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21 July 2021 | 5 replies
I'm looking to get away from my hometown in O'Fallon, IL, for a week or so and stay with a family that invests in real estate or owns a business and uses it as a business write-off and to be a sponge and learn some information from wiser individuals.
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20 July 2021 | 3 replies
I'd rather not do two individual replacements with the timing working out perfectly.
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20 July 2021 | 8 replies
Find a bank that is savvy with self-employed individuals.
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29 July 2021 | 8 replies
Looking into it, I see most hard money lenders will only lend to LLC's or other corporations, and not to individuals.
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19 July 2021 | 0 replies
They want it to be a "meaningful" amount to each individual.
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4 August 2021 | 24 replies
I have worked with several individuals that try to broaden their net by selecting multiple markets.
19 July 2021 | 2 replies
For example, most 4-plexs for individually metered electricity and gas therefore the tenant pays for them, however the owner still covers water/sewer/trash which can be a couple hundred dollars per month depending on the area.
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6 August 2021 | 9 replies
I am currently working towards buying ownership into an office building structured with an association of individual owners for the individual units.
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10 August 2021 | 8 replies
However, I have heard a few times on the podcast and in books that banks prefer to loan to individuals rather than LLC's in the beginning because the LLC has not yet established cashflow.
20 July 2021 | 6 replies
There are some legal issues with this and it is not a good term strategy to grow (it will negatively effect your individual and company reputation).