Thinking about investing in real estate? Here are a few things to remember before you begin:
Never pay cash for a property. You must diversify just like stocks and mutal funds.
Get with a loan officer to see what are the requirements for you to purchase and how much you can borrow.
Create a formula and do not deviate from it.
Have 6 months of PITI or rental payments sitting on the sidelines for emergencies
Understand the laws being a Landlord.
Understand tenant rights.
Understand Texas Property Code.
If you are not around who will handle repairs or questions?
Use strong lease agreements that will uphold in court.
or hire Premiere Team Management and leave everything to us.
Published on 2018-11-27 16:41:55