So I’m still researching and reading about REI (currently reading The ABCs of Real Estate Investing) and I realized I don’t understand how hiring a lawyer or account works.What exactly would I be asking them for and how would I be charged for their services?

-Settlement Fee: $595-795 depending which title company you hire to close the transaction-Owner's Title Insurance Policy: Roughly 0.2-0.3% of the purchase price-Recording Fees and other Misc: Another couple hundred dollarsFees that will only be present if you are using a mortgage to purchase the property:-Origination Fee: Varies and is typically represented as a percentage of the loan amount-Lender's title insurance: Another roughly 0.2% of the loan amount-Appraisal: $500-650-Misc Junk Fees: Processing, credit report, flood cert, etc etc etc: A few hundred to a thousand dollars depending on the mortgage companyCosts that are not fees but still need to be settled at closing:-Prepaid interest (if there's a mortgage)-First year insurance premium-Impounds to set up tax and insurance escrow accounts (if there's a mortgage that escrows T&I): A few month's worth of each-Prorated taxes, water, sewer-Heating fuel remaining in tanksWelcome to New Hampshire, and happy investing,Troy

The first line of the Legislative Counsel's Digest includes the following: Existing law specifies that a hiring of residential real property, for a term not specified by the parties, is deemed to be renewed at the end of the term implied by law unless one of the parties gives written notice to the other of that party’s intention to terminate. 

The first line of the Legislative Counsel's Digest includes the following: Existing law specifies that a hiring of residential real property, for a term not specified by the parties, is deemed to be renewed at the end of the term implied by law unless one of the parties gives written notice to the other of that party’s intention to terminate. 

Hi all,Recently I posted about a property manager I hired, who came to me through a recommendation, whose first tenants placed were the worst I’ve ever had in 20+ years of renting properties. 

I am considering hiring a home appraiser, would it be worth it or is this just a deal to totally skip?

Just be careful who you hire as a contractor.

I would strongly suggest investing out of state and aiming for cash flow, and hiring property managers to be pretty hands off on your investments. 

I've made a decent amount of money between my job and the Air National Guard. 

Make sure the CPA you hire is experienced in cross border tax planning and working with international investors.