Rick Ilich
Deed restrictions removal question
10 January 2025 | 3 replies
In that case, you’d typically need to file a legal challenge, which could involve going to court and showing that the restriction is unnecessary or unreasonable.The best advice I can give would be to consult a real estate attorney to understand your specific situation and options.
Marcus Welson
1031 exchange identification deadline extension
9 December 2024 | 2 replies
Proc. 2018-58, 2018-50 IRB 990 (Dec. 10, 2018), that are due to be performed on or after Oct. 5, 2024, and before May 1, 2025, are granted additional time to file through May 1, 2025." the 45 day identification deadline is extended because Rev.
Jacob Dalton
Should Cook County be a "No Go" Zone for Single Family Rental Investment?
22 January 2025 | 12 replies
I have filed for eviction on one tenant that I have placed in my career, and I was able to negotiate him out long before the court date. 99% of the time, eviction should not be a driver for whether you invest.
Dominic Campelo
Newbie Looking to House Hack Possibly
8 January 2025 | 5 replies
When you say "we," are you speaking about your business or your personal tax returns, or does your business flow into your personal returns because you file as a sole proprietor?
Chris Hertig
Tenant Living in Garage/Shop!
14 January 2025 | 4 replies
The guy has already stated that he doesn't live there so that alone proves that he knows that was never the intended use (is their a police report or statement for your file?).
Account Closed
Landlord insurance claim
26 December 2024 | 1 reply
Will there be any issue on Jan,15th deadline in this case ?
Joe S.
BOI injunction reinstated again today??
8 January 2025 | 9 replies
My suggestion is to simply file the BOI requirement.
Christian Hwang
Advice for a New Out of State Flipper
1 January 2025 | 22 replies
I'm sure there are many more experiences where the contractor hasn't fulfilled their scope of work and gotten away with rushing the project to meet the deadline, And, I don't want to be as naive to say that I'm that 1% who can have complete quality/operational control, but I'm confident I can establish a system and hire independent inspectors to review the contractor's work.
Paige Seeley
Funding for a portion of a down payment
15 January 2025 | 6 replies
The 25% has to be your funds.Now, there are non conventional options that would be a bit more flexible but even most of those programs will require at least 20% down with no second mortgages filed on the property.
Ram Gonzales
Creating a debt fund for owner finance strategy
15 January 2025 | 29 replies
Typical cost for the setup would be in the $15,000 range which would include production of the Private Placement Memorandum, Subscription Agreement, and Operating Agreement, Investor Qualification Forms, as well as filing Form D with the SEC, and state “Blue Sky” filings in those states where your investors reside.