Real estate investors do NOT talk enough about what needs to happen to be fully prepared for closings on rental properties (on the purchasing side). Some closings go smoothly; others can be disastrous.
The more prepared and organized you are, the better closings will go. (Added bonus: you’ll avoid running around like a crazy person the day of!)
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Getting Ready to Close? Watch This.
In today’s video, I discuss how to prepare to buy a rental property. Be sure to sort out the following prior to closing:
- Title and Legal
As always, let’s get some discussion going!
What did I miss? What do you think is imperative to include in a “preparation list” for buying a rental property?
Thanks for watching and commenting!