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Hi my cousin was getting calls from investors wanted to buy a vacant lot and the investors said it’s going to sheriff sale. My cousin thought he was being scammed because he said to these investors that his mom didn’t...
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Thoughts? Looks like he was doing some shady deals.https://therealdeal.com/miami/2020/09/30/lawsuit-seeking-class-action-status-accuses-grant-cardone-of-misleading-investors/amp/
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I've seen several posts related to losses from a BEC scam and came across this story of a title agent that lost some money to scamers and tried to recover from his E&O insurance.
The United States District Court ...
I get calls from sellers that I can convert to short sale leads but I don't want to work short sales. Monica Breckenridge mentioned in another thread that title companies negotiate short sales. Both Chicago and Fide...
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I am tired of reading about real estate investors seeking advice on where they should incorporate or how they should structure their entities for anonymity. Anonymity is NOT asset protection. To lay it out as simply ...
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Hi BiggerPockets - I am considering writing a lengthy discussion on how to invest a large lump sum of money effectively. This topic comes up for discussion a LOT here on BiggerPockets, as it seems there are many reaso...
I was told to drop my home into an LLC ASAP. It's in a single-member LLC. It's owned free and clear and now that I want to pull cash out via a refinance, no one seems to want to work with me. But if I pull it out of t...
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This isn't meant to be a long post but I have a lot of first time investors and house hackers or just investors that are new to Chicago that ask about charging a security deposit and my answer to them is NEVER charge ...
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Hello BP Community! I am considering investing in both residential multifamily properties as well as some 5-15 unit complexes. Do I need an LLC when moving forward with a commercial property in that unit range, or is ...