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1 September 2024 | 5 replies
Any tips about any step of landing a contract would be much obliged!
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2 September 2024 | 8 replies
My corporate office is right in downtown Chicago we have seen condo purchase go out over the last 12-18 months.
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31 August 2024 | 2 replies
Would this contribute to Piercing the Corporate Veil?
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30 August 2024 | 0 replies
For business owners, having a separate legal entity, such as a corporation or limited liability company, provides the unique ability to create a credit identity with business credit reporting agencies, also known as a business credit profile.Reality check: > Funding your business with your home equity or personal savings/guarantee is a HUGE risk > ~45% of Small Businesses applied for a Business Loan in 2023 > Less than 2% of SBA Loans are actually funded/approved > 29% of Small Businesses FAIL because thee run out of Capital > Your company’s name on a credit card is NOT corporate credit (if you used your FICO score to get it) > Business (EIN) credit will open new ways to finance your growthIf you keep doing what you've always done, you'll keep getting what you always got!
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3 September 2024 | 20 replies
I’m primarily evaluating the deal I’m lending on, but I also want to see what kind of track record the borrower has in managing their financial obligations.
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2 September 2024 | 12 replies
So I would tell you that 2-5 rentals is a piece of cake to manage - even if working full time (we kept 2 corporate jobs until we were up to 20 rental units.)The other thing I would tell you is that there are MAJOR control differences between being a limited partner in a syndication - where you are more akin to a passenger on the bus which is your investment, versus full control of everything when managing your own rentals.
30 August 2024 | 13 replies
The original property manager was a local company and then they were bought by a larger corporation.
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27 August 2024 | 8 replies
Did you guys figure out which forms to fill out for the New Corporate Transparency Act (Fincen)?
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29 August 2024 | 7 replies
Am I obliged to take in a person who offers to pay by CHA vouchers?
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25 August 2024 | 7 replies
Legally, Is the tenant obligated to provide that information?