All Forum Posts by: Asif I.

@Dan Sang for your question #1 and #3, your buyer will have to provide a written letter to the village/county that they will take care of the violation. 

@Andrii Okipnyi I am planning to start my next marketing campaign and am looking for someone who can go talk to the sellers. I am also open to others ways of finding good buy and hold SFR 3/2 in North West and West suburbs of Chicago. If you are interested, send me a PM!

@Eduardo Slesaransky I am looking to build my buy and hold portfolio in Chicago North West suburbs and west suburbs. If you have a funnel of great wholesale deals in the area, I would like to connect with you!

@Ben Clark I am also building my rental portfolio in the western and north western suburbs and have experience in doing 7 real estate transactions last year. If you would like to connect and bounce-off strategies, let me know!

@Meghan McCallum I would like to connect with you and see what insights you can provide. Do you also have access to deals below market price/ARV?

@Justin Pease I am looking to build my rental portfolio in North West Suburbs and West suburbs. If you come across investment grade (or distressed) single family homes, let me know!

Good to hear @Kenneth Garrett. I am also looking to build my rental portfolio in the north west and western suburbs and would like to connect with you to see how your experience has been so far. Let me know when would be a good time to talk. Reply to my PM!

@Robert Hursey I have used LLCs to buy properties under. In most cases lenders (HML or conventional) dictate whether I can buy the property under my name or under LLCs name. For my first few properties I did not worry too much about it, my focus was to find those GREAT deals. If you need additional help, let me know. Disclaimer - This is not a legal advice and I am not an Attorney!

@Ben Clark I met with one of their agent in Roselle but didn't quite understand their model. My goal is to buy rental properties all-in at around 70% of ARV and my initial evaluation was that I would end up close to ARV if I purchased from them. I also did not like restrictions that I MUST use their GC and MUST use them to list my properties etc. That said, If you find out something different I would be interested in learning more.

@Iva Robinson It's best to talk to an attorney on this topic. I think you can do a quit claim deed and transfer property from one LLC to another. If you have your property under Master LLC and someone were to sue you on this property they can go after the Master LLC. My understanding is that the other series LLCs should still be protected but then since the whole seriece LLC concept is relatively new, the strength of the Veil is yet to be tested in courts! Disclaimer - This is not a legal advice, just my personal opinion.

I am about to start my marketing campaign and am looking for good real estate negotiators who can visit the property and talk to sellers. If you have experience in doing something similar, that would be a plus!If you are interested, reply to this post or send me a PM.