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First, here is some background on this deal. My wife and I are new investors located in Houston. This is the second home that we have rehabbed. I thought we made every mistake in the book on the first house, but aft...
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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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Good evening everyone, I spoke with my broker this week about getting into wholesaling. While she wasn’t 100% for it, she didn’t say I can’t do it. Her issue is that she thinks I will be taking on a lot of risk. I per...
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Hi everyone,
So I own and self manage 9 doors and I am having an ongoing issue with one of my newer tenants. I usually acquire my own tenants but I handed the task over to a local agent for my most recent vacancy. I ...
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Hi,I’m in the process of buying a second home and turning my primary into a rental. I’m currently fixing a few things on my primary to get it ready to rent. I’m a little overwhelmed on the to do list, details of lease...
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My friend asked me to borrow 5k to finish some work on a property he’s flipping using hard money so he can get his next draw is this something I should consider if so how should I go about it? He’s offering me 7500 t...
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I am trying to put my first 4 unit property under contract and here is the deal:I went on zillow and found a property I liked. I called the listing agent and he said that his client did not want to give up the financ...
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Hello AllI have been hiding in the shadows for some time now, faithfully watching webinars every Wednesday night, downloading podcasts to listen in car, and reading reading reading from forums to Kyosaki to John Schau...
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The types of wholesalers that send out 50,000+ letters/month. The owner can't possibly take that many calls and run that many comps, view all those houses and make offers.This is not the kind of work you can outsource...
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Anyone has any experience renting out to ODSP (Ontario Disability)? Any gotcahs? Anything to look out for?