13 October 2015 | 10 replies
You have to cut expenses or make more money or both-I would spend one evening a week at a REIA meeting-I will get your spouse on board and make sure she backs you emotionally-I would set up an LLC and finding an attorney-look at starting a solo 401(k) when you quit your business, investigate it now, @Dmitriy Fomichenko sets up solo 401(k)s-many people spend everything they make and don't save anything, start saving-if you have an IRA, look at setting up a self-directed IRA through trustetc.com-I look for problems, such as expired listings, mostly no equity pretty houses, search "Brian Gibbons creative financing"Best of luck to you
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/405183/small_1621449505-avatar-nikolailumpkins.jpg?twic=v1/output=image&v=2)
14 October 2015 | 5 replies
. - nice to have someone closer than the city on board.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/145396/small_1621419309-avatar-orgnzdchaos.jpg?twic=v1/output=image&v=2)
14 October 2015 | 14 replies
@Rob KrachYou are clearly acting as an agent and creating an illegal lease mandating tenant to do repairs.You can't find tenants for people because it's a "friend"my advice to you is to get a license in the state of Illinois, and then list properties for lease option and get a fee for finding a tenant buyerOr find a way to get on title as a principal without the license, such as subject to existing financing or land contract.As @Curt Smith said Google "YouTube Jeff Watson illegal Wholesaling"The business of Real Estate Investing takes not just reading on boards but getting a good contract attorney and understanding local laws of agency @Bill Gulley
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/369348/small_1621447140-avatar-timlaborde.jpg?twic=v1/output=image&v=2)
11 March 2017 | 15 replies
We have abundant, cheap land not found in other big cites and metropolitan areas.And although we are really bad at Mass and Rapid Transit (no passenger trains or subways) we are really good at building roads and highways that keep everyone moving and the area expanding.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/270186/small_1621438699-avatar-jacobbunce.jpg?twic=v1/output=image&v=2)
25 March 2015 | 5 replies
That would require my wife being on-board.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/252706/small_1695041959-avatar-joseph_l.jpg?twic=v1/output=image&v=2)
3 July 2015 | 14 replies
It’s great to have you on board.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/300050/small_1621442725-avatar-johnnykula.jpg?twic=v1/output=image&v=2)
25 March 2015 | 15 replies
Hey @Johnny Kula welcome, glad to have you on board!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/281607/small_1621441334-avatar-bossfearless.jpg?twic=v1/output=image&v=2)
24 March 2015 | 5 replies
Not saying that I have every base covered (still a newbie) but I feel confident that I could plow on through any obstacle that presented itself, so long as I found a way to finance the property in the first place.I think I might try to get a partner on board with this deal, someone with extra capital to take care of the purchase cost if I handle any rehab and the running of the property.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/302141/small_1621442889-avatar-neilr.jpg?twic=v1/output=image&v=2)
22 April 2015 | 16 replies
It’s great to have you on board.