I am trying to determine the best way to determine how many properties should belong in a single LLC? What is the proper criteria to create a second LLC? I have less than 10 properties now but plan to grow every year ...
Hello! In the process of purchasing a multi family that has an illegal 3rd bedroom in the attic of one of the units. I'd like to make it legal so that we can rent it out but am struggling to determine if it is possibl...
Good afternoon everyone! I recently stumbled across BP while searching some info about REI. Looks to me that this is an amazing group with mounds of knowledge and perspectives.
I have not bought, or even bid on my f...
I just passed my Illinois Real Estate Exam and looking for a sponsoring broker. There are so many options and many have similarities as far as commission splits and training at least what they advertise online. Does ...
With being able to get many properties under contract in a short amount of time. My partner and I are finding it to be a little challenging with connecting the buyer to the property. Is it proper etiquette to just out...
I've got a large retaining wall that will need replaced this spring in a rental I have in Omaha, Nebraska. It's what I consider a large job (like 6-feet tall), will need some earthmoving, etc. It's a class C rental, s...
I am looking to buy a building to open a new business that will expand my current business, I am a photographer. I’m not sure the proper loan needed and if this is possible as I know their are several options for busi...
What are the benefits of purchasing my first property/properties in an LLC if the bank is going to make me personally guarantee the loan anyway?
I'm looking at a property but notice they stopped halfway through the rehab. In the description it says the house has some settling. I'm wondering if anyone has advice on what to look for that could indicate foundatio...
Hello everyone,I'm currently rehabbing a house. In fact, it's my first rehab, and I just got an estimation date for how long it would take to complete the rehab, 15-20 days. I don't have much experience with how long ...