If you’re considering buying a rental property, the experts at Contenza Properties hope the following resources can help new investors as they contemplate a property-owning journey.
If you have not begun the process of looking at your finances, now is the time to do that. Here are some money matters to think about before you call the bank.
Getting Your Rental Property Biz Started
It’s a good idea to set up a business entity for your rental property business. Once you’ve established your company (most landlords opt for a limited liability company, or LLC), learn about your business responsibilities and find your ideal property.
From insurance to home inspections and property management, these resources can ensure you are making a smart choice and that you are protected.
DIY and Professional Services
Sometimes it makes sense to upgrade a property before you open it to tenants or guests. But where, exactly, should you spend your money?
When you’re looking to invest in real estate, it pays to do your research and have an informed plan of action.
But make sure to bookmark the above information so that you have it at your fingertips when the time comes.
And when you’re ready to sell your investment property for a profit, make sure to connect with the team at Contenza Properties! (510) 560-6800