Markets everywhere are drawing in the inexperienced investor.

I have already spent a considerable amount of time reading the blogs and listening to the podcasts, BP is exactly what I want/need as a beginner investor.

It is best to have an attorney draw up a JV agreement to put in writing each party's responsibilities and rights.

Many times posters put one word in the subject line, or it's so generic that it draws no interest.

I paid my sellers consideration amounts and arranged for mobile notaries to go them at their convenience.

I have also done a little private lending, though not related to RE.My main goal at present is to educate myself across the board so that I might better identify future opportunities, or refocus current holdings.Without getting too far into the details of the various considerations, these are some toplines:1.

My thoughts are you are if you can put a bedroom in the basement at a good cost that will increase your value but putting a master with bath may not be a big draw over just a bedroom with a lot of cost increase.

@Josh PrinceIf the agent is really the end-buyer, I would push back on paying him a commission, but otherwise give the deal serious consideration.

Call around and ask what docs would be needed in your state and what services they will provide.One of my private lenders uses his attorneys to draw up the promissory note.

@Bradley White,I think you can draw up a NCND just as good as a lawyer.Joe Gore