All Forum Posts by: Seyi A.

Hi BP Fam,

If I set up an LLC in, say, Illinois, and then purchase a property in Ohio, renovate and sell it, does that count as "doing business in Ohio" such that I would have to register that Illinois LLC in Ohio as a foreign entity doing business in the state of Ohio? Thanks in advance.

Welcome to Chicago!  I'm also a transplant though, after 8 years, I can probably be considered a local.  Feel free to PM me with any questions, happy help.

@Chris Mason

Got it, many thanks!

@Rachelle Stello

Thanks Rachelle for giving a straightforward response without attitude. I wish more forum posters were like you. :)

@Chris Mason

Thanks. FYI, nowhere did I mention bypassing the agent to save on commissions. The basis of my question is making sure my offer actually makes it to the seller.

Hi BP Fam,

I recently found a potential deal on Redfin and went to tour it with a Redfin agent. The listing agent (someone else) was not there for the tour. I am still running the numbers, but think there's a deal to be done... but one that will depend on owner financing and/or a JV (equity split at resale) with the seller. Given that most listing agents for residential real estate seem to be... not exactly experts when it comes to creative financing, is it a good idea to try to reach out to the seller directly? I'm a little concerned the listing agent won't even transmit my offer if he feels it's too complicated. Are there any downsides to reaching out to the seller directly? Thanks in advance.

@Jonathan Klemm thank you

I’m aiming to have at least two rental properties (my first) by year end, but I’m unsure about the rental laws in Chicago.

How hard is to evict a renter in Chicago? What’s the process?

@Dulce Beltran

On more thing: don’t forget that you can charge for free at many places. Here in Chicago, every Whole Foods has free Level 2 chargers.

@Dulce Beltran

ps, if you decide to buy one, you can use my referral code to get 1,000 miles of free super charging. :)

https://ts.la/oluwaseyi30992