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My parents are looking at building a six to eight unit property as a way to boost income for retirement. They'll be living in one unit, my older brother will live in another unit and assist them, and they'll rent out the rest. Aside from Landlording and various forums mentioned here, does anyone have any suggestions on books to read or other places to go?
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Sep 5, 2013 06:40
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They've identified the general vicinity where they want the property, but they do not have the land yet. They also aren't wedded to the notion of new construction: if the right building to be renovated opens up, they'll go with it instead. The down payment's all lined up and we're pulling together the business plan next week. In addition, other recommended steps like establishing a trust are being prepared. Are there any other resources I should look at, aside from the planning and development agency locally? Must Love Dogs fucked around with this message at 22:33 on Sep 5, 2013 |
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Sep 5, 2013 22:30
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Yeah that's definitely a great suggestion, one I'll be taking. I've already tracked down the phone number and will be giving them a call beginning of next week. Will let everyone know how it goes.
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Sep 6, 2013 03:08
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