We live in NYC, but will start acquiring property in the south so does the taxes work where business is located or location of business?

In our newly acquired 4-unit building, one of the tenants smelled gas and called the gas company.

Just because they want 85k doesnt mean they have to get 85k.Life happens to people but if you acquire this property with no equity in it your setting yourself up for some hurt down the road.You need multiple exit strategies if things go south.

From past experience I have found that onceyou show ownership via owner contract, it is much easier to acquire financing througha lending institution.

You can also set key word alerts to keep up on topics of interest or on certain locations.With your background I would look hard at properties that are in need of fixing up, that you can acquire cheap then fix up and rent for high cash flow.

The only way to conquer that fear is by acquiring the right knowledge and putting in the work.

If you buy it as a land trust, you might be able to simply transfer ownership of the property within the land trust to acquire a mortgage on it.

If I keep the loan can I use the 15k to acquire a property that pays $300/month?

The lender has no redemption rights, unless otherwise acquired.

Hi guys, I've got a question for all you seasoned investors, what are some typical repairs that a property may need once an investor acquires it?