Apartment owner/land lords

[WaterLeaf 200]

Anyone here own apartments/is a landlord? What are all the process you get through to get started and thru finish? Do different state vary?

[TBoneTX 45,288]

Please clarify:  Are you seeking to acquire a property and lease it to tenants?

If so, many headaches (initial, and ongoing) are involved.

Search the web for "standard residential lease contracts" in your state/county/city.

Talk with real estate agents.

 

If the above isn't what you're asking about, please specify what you want to know.

[WaterLeaf 200]

Yes that. I'm wanting to know what are the requirements.

[TBoneTX 45,288]

Google will be your friend.

In addition, talk to a couple of real estate agents.

[WaterLeaf 200]

I know Google, and every time I make a post about this or whatever, everyone is telling me to Google. This frustrate me to no ends. Just doing a google isn't going to help me jump start into action when I can get misinformation and apply it and get sued just because I had no personal help. Google isn't for everything in that case.

 

I'm asking for people on this forum as if there are any landlord out there, to share some info.

[millefleur 5,046]

19 minutes ago, WaterLeaf said:

I'm asking for people on this forum as if there are any landlord out there, to share some info.

Since we're mainly an immigration site, we might not attract a ton of landlords who are active users. Maybe there's another forum out there which suits your needs better? Reddit perhaps? https://www.reddit.com/r/Landlord/

 

The other issue is, it's going to be a bit different from state to state...so it's a bit hard to give advice which might be different from what someone in another state experiences. Talking to someone at a local bank/investment advisor or a real estate agent in your state can help.

[Adventine 3,196]

A real estate forum would be a better resource for you: Forums | Real Estate Investing Discussions | BiggerPockets 

 

I'm a longtime member of a personal finance forum and, whenever someone has real estate related questions, have seen many recommendations for Bigger Pockets.

Edited January 26, 2021 by Adventine

[Ed&Midori1031 330]

I'm trying to get into real estate myself.  I like the idea of having my own property, instead of paying rent to someone else.  I just think it's the initial start that's holding me back.  

[millefleur 5,046]

4 hours ago, Ed&Midori1031 said:

I'm trying to get into real estate myself.  I like the idea of having my own property, instead of paying rent to someone else.  I just think it's the initial start that's holding me back.  

Some cities/states have "First Time Home Buyer" programs, might be worth looking into in your area.

[Ed&Midori1031 330]

27 minutes ago, millefleur said:

Some cities/states have "First Time Home Buyer" programs, might be worth looking into in your area.

I will definitely look into that.  Thank you.  Of course with me being military and moving at least every 2-3 years it does make it a little difficult.