In process of first rental buy....HELP LOL
I recently won a bid on my first rental property.
Asking was 37000
Won bid on 34000
Appraised for 55k
Single family 4 bed 1.5 bath 1200 sq
In subdivision of rental area.
Located in Webb,al. 15 mins from Dothan, Al.
House is walking distance to dollar general and major steel factory. Good subdivision
Newer roof, no major repairs needed
Section 8 will pay 800 a month min.
I decided to put in business name llc. It delayed process. Closing is in a couple weeks.
HELP LOL.
I have been watching bigger pockets for 2 months and decided to jump in. And other investor podcasts and all. Rich dad poopr dad saved my future from rat race. Any and all advice needed