Very New to investing - some info required !!!
Hello All ,
Firstly , Happy new year to you all ..
Very New to investing so have some basic questions and they may be silly but would like some inputs from you all so I get into investing in 2019
- When investing out of state - Is it better to get loan against the property from the lenders based in the state or it doesn’t really matter one just requires a pre-approved loan.
- People who have more than 2 properties have you opened a company to charge your expenses? And what type of company you recommend for rental property business?
- Being out of state one will require
- -A decent realtor who supports during the buying process.
- -How you manage your properties if being out of state? do you hire a property management company?
- -What is the norm for management company – they charge 10% every month on rent?
- -Do these management company also help if tenant is not paying rent for evictions, etc.
- -I suppose home insurance has to be state owned?
- -Anything I missed.
Thanks in advance for your help.