For most people, their home is the single largest investment they will make. Some people take the concept of real estate as an investment to the next level. They buy property, and either fix it up and sell it again, or rent it out for an income stream. If you want to use real estate as an investment, you'll be best off if you're able to make improvements to the property yourself or at a very reasonable cost (if you have a brother-in-law who's a plasterer, for example). You'll also need to decide if you're cut out to be a landlord, knowing that you'll get the call about the broken water heater at 5:00 a.m.
I am the buyer. Closing on the 25th. Seller wants to stay in house for three days *after* closing. How can I *best* limit my liabilities if someone were to get hurt , brak something ? etc... Is there a legal form online I can download/print ?
|Sheri Ann Richerson|