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I spoke with my attorney this afternoon, and he told me that Illinois is about the pass laws that will "crack down" on self directed IRAs and require private lenders to be certified. Has anyone else heard about this?
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I work a full time job, but would really like to start learning about real estate investing/flipping etc. I only have weekends free and maybe an hour or two on weekdays. Does anyone here do this on the side and have a...
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Last year I bought a 17 unit deal in a rough part of town. I was in a 1031 exchange period and pulled the trigger bit fast, lets just say.
When you visit the area, it doesn't look bad. The streets are fine, although ...
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Some banks have separate departments for business and consumer lending. Consumer lending seems to be more accessible for investors who are newer to the game and don't have large portfolios. Additionally, banks may hav...
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Hello All,I am looking for a purchase in Chicago and came across a 2 Flat with an illegal (ahem .... non-conforming) basement unit since the ceiling is too low. Worst case scenario, it will need to be de-converted an...
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Hi all!I'm Ryan. I'm entering my third year at college in Worcester, Massachusetts. I attended a few webinars and have read a lot of form posts/blog posts about the beginning of real estate investment. I'm a full time...
I’m 50 years old, grew up a city boy never knew much about real estate investing. By 65 yrs old I would be able to retire with two pension, social security and 401k collecting over about 10k a month. I have been readi...
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Hi everyoneI have 2 rentals currently and love hearing and learning how others find, evaluate, and manage their properties. I'm mostly interested in buy & hold's. I've run the country's largest background scree...
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Hey Guys,I will be graduating college and am hoping to buy a place to hack as soon as possible this upcoming summer. I will have a decent Job starting in July about 75k in Fargo North Dakota. I have no loans or debts,...
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Hello. I've been doing some reading and came across this article saying that I need to register as a Landlord once I purchase propery in Indianapolis. Is this true? Have you guys registered with the city? Here is the ...