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Investing in Real Estate is a Business.



Investing in Real Estate property as a rental has just as many risks in it as any business



When you brought your current home.

There were several steps or things that you did for your protection

You engaged the services of the following professionals,

1. A Real Estate Agent

2. A Mortgage broker or banker

3. A Home inspector

4. An Appraiser

5. Engaged the services of a Title Company

Each of these professional services were there to protect your interests, IE Your Money

Think of this group as your team. Looking out for your best interest giving you insight to each of their different areas of expertise to reduce some of the risks in buying a home.

Investing in Real Estate is a lot like a business

The basic steps. in buying an investment property is the same as when you bought your home.

But now instead of being a homeowner, you have more roles to assume

First and foremost, before you even purchase a property set yourself up as a business.

The basic LLC "Limited Liability Company" is a start when you start investing. This opens the door to many benefits

There are several parts that need to be put together. along with a order which the parts come together.