Joseph Kirk
Advice on entering the fix & flip industry
5 January 2025 | 17 replies
To get started with fix and flips, first define your criteria, including location, property type, and budget.
Harsh Shah
Options for fire damanged rental property
31 January 2025 | 4 replies
Depending on the type of replacement cost (functional, common construction, etc.) you may or may not be able to get reimbursed or replace with the exact materials that were there before.
Kyle Kulhanek
Retitling a property to an LLC - Chicago
23 January 2025 | 7 replies
Some lenders allow exceptions for transfers to LLCs owned by the borrower, but it’s worth confirming first.Explore transfer tax exemptions: Chicago doesn’t make this easy, but there may be exemptions or reductions for certain types of ownership transfers.
Eli Jerman
Taxes for 2024 - First rental property purchases in August 2024
31 January 2025 | 11 replies
I am the type of person that is normally looking to save a money to increase my investing so the thought of paying someone to do my taxes when we could do them ourselves didn't make sense.
Scott Trench
Can Someone Please Explain Why A "Wholesaler" Would NOT Get Licensed?
18 January 2025 | 13 replies
A net listing is a type of real estate listing agreement where the seller specifies a minimum price they would like to receive from the sale, and any amount over that price is considered the real estate agent's commission.
Jason Sung
Water leak at a bathroom and insurance claim (Safeco)
15 January 2025 | 6 replies
Depending on the flooring specs you *might* be out of luck because a lot of LVP/laminate type flooring specifies on the install that straight runs will be no longer than X number of feet and room changes will be installed with a transition.
Craig Jones
STR hotel makeover
22 January 2025 | 15 replies
If you can find one its Millions of dollars since those types of spaces ar3e close to beaches here.
Victor Yang
Taking a small loss to save on taxes?
19 January 2025 | 7 replies
There is plenty of tax planning opportunity with a property type of that size.
Katie Hendrickson
Seeking Advice: Selling and Financing a Geodesic Dome in Eureka Springs
12 January 2025 | 1 reply
Any advice on securing financing for potential buyers would be greatly appreciated.Personal Experiences: If you’ve owned, sold, or rented out a geodome, I’d love to hear about your challenges, successes, and any tips you might have for marketing or managing this type of property.Thanks in advance for your insights!
Devin James
To those who consider themselves very wealthy, is wealth worth what is takes?
22 January 2025 | 56 replies
So sometimes when these type of opportunities come up life changing as it relates to work you just have to jump on it.