I've been in this business for years and years, hundreds of units and untold thousands of tenants later, someone finally filed a lawsuit against us for their deposit not being returned.The story is the tenant was inhe...

Hello everyone: I have been approached by my management company to look into refinancing my (2) 3 family units located in the Bronx Here is part of the proposal agreement. Please give my your thoughts. I am have no ex...

I had my property manager tear down a garage on one of my properties last year. In the process, the contractor damaged part of the neighbor's fence.  The neighbor then filed a claim with their insurance company, Natio...

howdy, from dallas tx. i'm a full time professional musician, and my income fluctuates seasonally, as well as being all 1099s.  i've been approved for around $150k on a bank statement loan at 8%, 30yrs fixed, with a m...

I have been doing research to set up a corporation. I think that an S-Corporation would be the best setup, but I see that no more than 25 percent of the gross corporate income may by derived from passive income. I als...

So I understand LLCs. I'm not looking for a lesson on the benefits. I am 1 fax away from having an attorney set up my multi-member entity, Operating Agreement, etc.I also understand the reasons why banks don't like le...

What
is the difference between finding deals on Crowdstreet or just reaching
out to companies like Grocapitus? I'm just starting to find my way into
passive investing. why would one go to one company over the si...

Hi BiggerPockets community,I just started my research into real estate syndication as an investment vehicle for passive investors. My goal is to learn as much as I can from all the pros in the community and make my fi...

Hi all,I've been mostly invested in stocks / ETFs so far and only recently been approached by a friend looking for LPs in a syndication deal. Looking at the IRR of 13%, it's seems to be almost equivalent to average ex...

Do existing mortgages get removed from a property that is sold at a tax deed sale in California?  TLDR: All my research seems to indicate that an existing mortgage would be removed.  However, I asked Chat GPT this que...