Lisa D.
Water damage-Tenant did not report leaking dishwasher
I am so upset that I could cry. My tenant notified me a couple weeks ago that "in the past week the dishwasher has been leaking". She forwarded pictures to me showing that the pantry next to it has water damage so s...
Kris Kahrs
Los Angeles Real Estate Market - No Inventory?
My realtor states that there is no inventory in the Los Angeles marketplace & that's why the prices are so high. I told him that Zillow says the L.A. area has approx. 11,701 properties for sale, so if there is no...
Mitchell Litam
strange white bumps on wall
Does anyone know what this is? How to fix it? What may have caused it so I can address it?As said before it is the staircase on the first floor leading up into the main area.It is on the porch area and is an exterior ...
Karen King
I feel like a total idiot! S.Corp set up by Guru company :( 2600$
I am new to bigger pockets, been listening to the podcast for last few months. I just went through forums on LLC and I feel like a total idiot. Here it goes. My husband and I attended a Guru investing tax lien semin...
Miguel Feliciano
Multi-Member LLC Taxation
I recently filed for an LLC with the state of Florida that includes myself and two others.When filing for an EIN, if I choose to be taxed as an S Corp (form 2553); will my LLC become an S Corp or remain as an LLC with...
Keeya WangJones
Texas New Law: Can’t tour properties until an agreement is signed
Hi BP community,I’m looking to invest in Texas and there’s a new law that the buyer must sign agreement with one realtor company or agent for the potential property. The buyer can not tour the property until they sign...
David Toupin
1st Apartment Purchase Questions - 24 unit
Hello BP community! I am looking at a 24 unit apartment building currently. All of the numbers work, and I am ready to move forward. I don't have the funds for the down payment and I am talking with a few investors...
Viral Mehta
Seller backing out of a signed contract in Texas
I signed a purchase agreement for my first investment property in Texas - the original closing date was early April. I paid my earnest money on time and have my loan ready to go. However, it turns out that the seller'...
Andy K
Sewer line backup happened twice due to tenant negligience
Hi all,We have a rental property, where we had a sewer line backup happen in February last year. The sewer water came out of the toilet on the first level and destroyed the carpet, drywall, etc. Had to call the insura...
Bienes Raices
LLC, lawsuit, and equity in property
This post is a follow up to a statement made on another LLC thread...it was stated that you should worry more about the amount of equity you have in one LLC's properties, rather than about how many properties you own ...