Posted by Ronald * Starr(in No CA) on January 12, 2002 at 22:55:32:
You probably need to study up more on real estate investing before you actually lay out money and start buying.
For one thing, I have heard several attorneys say that owning long-term rental properties in corporations is probably the wrong thing to do. You might want to study this issue.
Also, you do not mention your goal. If it is to have properties with positive rental cash flow, you may find that it is not possible to do that where you live. Could you consider investing in areas where the price/rent ratios are better?
Now, I’m sorry I have not answered the question you asked. However, I am worried that you have other questions that you should be asking and have not. I have tried to answer a couple of those unasked questions.
Good InvestingRon Starr*****