent Roll (to confirm rental income and occupancy)Lease Agreements (to review tenant terms)Financial Statements (past 1-2 years, including income and expenses)Property Tax StatementsUtility Bills (if applicable)Maintenance Records and recent CAPEX reportsInsurance Policy DetailsInspection Reports (any recent or previous reports)These will help you confirm the property’s income, expenses, and condition.

I rented a property to a tenant 6 months ago that was squeaky clean according to RentSpree.

Total property value is 5 mill.Loan term is ending May 2026.

I'd like to connect with someone who knows the local market as this is where I would prefer the property to be at since it is close to me.

Are you sure you are not just doing replacement therapy and you really should be buying a property? 

@Jordyn GeggIf you mean like property manage then you would need to get licensed and insured for each property since this new LLC does not own themI would not take on the Burden or expense of setting up another LLC for something like this since it doesn’t gain you anythibg