I own a single family home in the western suburbs of Chicago which is my primary residence. The home has a one bedroom 700+ sq. ft. in-law apartment in the basement which I've just remodeled. I have a tenant wanting...
Hello everyone! I am moving out of state and would like to rent out my house rather than sell it. I am wondering if I should create an LLC for this rental (this would be my first rental property). If I open an LLC for...
I've been looking through this forum a bit and noticed that there is some great information on LLC's and why to use them. Some topics have hit on my question but do not directly address it, hence, my post.
My wife a...
I am currently owning two rental properties, and I am planning soon to expand my little empire by buying a few additional properties. I have done a little research, and it seems like there are many benefits of running...
I'm looking at a property that has the front half of the house/yard in the 500yr flood zone and the back half is out of the flood zone. The house is on a crawlspace, and so I really don't think the house itself would ...
I am writing an article focused on how the series LLC structure can be used by real estate investors for holding real estate assets. I would like to find out what questions real estate investors have about using the s...
Hi All,Hope your week's are going well!What's the general consensus on newbies investing in section 8 rentals? Please pardon my ignorance and naivety, but I'd love to hear what people think of this plan and all the po...
Hey BP - My wife and I started investing in real estate a little over two years ago. We currently have 4 SFRs in our portfolio. We both have good careers in sales (not real estate), with a combined 27 years of earnin...
I am currently a contractor for a non-profit low income family builder. As much as I enjoy what I am doing for the community and families in need, I've been itching to do my own thing. I've already have a good start a...