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All Forum Posts by: Jaclyn McClellan

Jaclyn McClellan has started 14 posts and replied 164 times.

Chicago Real Estate Forum

Post: REIA

Jaclyn McClellanPosted
  • Real Estate Agent
  • Chicago, IL
  • Posts 176
  • Votes 73

Does anyone know of a good REIA group around Chicago?

I've seen a lot of them that are out in the suburbs, but I work and live downtown so I wouldn't be able to travel that far for a weekday meeting. 

0 Votes
Chicago, Illinois
General Real Estate Investing

Post: Structure

Jaclyn McClellanPosted
  • Real Estate Agent
  • Chicago, IL
  • Posts 176
  • Votes 73

I have talked to a couple people that have recommended I put each property I purchase to flip into a s-corp for protection under a trust umbrella. Someone I work with is also recommending putting rental properties into a s-corp and I've read the reasons why not to do that.

0 Votes
Private Lending & Conventional Mortgage Advice

Post: Rental income counting towards mortgage

Jaclyn McClellanPosted
  • Real Estate Agent
  • Chicago, IL
  • Posts 176
  • Votes 73
I would also recommend talking to a lender too, they can help with these types of questions.
1 Vote
New Member Introductions

Post: Newbie from Chicago

Jaclyn McClellanPosted
  • Real Estate Agent
  • Chicago, IL
  • Posts 176
  • Votes 73
Welcome Efrain ! I'm in the Chicago market as well. BiggerPockets is great I recommend reading all the content on here and also check out the BP podcast.
0 Votes