Basically, he makes me a profit.Additionally, he creates a comfort level for non-traditional real estate transactions that often occur when one is wholesaling property.With enough digging I think most people can find attorneys like this in their local areas, particularly if they are in a larger metropolitan area.

Hi, I wonder how holding an airbnb/short-term corporate housing property will impact my ability to secure conventional loans for future investment properties.I am about to list my apartment on airbnb, which basically provides short-term housing similar to a hotel.

Just a few comments, nothing else to harp about:You have a real mess going on there.You didn't learn about basic RE before you jumped into a deal.You're a tenant, no Realtor can list with you if they wanted to.Your option only gives you the option to buy, you don't own anything in that property.

I'd like to compare those terms to the ones I see and potentially incorporate some of the safety features.You've noted the key element of the deal.

There are areas of CHICAGO that have that same level of safety.

You can combine that with the 1031 (if applicable) and basically not have to pay taxes on your gains.

By that I mean, I have taken college courses on REI and I understand the basics.

The overall goal of reform is to reduce the subsidies that FEMA is currently paying on high-risk properties.The flood maps are used as the baseline indicator for the risk on any property, basically saying how risky an area is.

I went to public auctions and he taught me the basic fundamentals of the business.My question is.

The partners I used basically had cash sitting in a savings account.