I went to cheap way, and formed an LLC (Florida) online without speaking to an attorney first. I know, fools rush in where angels fear to tread.My LLC just acquired 2 condos that need a little rehab. After rehab, the ...

Asking for BP landlord wisdom on handling a tenant argument regarding additional fee/security deposit for a puppy. I’m in GA.
I just approved a puppy at one of my rentals. This is not typical, but there was a reason ...

Hi, all. I just closed yesterday on my second SFR with inherited tenants who have been there 5 years. As of today, they have not paid rent for the month ( was due on the first). We tried getting the previous managemen...

Here is the situation.  Dad passed away and there is an IRS Lien on his name.  He owed a house that is worth 30-50K maybe.  Lien is in the upper 20k range.  The lien has been on file since 2103 so in 2023 the lien is ...

I'm a landlord who owns a Single Family Residential home with a detached unit in the back in Los Angeles County. The detached unit is about 95% done before the City Inspector can sign off on it and give me the Certifi...

What's everyone's stance on having their renters carry renters liability insurance?

I'm looking at buying a home in Brownstown Township.  I have 1 rental that was my primary and converted into a rental when I moved in December 2010.  Apparently Woodhaven instituted a certificate of occupancy in April...

Hey everyone, this is my first post on the BP Forum. I have been listening for a while to the podcast and I've also read the UBG and trolled the boards a bit. I am finishing up my student teaching experience this s...

I am a real estate investor in Grand Rapids, MI and Anna Maria Island FL, and I am looking into purchasing a small airplane for both personal and business use. I currently have an LLC that holds 5 properties in MI and...

Don't know what's the next step is. Any input will be greatly appreciated!
A little bit of background here:
In July of 2020, my previous tenant was financially affected by the pandemic and couldn't afford the rent. ...