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Hey all,I'm finally at the point where I'm going to file for my LLC. There will be four members (all close family) involved. I'm in Illinois and the cost to fill out the paperwork myself is $500. My CPA will do it for...
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I have been saying this for awhile that the market is frothy and that IF you buy larger multifamily you better be using conservative underwriting numbers.Those placing money into properties with the prediction of abov...
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I am closing on an 8-flat next week in Lincolnshire, IL (NW Suburb of Chicago). There are 6 - 2beds/1bath units and 2 - 1bed/1bath units.
Currently, it is rented far below fair mark rent. The lady who we are buying i...
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Hey everyone, I'm adding a new market to my focus and I'm between pursuing Raleigh, NC or Greensboro, NC. I'm looking for Mid-sized multifamily with 15-80 units. I'm looking for cash flow more than appreciation, and w...
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I have 100K to invest at the moment and I would like some feedback specifically from "note and real estate" investors and not just "real estate" investors. I was very keen to purchase rental buy and hold property but...
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Hello.
I have a deal that I am working on and could use some simple insight. I have the means to turn around a $25,000 investment into $75,000 within 90 days.
Is this a good enough ROI for a private lender?
I hav...
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Here's a lease I'm working on for a property I now in CT. Anything you would add?Steve---------IN THIS LEASE the words "we", "us" and "our" mean the Landlord, ________________________.The words "you" and "yours" mean ...
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Investing in real estate is categorically different than investing in stocks/bonds and other customary financial planning tools.
It is buying a small business. This fundamentally changes how you should think about t...
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I know some of you don't like political discussions but they directly apply to money, so it's relevant.
I don't care about whether or not you believe in "stimulation" economics or whatever. I don't care if you want ...