1] Lots of questions about how to qualify as a Real Estate Professional. The absolute best resource for this are the IRS Audit Techniques Guide for Passive Activities. In particular Chapters 2 and 4. This is writt...
Hi, I was accidental investor of a townhouse in Chicago north suburb for 7-8 years and finally sold it last year with no loss. Fortunately didn't have any bad experience. Now, I am looking to be a deliberate investor....
Hi There!I own a commercial building with 1 partner in OR. We are looking to sell, and I am hoping to 1031 my share of the sale but my partner is not. Currently we own the property through a shared, two member LLC.In ...
I think what separates early success from those who fail, give up or never get started is a combination of 3 things:1. An open mind2. Common sense3. A willingness to take action on what you learnedToo often people lik...
I’m a new real estate investor primarily focused on flip & flips. I’m hoping to meet like-minded individuals. My wife and I reside in Castle Hills.Before starting my commercial subcontracting company, which focuse...
Hey my fellow cool people. I've got a dilemma that I hope the good people of the forums can help me work through.I bought a townhome 1 year ago that I lived in but also I rented 3 rooms out to individuals as well. I b...
To all those real estate agents out there. You guys must be familiar with the famous "Sell me this pen" phrase from Wolf of Wall Street. How would you pitch a pen? Just for personal analysis of sales tactics. Would yo...
I've been thinking about trying text message marketing. Based on my understanding of FTC regulations, I can't send out mass text messages to people who haven't opted in. Is text message marketing allowed if I indivi...
Hey guys-
Brand new to the site and really enjoying it so far! My business partner and I have been investing in real estate for about 2 years now and we're looking to take it to the next level but need some advice. ...
Hey guys, What I seem to be having a hard time finding is how do LLC's typically build credit in order to get further loans for income properties? Can an LLC secure a loan without credit history or a property? This wo...