Hello - I bought a 2 flat this past winter on the west side of Chicago. It is a 2 flat, with a basement unit (3rd unit) that is technically illegal. I believe it is illegal because it doesn't have separate utilities f...
I am trying to sell one of my Solo 401k properties. I've been made an offer of 50% down and for me (my Solo) to owner finance the other 50%. Is this legal? Can someone point me in the right direction? I really need a ...
In February 2024, I purchased a tax lien from Nassau County NY. A few months later, I received a notice to redeem letter from a 2019 tax lien holder. The owner has until November 29 2024 to pay the 2019 tax bill or th...
Hi all,
After months of lurking, reading, and researching, my fiancée and I finally have an accepted offer on a triplex. We are going FHA with a 203k loan. The property has had a recent renovation on two of the units...
Nashville or Tennessee investors. Any recommendation on any books, articles or blog about how to run a small business? I understand the basics, however I want to make sure I am doing everything correctly. For example ...
Hello,I am a new real estate investor and currently own a townhouse here in the Raleigh - Wakefield area. For my first deal I am looking at converting my basement into a full studio apartment and renting out both the ...
Researching various sites (including many posts/forms in BP), books, etc. I have tried creating a blue print for asset protection (see the image). Does it make sense? Did I do something incorrectly? Is it an overkill?...
We're planning to STR a cottage on our personal property.My question is from a structure standpoint, can we rent the cottage through one of our corporations, or do we rent it personally. I know one other family that ...
Hi,I just started reading some books on real estate investing and wondering about the pros and cons of having a LLC for rental/investment property. Is it recommended to have a LLC and who can help creating a LLC (tax ...
After investing in a few properties I want to go the next step of becoming a re agent. Anyone recommend a licensing course they took? I heard re express will get the job done (also cheapest) but if it’s too wordy and ...