Here in Chicago commission have typically been between 2 and 2.5 percent of gross sale price but now with the new rules I have not met any agents willing to take less then 2.5% so what has happened is the listings tha...

Hi folks,I'm getting call backs from my direct mail campaign and I've been following a script that I believe brandon turner posted. I get theri basic info, the unit details and when and how much they're looking to sel...

IS WHOLESALING ILLEGAL IN ILLINOIS?The Real Estate License Act of 2000, 225 ILCS 454/1-1, et seq., and its accompanyingregulations, 68 Ill.Admin. Code pt. 1450, govern the business of real estate brokerage in Illinois...

Hey there BP Community!I had a very interesting conversation the other day with a Buy and Hold stock investor who is completely sitting on the sidelines with Stable Funds over the next six months to a year. He said th...

I just closed a wholesale deal where the seller was selling the property with tenants in place. Found a buyer and closed the deal, but now the buyer wants to know who is responsible for the $400 security deposit the t...

Economic Update
(Labor Day Edition)
This crazy bizarre year will undoubtedly be remembered as one of the most challenging times of our lives. A worldwide pandemic, social distancing, facemasks, a recession, histori...

I hear a lot on the internet that no matter how you set up your business structure for asset protection you want to have your main holding company that owns all of your other LLCs out of Wyoming, Delaware, or Nevada f...

Hi there, we recently purchased a single-family home in a town in Goshen, New York for the purposes of listing it as a STR.
Just before closing, while we were in contract, the town placed severe restrictions on STRs....

Who would you recommend as a real estate attorney to form a series LLC in Texas?  I heard Texas has very good laws.Also, all attorneys would say I must name the LLC myself, they cannot name it for me.  What are some t...

Please tell me how you are doing it!

I am struggling to see how this can be done with less than 20 pieces of property that have a positive cashflow of $200/mo each. That would put someone at $4,000 a month which cou...