I have tenant who is in jail. He owes back rent. I found out he’s in jail from his father who called me. It seems he is cooperative, wants his belonging stored and to get out of his lease. The tenant asked his father ...
I was told by my agent that you can’t have renters in your SFH and I’ve listened to podcast about people doing it. So is it legal?
Hello BP community i'm a newbie in the world of real estate investing with a plan to build a long term rental portfolio. I plan on building this portfolio through direct mail and driving for dollars. Since i might run...
I've heard recently that the town I own rentals in (Marion, IA) is saying that section 8 is a "legal source of income" and that you can't say outright "no section 8", etc in your ads.I don't like the idea of being es...
I really want to work with a lawyer right now in setting up the structure of my business plus assist me with deals when I have questions however I just cannot afford legal fees right now. I have heard many people talk...
Hi,
Please let me know how you protect yourself against the rent default and legal expenses that may occur with a rental.
Thank you.
Catherine
I have been building/selling single homes for a while now, and I have been approached by friends and acquaintances wanting to invest in the next project. I would like to formalize a syndication agreement (which I neve...
Hello all. I have searched the threads and have not found a result that directly answers what I am looking for. I am a licensed realtor in Texas and am looking to start a legal entity for wholesaling. I eventually p...
I recently retired from a large municipality but continue to do contract work. I have a pension, a 401a (pre tax), a 457b (pre tax), a SEP, and cash savings. My wife has an IRA. Additionally, we are selling our pri...
For landlords self managing LLC owned rentals, what insurance you take in addition to dwelling fire policy? I have landlord insurance on personal lines with llc as named insured.Wondering if there are insurance optio...