We are super excited and in the process of purchasing a home to turn into residential assisted living space which our community desperately needs.

What are the positives and negatives to purchasing a property that is doing well with renting as an airbnb currently?

Several PMS's will either include damage insurance or allow you to purchase damage insurance through them. 

I’ve bought properties that cashed flowed 30% + on total cost, but they weren’t cash flowing when I purchased them; that kind of cash flow has to be CREATED.  

The area is on the up up being sandwiched between the United Center and Oak Park...for sure block by block still so be sure to go there at night.What do the numbers look like for the purchase price and why is the seller selling?

I was thinking of purchasing small multifam 2-4 units with DSCR and using personal loans to cover the 20-25% DP.

Plus, the real estate market here is still relatively affordable compared to many other major cities, allowing for more attractive purchase prices and potential returns.

Hey everyone,Me and my wife just purchased a 3B house in Charlotte, that requires quite a bit of work, and we are looking to expand our network here, as we are new to Charlotte, so this is sort of out-of-state investing for us.

In other words much safer to purchase a property in the name of your LLC than to purchase in your name and transfer to LLC. 8.

I have a 3rd LLC (non retirement) created in NV, working on buying RE in Detroit, MI. once the purchase has consummated, I file the foreign LLC filing with MI state, do i need to file for FINCEN too??