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Hello Everyone, I am a newly licensed real estate agent around Chicago IL. I am sure some of you transitioned to real estate out of other careers. Did you find it very difficult? How probable it is to manage two jo...
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Hello,I am going to be purchasing my first rental property shortly and am very excited to get started but want to set everything up correctly right from the start. I have a few properties in my sights. There is some...
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Hi all,I am considering doing a small private lending which would provide me a 1st position note on a property. Closing is expected in 3 weeks.I'd love to be able to service the node using my IRA money, however it is ...
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I’ve been looking into purchasing my first property so I started an LLC to help protect my personal assets from potential lawsuits. I was going to purchase it through the LLC. The banks have said the mortgage needs to...
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Hello, fellow real estate enthusiasts!
First things first, let's talk about my background. I'm currently a college student at the University of Cincinnati, working hard to expand my knowledge and skill set. But that'...
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Hi all, I have a situation that I am trying to avoid. If anyone has ever run into it before or knows how to avoid it your knowledge would be greatly appreciated.So my father-in -law and his former business partner ha...
I've been contemplating the potential benefits of focusing on direct bookings for my vacation rental properties, as opposed to relying primarily on platforms like Airbnb and VRBO. Historically, 95% of my business has ...
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So my first oppportunity to make a HML fell through as the buyer lost the house to a higher bidder at the last moment. Here is another loan request I received:
Amount of Loan: $100k
Buyer Cash-in: $38k
Property Purc...
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Hello -I'm part of a group that owns and operates an event center in the Twin Cities. We have a separate LLC for the building and one for the business. We are looking to raise a little more capital to get us through...
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Or, more specifically WHO is a real estate investor?As the term is now used, a wide variety of activities, some having almost nothing to do with investing, many having only a passive association with real property are...