Hello everyone,My name is Mark and I am a life-long Chicagoan. I come from a financial industry background, but am new to real estate investing and would like to start to get more involved in the industry. This post i...
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I apologize if this issue has already been explained, and also for the length of this post. I searched all over the forums and found a few mentions but nothing comprehensive. I have also been reading for a few months...
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I'm getting all my ducks in a row before I get started investing. First, I cant seem to find a search function on this website. So here goes my question.... Should I apply for an LLC before the purchase of my first ...
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I recently spoke to an insurance salesman who told me that a judge can choose to not recognize your LLC if you do not have a business account in the LLC name that all your business activity flows through( for example ...
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Hi friends! I am in the process of buying a 3 bed, 1 bath single family home in Big Bear, CA that I primarily plan to use as a STR but would also like to visit ~20 days of the year. I currently live in LA, about 3 hou...
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The snow is starting to fly here in the Northeast and I’m trapped in doors for the next 24 hours.
With the free time I thought it a good chance to get reassurance that my current deal is a good one.
I bought a 2 fam...
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Hi everyone
Ok got a question for those of you who have purchased foreclosures. What process do you use before you go to the sheriffs sale and bid on a property. This is what I do Is there anything else I should be do...
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Backstory: I moved into a house about 4 years ago that was not lived in and in pretty bad shape (but in a good neighborhood in the hollywood hills). I made a verbal agreement with the owner (a family friend) to fix it...
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Hello!
I recently purchased my first duplex in Minnesota. There is a lot of discussion around creating an LLC or not and thought I would just create my own thread in hopes to grab a few opinions and or re-post's of ...
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I've read in multiple places that is possible to roll the closing costs into an FHA loan (but can more money). I emailed my lender to ask what that cost might be and I was informed that it's not possible. Well, these ...