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I have searched for a while before posing this question, but couldn't find exactly what I was looking for.I recently put my latest flipping project under contract and have been going back and forth on whether to keep ...
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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...
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all, a recession is coming. No I don't know when, and am not seeking to time the market or even predict when it will happen. But recessions always come and the current recovery/expansion/bull run is lengthy by histor...
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Working on a house flip, but have a bit of a concern. A wholesaler sold me the house-half of a double lot. Typical strategy, they hold and sell the empty lot separately, I didn't have a problem with it, as I got a g...
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2017 was an epic year. I'm now invested in 607 units in Texas and Denver. Returns have been stable at 10% distributions and all my properties are projected to double my money in 3 years. My partners and I just sig...
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Would you purchase a property in Chicago with a non-conforming or illegal unit? What are your exit strategies if an issue comes up? What are the insurance or legal risks? Would you purchase the property valuing it wit...
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I'll be separating from the military in a year, and although I can get a decent paying job in my current career field (Welding and Machining), I would rather get into a real estate related job. My wife and I are leani...
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Newbie here. I'm looking at a duplex as my first investment property, and after hearing about Opportunity Zones, I see that it's in one. I'm trying to understand what this means when it comes time to sell. OZ's look k...
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My fiancee and I are in the process of purchasing a 2-flat with a coach house in the back of the lot on the north side of Chicago. Our lender requested a zoning certificate for the appraisal and discovered there are o...
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One of the things I always try to be conscientious to is herd mentality. Recognition of herd mentality and the pure luck of a well timed divorce kept me from investing in real estate in 2007 and waiting until 2008 wh...