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1 May 2024 | 0 replies
Quit my job and now i want to start my flipping house business.
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1 May 2024 | 2 replies
He is definitely a person/business that we are trying to model in the general contracting space here in Chicago.
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1 May 2024 | 16 replies
If we ran out real estate businesses like the IRS ran their B.S. we'd be run out of town.
1 May 2024 | 5 replies
From a business perspective, that is moot point.
1 May 2024 | 7 replies
Make sure you can handle the unexpected aspects of doing business as a landlord financially and with good business sense.
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2 May 2024 | 29 replies
That's what's beautiful about this business.
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1 May 2024 | 1 reply
Great thing about this business is even if you don't have the money to invest in deals yourself, there's other investors and lenders out there with money who need a place to put their capital for a sizable return.
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1 May 2024 | 8 replies
Lets connect, maybe we can do some business.
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30 April 2024 | 37 replies
Also, Is that warehouse line of credit for one business you own?
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30 April 2024 | 9 replies
Hey @Amir J Reichental, There are small pros and cons to this: Home Address:Pros:Privacy: Providing your home address keeps your personal information private, as it's not tied directly to your business.Convenience: If you're already receiving mail and other communications at your home address, it may be more convenient to keep everything in one place.Cons:Risk: Using your home address exposes it to potential risks associated with the property owned by the LLC, such as lawsuits or creditors targeting your personal assets.Tax Implications: Depending on your jurisdiction, using your home address could have tax implications, especially if you're claiming any tax benefits or deductions related to the property.LLC Address:Pros:Asset Protection: Using your LLC address helps separate your personal assets from your business assets, providing an extra layer of liability protection.Business Image: Using the LLC address for business-related documents can help establish credibility and professionalism for your company.Cons:Public Record: LLC addresses are often part of public records, which means they may be more accessible to anyone who wants to find information about your business.Mail Handling: If you don't have a physical presence at the LLC address, you'll need to ensure mail forwarding or a reliable method of receiving important documents.Ultimately, the decision depends on your specific circumstances and priorities.