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Updated almost 7 years ago on . Most recent reply
Starting own REI company
Dear fellow REIs and RE attorneys,
Hi, I have couple of questions regarding to starting my own Real Estate company. Can you please review and share your knowledge? I sincerely appreciate your help in advance.
1. I am a licensed real estate broker in IL (Not a managing broker). Can I start my own real estate investment company (corporation) focusing fix & flip and commercial property buy and hold? I know I cannot start my own brokerage. Also I will use my managing broker when I buy and sell properties for my company.
2. If I can start my own corporation, what other requirements I need to prepare to start a Real Estate Investment company?
3. Do you have any recommendable attorney in Chicago area whom I can grow with?
Thank you very much.
Sang