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I'm not sure if this is the right spot to ask this question, so please let me know if it's incorrect. My father-in-law has been dabbling in real estate since he purchased his first parcel of land at 16. He's a small t...
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Hello Experts,I am looking for some advice on what route to take. I have a group of friends that they are looking to invest in Real Estate in some deals together, but we are not clear on how to make sure we structure ...
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Having some trouble finding a lot of quality info on the business side of getting started. Do most of you have an LLC or something similar to conduct the business? Is that the right move? Tips and advice on what qu...
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Hello,I won two properties on auction.comBoth have judgements on them as per the preliminary title report and doing my due diligence I found at clerks office.Property 1) 8k lien from credit cardProperty 2) 2k and anot...
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Thanks for reading this post.I understand that setting up an LLC is not required in RE, and if anything it can be a pain to file returns depending on how you set up your LLC's.However, I am looking at a couple of prop...
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I often see many wholesale websites and investors in general say they will make an owner an offer within 48 hours of seeing the property and can close in 7 days. I know people out there are very good at estimating reh...
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I have been reading more and more about this and am trying to get a better grip on understanding it.
As a seller, how does it work when someone offers you seller financing proposal? Who writes up the paperwork? I re...
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I recently had an issue with the power going out in a Chicago unit of mine. ComEd turned the power off due to non-payment(though ComEd never warned me or tenants which they are required to do by Illinois law), but I h...
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Hello! I recently started an LLC with two other investors and we are looking to BRRR SF homes in the Philadelphia area. We wanted to create an LLC for each property we buy so that each home is protected separately. Si...
My family has a condo in a community that has two associations, one for the overall community and one for the condo subdivision we live in. My mother fell behind on payments a few years ago. We moved in three years ag...