![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3015878/small_1715053552-avatar-sofiad14.jpg?twic=v1/output=image&v=2)
23 December 2024 | 5 replies
If the LLC owns the property, then the LLC should be listed as the owner in the contract.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3143804/small_1731096137-avatar-khalida74.jpg?twic=v1/output=image&v=2)
17 December 2024 | 36 replies
(Land and construction cost, expected sale price, etc.)My last development in Chicago looked like this:Land = $300kConstruction Cost $650kHolding Cost/Closing Cost/etc. $50kProfit roughly $100kThat project was in Bucktown on the nw side of Chicago.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1714342/small_1621514980-avatar-richardg266.jpg?twic=v1/output=image&v=2)
16 December 2024 | 1 reply
To help you, we have developed a simple tool for gauging your emotional response to some common aspects of rental ownership.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3153093/small_1733281021-avatar-shawnn65.jpg?twic=v1/output=image&v=2)
20 December 2024 | 19 replies
My first MF I represented the buyer on I made 100k. for maybe a weeks worth of work. 3. if your going to be looking a more resi style duplex 4 plex a lot of those get listed and having access to the MLS is far superior to any other on line listing service ONE simply because you will be able to talk to the actual LIsting agent not someone paying for leads.And then of course having access to MLS lock box's and not relying on agents.. this is huge.Now if your maybe going to buy one property sometime in the future and you have no interest in learning the RE laws of your state or making any money with transactional real estate then sure.. its a pass.. although I would still recommend the pre license course so you learn the basics the vocabulary and states unique laws.. knowledge is power in RE.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/515927/small_1709833189-avatar-ryans107.jpg?twic=v1/output=image&v=2)
20 December 2024 | 3 replies
The ability to generate more income for simply the cost of a building is another huge cost saving over buying an expensive commercial lot and developing it.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2822052/small_1737074606-avatar-davidm2505.jpg?twic=v1/output=image&v=2)
17 December 2024 | 16 replies
Flipping and other value adds is where the experienced investors are or if they are holding it likely is a development effort (such as adding a dozen ADUs).Good luck
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1815703/small_1621515813-avatar-clarkstoragellc.jpg?twic=v1/output=image&v=2)
4 January 2025 | 28 replies
No county zoning and off list Property Tax properties.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3128132/small_1733939735-avatar-ferozp1.jpg?twic=v1/output=image&v=2)
18 December 2024 | 5 replies
We are solely working on assisted living:- Buying homes and leasing them at higher than market rates to these business operators- Purchasing existing businesses with the real estate- Developing / building newFor us, the business makes the real estate cash flow, we can create a massive impact, and the demand outpaces supply and will continue to be that way for the next couple decades.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2452687/small_1688742618-avatar-dejac4.jpg?twic=v1/output=image&v=2)
14 December 2024 | 5 replies
My aspirations include becoming a real estate developer, so I want to learn as much as I can.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/628153/small_1621494147-avatar-zrowgz.jpg?twic=v1/output=image&v=2)
26 December 2024 | 21 replies
@Erik EstradaThe crazy part was that when I had spoken with the Self Directed IRA custodian, Equity Trust Company, they had given me a list of lenders clients had previously used.