Even if you have a decent background in construction, a good inspector can advise you of age and region specific issues you may need to keep an eye on.An inspector could also help you avoid a catastrophe.Good luck.

I'd suggest you stay away from requiring significant maintenance issues be accomplished by a tenant, this aspect can touch on tax matters.#3.

Check out the many blogs and podcasts for creativity and experienced input as well as tried and true techniques in various aspects of REI.

I feel the important issue is to get the home sold as quickly as possible, to avoid carrying costs.

Hi all, as requested by Josh and Brandon in the past few podcasts, I have decided to enter the forums to become more active in all aspects of real estate investing.

All kinds of agreements can be reached in RE related areas as well.We also kick around many legal aspects of RE in the forums, financing issues, landlord-tenant law, title issues and other things that can get you in trouble if you're ill advised.Most in RE that I see on BP are new, I'd have to say getting legal advice in forums is a big mistake, while we may have seasoned investors who have been doing things for years, we all fail to keep in mind at times that all RE is local.Most seek advice as they seem to think they can't afford an attorney.

Plus if they're really successful you'll understand the business aspect of it from a successful agent.

I also think you should sell but you will want to avoid paying a significant tax bill.

One of my favourites is the second podcast, discussing subject to's, direct mail, and unique aspects of being a woman investing in real estate.

I understand that many people from the Lower Mainland are avoiding the area and instead investing in US cities.