I want to acquire my first property and become a landlord before I'm 30 years old.

Additionally, the fact that we acquired the land next door which gave us a huge backyard (around 5/8 acre) was something we couldn't resist.

In addition, if you are self-employed with no full-time employees you may wish to consider opening a Solo 401k instead of a self-directed IRA as it has several advantages over an IRA LLC such as much higher contribution limits, direct checkbook control (i.e. no need to have the account at a specialty trust company), ability to take a 401k loan, exclusion from unrelated debt finance income tax with respect to investment in real estate acquired with non-recourse financing, etc.In addition, please note if you purchase debt-financed real estate with your IRA, unrelated debt finance income tax should apply to the income attributable to debt-financed real estate held by your IRA.

If I had to guess, I think we'll see revenues and occupancy dip slightly over the next 3-6 months, but again, that's just a guess.However, there is still an opportunity to acquire self storage facilities, especially with the low interest rate environment we're seeing.

Connecting with a closing attorney to acquire and organize all the legal documents associated with either route discussed in step 3Are these the correct initial steps that I should engage in to get started and gain foundational, learning experiences since I am brand new to the industry and have limited capital to work with?

On that note, this could be a great opportunity for buy-and-hold investors to capitalize on low rates and panic sales to acquire residential properties in military towns.

That money is also amortized, but sometimes the maximum length of the loan is 20 or 25 years, but sometimes 30 year loans are available.If you're just trying to acquire a property, fix it up and then sell it quickly, it's a fix and flip. 

If you are wanting to eventually BRRRR you will want use Hard Money Loans to acquire the property. 

Established Rochester, NY developer, builder and manager is looking to acquire or partner with an existing property management company.

I am about to hire a GC to take over so I can focus on acquiring more properties.