Beneficial owners of my LLCs can all be found publicly on the secretary of state website so I don't understand why I need to register everything at Fincen.

For the lease, many people who self manage find a generic one for their state online, but it’s usually a good idea to have an attorney look it over or even draft one for you to make sure it’s solid and covers all the bases.

YouTube is great and all, but it doesn't exactly tell the whole story.Love the analogy about building a tower, gotta have a solid plan before you dive in, especially with all that permit stuff and zoning laws.

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I allowed him to speak to understand his side of the story but told him even if the accusation was true, he should have spoken with the guy one-on-one.

My concern is someone who does not understand Chicago rules and regulations on units, airbnbs or the AUD profess in Chicago will direct you on these topics.

That statement alone will cause you to move too quickly and take too much leverage which minimizes those solid investments you already have.Ask yourself, why do you want to scale faster?

I hope all is well.We have a STR in the town next to Ludlow and we were booked solid for the Winter (every single weekend and many weekday nights.)Check out our property "Honeypot Farmhouse" here.We're just coming out of "Mud Season" now where everything shuts down (restaurants, etc), but entering the Spring and Summer, we expect the rentals to pick up nicely.

Made a rookie mistake by not putting the hardware plans down on solid paper when we painted the cabinets and drilled holes For hardware.

@Peter ShinGetting an agent/broker to understand sub-to or a wrap will be very difficult.