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Hi! I have the opportunity to make some loans to a home flipping business in FL (structured as an LLC) secured by first position mortgages on residential real estate. I've looked through the laws myself ( http://law....
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The new law the SC Governor just signed makes wholesaling illegal.It has 3 parts.1. It defines wholesaling2. It says you must have a license to wholesale.3. It says a licensed realtor can't wholesale.No attorney is go...
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People have brought me real estate deals for many years. Some I bought, some I didn't buy, and some I paid a finder's fee - I thought of it as a huge tip for a great service. On BP I read that this practice - tel...
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Hi all ,
Would you take someone from Marijuana conviction from 7 years ago as tenant ?
When they say Marijuana conviction means he smoke marijuana or could mean he was selling it?
Is easy to get rid of marijuana sm...
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Been using ACH pulls for rent payment through eRentPayment.com and love it, but only works if the dollar amount stays the same each payment.Looking for suggestions on controlling ACH payments for reoccurring bills wit...
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IS WHOLESALING ILLEGAL IN ILLINOIS?The Real Estate License Act of 2000, 225 ILCS 454/1-1, et seq., and its accompanyingregulations, 68 Ill.Admin. Code pt. 1450, govern the business of real estate brokerage in Illinois...
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Over the past few weeks I've created a Facebook business page, a Twitter account for my business, and a website. Now my question is, what is the best way to make those things work for me? I've spent a lot of time, esp...
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This question is geared towards experienced RE investors:
Based on all the knowledge you have acquired up to this point, what would be your strategy for getting started in the real estate investment business with no ...
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I’m a big fan of cash reserves. The covid outbreak has only emphasized this. The problem with cash is that if you have any form of debt it literally costs you money to hold cash. To get around this I have a big line o...