I find fulfillment in providing value by assisting groups with research and acquisition of commercial real estate, and being a trusted partner they can rely on for smooth transactions and accurate data.

Shane, buying "subject to" in Illinois is possible, but the state has stricter regulations around real estate transactions.

So long as your original fee to open the account is booked as a personal contribution to your business and all the transactions are business-related, it seems like your best solution until you get back stateside.

I have transacted with them as well; by far the best out of the turnkey companies IMO.

However, in every real estate transaction there is someone else on the other end of the table.

Interest rates need to drop a certain amount in order for a person to make a transaction right now.

To maximize the number of transactions you’re involved in you will need to:Be Top of Mind when they think about moving - which requires consistent reminders.Be seen as an Expert – which requires a consistent message and Evidence of Success storiesGain their Trust – which requires communicating integritySo, start out by listing everyone you know in an Excel spreadsheet.

.- Individual 1031 Exchanges: Each partner can then independently conduct a 1031 exchange with their share, deferring capital gains taxes by reinvesting in like-kind properties.Considerations:- Timing: The IRS may scrutinize transactions where the "drop" (distribution) and "swap" (exchange) occur in quick succession.

This sudden jump in rates has not fully caught up with market cap rates yet since especially in the commercial and multifamily property markets, transactions typically take 6 months to transact, creating a lag effect between interest rates and market cap rates since interest rates adjust daily.

RedFin shows -7.5% Y/Y for townhouses and -11.3% Y/Y for condos, both of which have much smaller transaction values and therefore, IMHO, make the 2.2% January 2025 (overall) price increase in Russell's info graphic more plausible.