Brian C.
Subject-To Purchase with free rent to seller for one year
I've never done a subject-to deal, but am working a possible opportunity for one. I put the information below. Just looking for anyone's insights or if they think I've missed anything. Thanks!Scenario: Potential se...
Sophia Boro
Why do some investors allow unpermitted work?
There are obvious benefits to acquiring properties that have permitted work, but I want to see if anyone can explain why some folks allow unpermitted work. My curiosity includes how timeframes are affected, the listin...
Edward Smith
Zillow sued over 'Zestimate' by Glenview homeowner
Thought this was a good read from CRAIN'S A Glenview lawyer sued Zillow, alleging that the real estate site's relatively modest estimate of her home's value has created a "roadblock" to selling at what she thinks it's...
Lloyd Segal
Economic Update (October 26, 2020)
Economic Update
(Monday, October 26, 2020)
Being connected with others has been crucial throughout this Pandemic. After all, as the rallying cry reminded everyone last spring, “We’re all in this together.” From ...
Matthew Reid
Purchasing Duplex's in lower income area (Need Help)
Hello, I am a new real estate investor from Arkansas. I am considering purchasing a property in a neighborhood that has a history of drugs and some other crimes. Rent, in this neighborhood is in the lower 50% but th...
Joe Fairless
Should You Go Big in One Market or Diversify Across Many?
I recently closed on an apt community which puts my company controlling $190,000,000+ worth of apartment communities. We have 11of them and…11 out of 11 are in Texas. In fact, 9 out of 11 are in Dallas Fort Worth (DFW...
Alan Davidson
Separate LLC vs One LLC
Trying to find an article about putting each rental property into a separate LLCs or putting a group of rental properties into one LLC.Just looking for pros/cons of each approach. I've heard there are differing opini...
Jim Tiernan
Anybody else having issues with Mack Companies in Chicago?
I have a turn-key rental with Mack Companies in suburban Chicago that has been vacant for FOUR MONTHS!A small sample of my issues with the management:Finding out a tenant has moved out weeks after the fact. When the m...
Account Closed
Seller went behind my back and sold the property.
Hello everyone. Let me start by excusing myself if I make and grammatical errors, but I am typing fast because I am a little POA.Okay, so today I was supposed to close on my first wholesale deal. Got the property unde...
Stephen N.
Do i have to pay self employment tax on flips?
I just read a post where someone said you may have to pay SET on income from flips. Is that true?