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23 February 2025 | 9 replies
Heck even culinarily the restaurants that are popping up are impressive (which I take as a great sign of the people and businesses that it's attracting).
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3 February 2025 | 8 replies
Both from how you want to structure your rental property business and how to handle things from a tax perspective.
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31 January 2025 | 3 replies
Hey Kenny no it's more out the money to work and if needed get personally involved right right now have 3 clients I helped raised 175k in 0% interest business funding with 12 months 0 apr and they want to get going in real estate and make modest returns not shooting for home runs
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16 February 2025 | 28 replies
In the last 2 months I was receiving a lot of deals in my email account and I received a "great deal" from a small wholesaler; 2 hours later the same property address showed up in an email from one of the "big wholesale companies" 10k dollars more expensive... the property was gone even before I could call the small wholesaler.I believe both are useful and all of us need to make a living, so I understand their role in this business.
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16 February 2025 | 5 replies
In addition to real estate, I’m passionate about entrepreneurship and business development.
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8 February 2025 | 18 replies
Most work like this: Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
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16 February 2025 | 14 replies
Super easy to setup, yoand they offer a security deposit trust, client trust, and operating account with their package. https://www.enterprisebank.com/business/property-management
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29 January 2025 | 2 replies
@Kenneth Joseph Perfido If you’ve moved to a new state and plan to conduct business there, you generally have two options: register your existing LLC as a foreign LLC in the new state or form a new LLC in the new state.
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11 February 2025 | 6 replies
My business partner and I just opened up our property managment company in the Chicago/Chicagoland area and it is not easy to do this the "right way".Honestly you can get yourself into some serious trouble if something happened with a tenant, an injury, anything and they sue and find out you don't have a license.
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7 February 2025 | 2 replies
I have called the office number dozens of times, but it always seems to be busy.