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Hi Everyone. Two friends and I are on the verge of starting a Real Estate Investing business. One of them has a large sum of money to use to buy houses and flip them so it seems that is where we are going to start. Ho...
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I am currently in the process of closing on my first Duplex in the Chicago Suburbs. It is a long story yet i was able to get an off market deal, in exchange for handling all the problems. I close September 1st.The cur...
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Hello, looking to talk to any local investors using funds from a self directed IRA. This is a strategy that interests me but I want to sit down with someone who has done it successfully instead of just hearing a sale...
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I want to make taxes start working in my favor ASAP.
Thanks
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Hello!I am trying to set up Quickbooks Pro in the most efficient way possible, but where I can easily get to all information that I might need too. I have entered my property management statements into Quickbooks by ...
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Quick background for those who are new to REI: For liability purposes, it is generally preferred to hold real estate in an LLC (so if you're sued, creditors can't touch your personal assets, e.g., savings acct, primar...
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Hi all. I'm looking for input on a possible sandwich lease option deal, or a pure lease option with transfer/sale of the contract to the tenant buyer. A good friend purchased her rehabbed row home on a quiet block of ...
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The owner/instructor of where I did my coursework for my REL many years back said something that stuck with me and I wanted to get feedback and clarification or see what people feel about the situation. Here it goes, ...
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Hello.
I want to purchase real estate at a foreclosure auction in the future. Initially, I would like to buy an apartment. Currently, I am in the process of studying all the documentation and trying to find out how ...
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The words “insurance in Florida” can strike fear in the hearts of investors, but I’ve got 5 TIPS that can help you navigate this expense a little easier*: 1. Pay attention to the age of the property. Nick Massey, Di...