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27 January 2025 | 3 replies
Hi Dominic, thanks for the detailed response.
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29 January 2025 | 0 replies
When you have multiple responsible adults sharing a house, if one "bad egg" slips in then you have the others renters to kick them out or report them.
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17 January 2025 | 1 reply
Here's why:The Multi-State Chess Game:• Client had properties in 3 states• Each state has different deadlines to assess taxes• Federal changes trigger automatic state assessments• Timing the response saved $45K in state taxes🏠 Real Estate Investor Pro Tip:States can't assess back taxes if their statute of limitations expires before federal changes finalize.
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23 January 2025 | 7 replies
@Kyle Kulhanek To retitle your Chicago condo into an LLC for liability protection, start by forming the LLC with a clear operating agreement outlining ownership and responsibilities.
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30 January 2025 | 4 replies
Posts like this are part of my journey to learn, network & connect with experienced professionals like yourself who have valuable insights to share.I also want to apologize for the late response—it’s been a busy few days, but I didn’t want to miss the chance to thank you for your input.Looking forward to learning & growing in this space & who knows, maybe one day I’ll be offering you in on an investment idea or I'll be the one offering advice to new investors!
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3 February 2025 | 6 replies
Quote from @Anthony Thompson: Anthony - thanks for the response.
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19 January 2025 | 5 replies
If no response contact the State Banking group and get them involved.
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11 January 2025 | 9 replies
I would not start paying off properties (if at all) until you are done buying as it will slow you way down.
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31 January 2025 | 3 replies
I wrote a letter to the HOA yesterday explaining why the door was needed, how security would be very tight, and how the HOA itself could potentially be responsible for any ADA fines/penalties if they are found to the "barrier to access" for ADA as they control the lobby.We have a tenant lined up and obviously this is causing a major issue.
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25 January 2025 | 1 reply
Have every detail spelled out, use an escrow account and daily updates verifying all parties are executing their responsibilities.