I'm going to look at a legal non-conforming two flat in a suburb just outside of Chicago. I looked up the zoning map for the particular city and it is zoned in a single family residence area. What do I need to watch o...

Hi guys,Are there any specific legal structures recommended ? I heard from my accountant about a 2 level holding model.Anyone familiar with that?thanks!

Hi everyone, I have a few legal questions that I'm looking for some clarification on..I started an LLC under the impression that it will be my "business". However, now I'm hearing I should only put a handful of proper...

Hey BP, got a question.Is there a way for my Roth IRA to purchase a property and then turn around and rent it out to myself? I know I can distribute for the down payment of a first time home purchase, but I would rath...

I'm wondering if anybody with experience can tell me if its legal or illegal to acquire properties via Subject2 without a Brokers LicenseAssuming the exit strategy would be to Hold as a rental or lease option because ...

Considering investing in property where I would like to get more "heads in beds" by adding a "bunk room" in the basement. This is based off a house on 4 bedroom septic which has 4 legal bed rooms. There is a finished ...

During a break in my home inspector's class, I start talking up with one of my classmates about different RE issues. I mentioned to him about me trying to collect on some damages from a recent move out. He says that h...

Hey guys, I have a question that I would appreciate your advice on. So as somebody that is just beginning to get into house flipping, I’m wondering how (and if) I should set up a legal entity. Some people say not to w...

I went into contract with a new home builder.  $1K earnest deposit, $10K options deposit.  I only paid $3K of the $10K options deposit because they never invoiced me or sent me bill reminders.
During closing, I could...

At a recent real estate seminar I attended the presenter said that it is illegal to commingle funds from different private lenders to purchase a property. The example he used was borrowing money from 2 relatives (5...