My lender suggested moving a multi-family from my personal name to an LLC immediately post-closing via quit claim deed. Does anyone have experience with this (even better if in Chicago)?
According to the City of Chi...

We are a year away from having our son start college. We are thinking about buying a 3-4 bedroom place where he would live and we'd rent the other bedrooms.  After he graduates, we'd rent out the whole thing.  This wo...

Hey everyone,I am getting ready to send out a new marketing campaign to absentee wholesale leads. Below is what our new postcard mailer looks like. We wanted to keep it simple, and to the point. Any thoughts, or criti...

Good day, I bought my first 2 properties in 2024. I purchased then started the remodel before trying to rent. One was completed and rented in OCT, the other I am not done with and will be in service Feb 2025.  I under...

Hi there!
I’ve started an LLC to buy my first residential investment property. I will be able to provide a 20% down payment through the LLC, but the question I have is: don’t I need to personally guarantee the loan b...

I currently own 3 single family properties which I rent out. I am in the process of trying to secure more. I have a simple DBA. I am thinking about forming an LLC to provide myself some protections. At the same time,...

My daughter is starting a 5 year graduate school program for which she will be paid a decent amount as a graduate research assistant.  I am considering helping her buy a house (we will both be on the loan and title) i...

I have a SFR that I just put on the rental market after two years of remodeling.  The place is brand new from the studs in.  I have had a myriad of unqualified people inquire.  I did get a request from a person who is...

Hi all,
There's a home I'm interested in renting that I saw on Zillow and reached out to the landlord. She is saying that she needs for me to apply via Zillow (there's a $29 universal credit/background check that can...

LLCs are not the magical barrier to personal lawsuits that many believe. The same is true for closely held corporations. There seems to be a common misconception that putting REIs into one or more LLCs will protect th...