SMART Residential Real Estate Investor eGuide

3 Ways To Make Money

3 Ways To Make Money

6. Close/Keys

Post-Close of Escrow
You made it! Escrow has closed successfully and you are ready to take possession. Once you get the keys, it probably starts to sink in that you are taking on a big responsibility.

Being There
We will be with you after Close of Escrow to answer any real estate or investment-related questions. Investing is a process, and several things will happen: you will start to get ideas for change and improvement. We are available to help through this phase, and then on to the next (see "Repeat", below).

Professional Organizations
Something you may want to consider is joining a reputable residential real estate investors organization. Two well-respected Long Beach local organizations that we are familiar with include:
  1. Apartment Association of California Southern Cities (AACSC)
  2. For Investors By Investors (FIBI) Meetup Group

AACSC is mostly geared for apartment owners (5+), but they are very helpful for 1-4 rentals as well. They give free legal advice to members, and have recommended referral resources for almost everything you can think of related to investment properties. Their headquarters is in Long Beach.

The FIBI Meetup Group meets monthly, generally at the Grand Hotel on Willow in Long Beach. Meetings currently run about $25, and are well worth it. They have excellent guest speakers on all types of real estate investing topics, including taxes, property management, portfolios and many others.

Transaction Documents
And finally, as a landlord, you are encouraged to use professional forms for lease agreements and other transaction documents. AACSC provides excellent forms for all parts of the investment life cycle, and can helping you with the C.A.R. forms. For your own protection, it is important that you use transaction forms that have been reviewed by legal professionals who specialize in real estate.

Let Us Help

Feel free to contact us to get started on your path to real estate investing success.

We'll be glad to answer any questions you may have about residential income properties,

and guide you every step of the way:

(562) 208-9818

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