HELP!!! House under contract & the pipes burst damage in excess of $10,000!I may have told a little white lie to get you to open this thread. I don't really need help. This situation has already happened to me, bu...

Hi all, I was reading a book by Rich Dad Advisor Garrett Sutton and he mentioned opening a Wyoming LLC to hold LLCs operating in other states with weaker LLC protection. I wonder if anyone have done this? 
My main qu...

Hi guys,
I know it has been asked in many different ways before but I am looking for a more specific answer. My question is: Why have an LLC when you can just get an umbrella policy for 'x' million dollars on your pro...

So I have to put $1,500,000 in a rental somewhere. The option (for whatever reason) is either LA (appreciation) or Baltimore (cash flow).Sure, investors never can agree to disagree on which is best, but the numbers se...

My tenants haven't paid their rent since July.  I know, I'm too soft-hearted for this business, but I'm becoming less so, trust me.  After they broke their 5th (6th?) promise on Friday, I served them with a 3 day noti...

There are literally hundreds and hundreds of clauses that you can find throughout BiggerPockets that people add to their leases. However, in all my searching, I wasn't able to find one single source that lists all ...

I dont like renting to people that just recieve social service checks as income for 2 reasons.

1. If you dont work for it you dont take care of it.

2. You cant not garnish social service income.

I will be doing residential rehab/resells. I now have an equity partner. He puts up the capital, I do all the work, we split the profits 50/50.

I operate through my single owner S-Corp. My equity partner will operate...

Hello my fellow BP followers.  I'm wondering if I can get some advice from those with some experience.  Before asking, let me set you up with my goals/situation.  My wife and I have been on this track of "financial in...