Paying a qualified attorney to get this setup properly would likely wipe out all of your profit from your first rental.

It can be your first stop and last stop of the day.RECORD KEEPING: Always make sure you keep minutes of the incorporation meeting (decide on business entity and set up by-laws), shareholders meetings at least annually and give proper notices.

I'm working to develop a stable, and passive income through real estate.

Class D,F should be all electric to minimize fire risks (leaving stove on etc) a Class A properly might expect a gas stove.

Others might be fine with taking risk, but least by doing this a person can get an idea of what might go wrong.e) Legal document analysis: it will usually take a few days to go through the legal document properly, as almost inevitably there are tons of gotchas that either have to be explained, or mitigated with a side letter.That is the very short summary of what I do.

Hello all,

I am starting my real estate investing journey and have capital, some knowledge and a lot of drive. I am however having trouble finding information on markets around my area. I live just outside Detroit a...

Not sure if this is the proper category so please forgive me if so.Does anyone on BP use Wave Financial accounting app to track their rehab projects? 

@Jim Larsen @Tyler Mullen A Quit Claim Deed changes Title from one party to another, or more properly, (but an often missed point) is that a Quit Claim Deed says that the party signing the Quit Claim Deed is giving up all rights they MAY have had for a property .

I would suggest getting just one agent if you can in Texas and develop a relationship so they take care of you and when your ready to deal they will be too. 

Short REITs such as avalon that have large exposure to markets such as SF Seattle and NYC where rents went up so high to drive people to purchase but developers kept permittingNote analysis does not apply to sfh and non top 10 metro.