In Rhode Island, do I need to take any special classes to buy rental property?

Question

I own a single family home now, and am considering purchasing the 3-family home next door.

Answer 1

There are no Mandatory classes that I know of. However, there are several books out there on how to effectively be a landlord and the pitfalls to try and avoid.

I live in Massachusetts, and I've read this site a couple times ( http://www.gis.net/~groucho/landlord.html ), lots of good information, but Rhode Island may be a little different and you may want to search for something specific for your area.

I don't know if I'd want to own the property RIGHT next door though...

Answer 2

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Answer 3

hi making an investment on stocks are good ideas notwithstanding you shoud go with the right type of stocks which ull make investments with. notwithstanding it includes a very extreme probability. in handling stocks maximum are the better the prospect the better the go back notwithstanding it doesnt advise that you're going to continually get a go back. there are situations youll journey loss cos values of stocks fluctuates. even as in case you'll make investments in a condo belongings, it will be a valuable one too cos you'll have a passive earnings which will visit you for thus long as you'll have someone to employ it. plus you should concider a good and valuable position that people will opt to stay with so that they are going to lease your position. you should imagine of the execs and cons in case you want to make investments, in the top that's in common words you who can come to a call on what typically is the most acceptable one which will income you. oh and btw, you could also evaluate making an investment in mutual money.

Answer 4

Rent-To-Own Homes - http://RentToOwnHome.uzaev.com/?CrFs