It seems like it at first appearance seeing how ill be making over 2K a month but do Multi family appreciate as much as a single family home would?

The person at the real estate board told me it is never a good idea to have a single agent as your manager, that a company is best as even the best individuals can have illness or emergencies and leave you hanging, which is what happened to me.

She can always name the worst case scenario........Me "I feel a little ill today"Mom "I hope your gall bladder is not failing"Me "??"

1. from what ive seen its standard each party pays their own closing cost. seller pays their attorney and transfer tax. buyer pays for their attorney and title search. attorneys usually run me between 800-1500 depending on scope of contract and riders. ive negotiated to pay sellers closing cost but only in instances where they have agreed to accept a much lower purchase price i.e. ill pay for your attorney up to 1500 if they take 10-15k off asking. many sellers arent familiar with attorney costs or dont want any money taken out of their proceeds from the sale.2. sellers attorney typically writes up the initial contract and then send it to your attorney for review. ensure you are in the same page in regards contract specifics such as tenancy, earnest money deposit, assignment clause, etc as any miscommunication can result in delays in closing since attorneys typically arent in a rush when they have many other clients.In addition, i would find a reliable title company in your area. and by reliable i mean can get title searches done in a reasonable amount of time ie 2-4 weeks. depending on area i can recommend an attorney. im in hudson valley area so if this is your market pm me.

Feel free to private message me if you want and Ill share my experience and cards. 

Or if you really want other suggestions just PM me ill assist.

Also thanks for the contact ill definitely reach out to Melvin List and see if we can sit and he has to offer and thanks for the reply!

Ill try to tag you in the thread for the meetup, and if Shaun needs any good audiobook recommendations tell him to get ahold of me, I've listened to a ton lol

Does raising the rent mean raise the deposit , in the middle of re structuring a lease, and ill be raising the rent, does this mean tenants will would need to pay additional money for to bring the deposit to equal the montlhy rent ? 

Ok, Ill Pm you.