We just set up our LLC in Illinois to flip houses.  I'm preparing to file for our EIN with the IRS and need to decide if we want to be taxed as an S-corp or partnership.  I'm all for S-corp except for the requirement ...

Hello, my business partner and I are looking to acquire a daycare business and the real estate. She had the knowledge on how to run the business, but her credit would not qualify for the loan and the bank is saying th...

What’s up BP community! I’m looking for a little guidance from any licensed agent in Illinois who is currently wholesaling. I’m meeting a little resistance in my county as to the specifics of how the transaction shoul...

Now that August 17th has passed, and the new NAR Settlement is in effect, big changes for consumers on both sides of real estate transactions are being felt across the nation. If you haven't bought or sold any real es...

Hi folks!I have been reading a lot about solo 401k this week and I have a question that I haven’t been able to find an answer to l:My wife is self-employed with significant taxable income and is eligible to open a sol...

My family and I are wondering what exactly the etiquette is when working with an agent and trying to find an off market deal. Should I be reaching out to current owners to find out if they are willing to sell their pr...

If I can pick somebody brain. Will you use a contractor that has insurace, but no worker's compensation or a contractor that has both, insurance and worker's compensation. Here's the wrench though the contractor ...

I have been a DIY landlord for 7 yrs now, and recently I have put up a unit for rent and had an real estate agent working on behalf of a prospective tenant.  This is the first time this has happened, but thanks to the...

I am looking to drive for dollars on two different sides of the city, I am wanting to target a specific area. Are there any services that specifically drive for dollars that I can pay for their time and gas?

So I am in the process of turning over my first unit. I have been doing all the advertising myself, meeting people to show the unit, following up about applications. I have just received a couple that has been working...