If an commercial asset based loan is based solely on the property and not the individual why does the private lender ask for a profit and lost statement for my company?

This might sound like an odd subject, but to new investors, I wanted to share my own analogy of REI (based on personal experiences) when starting out. Many years ago, I always wanted to learn the guitar. Bands would p...

Hey everyone, I just put under contract a 2- flat building in the Chicago area. This is a class C neighborhood. Can you please give me some advice and criticize my analysis below? The first unit is renting for 700 (lo...

I have one multi-member LLC, with multiple rentals in LLC. My CPA thinks the desktop version is the better Quickbooks to get. I am attracted to the multi-user access of the online version, and the automatic backup fea...

So thank you Michael Evans I saw your answer for another post about how you can also use the 2% rule, which states that the monthly gross rent should be at least 2% of the purchase price.  If I put that into play I wo...

I'm researching online data for Victoria TX.  Wanted to get some opinions on the economic, demographic, and overall climate for multifamily properties there.  Anyone invested in Victoria TX?  What do you like or don't...

Hi everyone,

I'm in the process of scaling my wholesaling business and am exploring the idea of hiring someone to not just make cold calls, but to also play a crucial role in finding properties and securing buyers....

Hi All, what's been your biggest lesson you learned after getting into real estate. I'll go first. I had a W2 I wanted to leave and thought that owning 30 rental properties would be enough to retire from corporate lif...

What is something that you thought was true about the real estate industry / investing, but turned out to be different  / not true once you actually gained the experience?

Hello all,
I know first time investors post the same generic questions here all the time , and this may be another one , but I'm very interested in investing in real estate. I have been researching a lot, reading bo...