Finally entered the ranks of Real Estate Investors officially with the close of our first REI deal.

So a seller sent me over a short word document that states the supposedly expenses and income from the property is states that there is income being produced from the property wanted to know if I should get official papers or go see the property first or what

There'll be an announcement on the forums once we have everything in order.Good luck.Randy

An alternative solution would be ordering the empty CISS(continuous ink supply system) and filling it with official Epson ink, that they now sell in bulk for their (overpriced) printers that have built in ink tanks.https://www.amazon.com/gp/product/B00X474FS/ref=oh_aui_detailpage_o03_s00?

And at the same time, we are now proud to announce that we are providing Nationwide Seller Financing processing services which means that a licensed MLO in your state can work with us and thus have access to our forms in your transactions in every state to maximize Dodd-Frank compliance and salability of the note that is created.As well, as our approved MLO list is being built, we are offering to approve up to 10 MLO

So, I'll commence to narrow and compile my official choices so I can make my selection.  

Property was listed and sold as SFR (Single Family Residency) home with no official documents reflecting otherwise.

We officially filed our articles of organization and have been accepted as an Arizona LLC!

Proud to announce we purchased our first multi-family home (triplex):-Purchase price: $320,000-Needs some improvements in each unit (kitchen, bathroom cosmetic modernization) likely to be in the neighbourhood of $20,000 total-Estimated rental income: $3150-Estimated expenses: $2259 (this is a very safe estimate)-Cash flow = $1090-Meets the 1% rule and well above 50% ruleFeeling a little anxious (given it is our first deal) but very positive about the breakdown of the deal.

I'm looking at listings in the Raleigh, NC area.I'll look at a listing and then I'll go to try to figure out the expenses.I'm trying to understand how to work out the taxes.Some listings on Realtor.com just tell you what the tax is, which is fine.But some say no tax info available.So then I looked at this official page here.