So, the sales contract should specify any inspections etc you want to do, including reviewing a copy of the lease and also getting estoppel forms signed so that you know what the current rental situation is in detail and that the tenant is attesting to that so there are no disputes later.

While the former presents a classic investment opportunity, the latter has caught my eye for its unique and potentially lucrative approach.As someone relatively new to this field, I'm aware that there might be aspects I haven't considered or opportunities I'm overlooking.

My initial thought would be to evaluate it like a hotel, which is usually evaluated with a payback period, but in a hotel deal the investment usually includes the land and buildings, which have significant value on exiting. 

Now that those things have happened to you, when you are walking properties you should go see if those issues are present on future deals.For example, I got burned on a retaining wall issue.

The seminars were good for inspiration, even when I took the inspiration too far.A year after starting Auben Homes, I announced my goals to my team, including the creation of an international office.

Charlotte is experiencing a tremendous amount of growth, including all of the surrounding cities.

It also makes it so you can truly key the whole unit with one key, including things like sliding patio doors.

You still need to send 1099s to all DBAs, LLCs, and partnerships.Commissions and fees paid at closing to licensed realtors and mortgage brokersPayments for purchasing all kinds of goods, materials, and property, including real estate itselfRepayments of loansI do not have my contractors’ SSNs – what do I do?

The property underwent a full gut renovation, including the addition of a full-sized second floor and a finished basement.

This includes down payments, negative cash flow, repairs, using your cash to pay down the mortgage.