Cash offers lower costs and control but limits diversification and potential returns while financing allows you to scale faster with more properties, but increases complexity and risk.

Hi Ly Ma,I have lived in Reno for over 20 years and have seen many changes over the years here and with all of the industry like TESLA moving in here hopefully some good real estate potential.

While I'm still recovering from my injuries and learning to walk again, I refuse to let these obstacles hold me back.One area where I see potential is in real estate.

I have some practice in finding deals but until now I have not had the confidence in myself to execute.

An investor friendly agent can do all sorts of helpful things, like setting you up with a search for properties or connecting you with folks who have recently done deals like the ones you want to do. 6) Consider analyzing a deal or two in your local market, just for practice, with a free use of our Rental Property Calculator (or other calculators).

And that's not a sarcastic question, possible answers include but are not limited to...If management/ownership has been lazy and there's a lot of vacancy or below market units, that you can rent out and/or bring up to current market, then maybe you offer a little bit more for that upside potential. 

I know I'm prepared to handle a potential bad tenant situation, so if a seller will pay me (price reduction) to take on that work/risk, then that is gravy for me. 2.

So, if you're discussing business matters with your property manager or realtor during a meal, those expenses could potentially be deductible.Be mindful of distinguishing between personal and business expenses.

He runs a best practice group for property managers in Chicago, and he is one of the best-connected guys in the area.

It is my understanding that if you enter into the lease knowing of the foreclosure and placing a tenant anyway, then the lease is essentially deemed invalid as you and the tenant knew that it was a matter of time before they were evicted.Also there is an assignment of rents in residential mortgages as well, and doing this may open you up to a lawsuit by the mortgage holder since you essentially stole potential rent from them.And finally if the plan is actually to buy an HOA lien and wait until a foreclosure, I think that falls under unethical practices and would never do that, or encourage anyone else to either.