If a first lien is in default and rather than be foreclosed on, all parties agree to a DIL, is the second lien extinguished as if it had gone through a full foreclosure or does it still exist?  If it still exists, I a...

Hey BP nation! So my business partner and I need to get our operating agreement set up as well as a solid joint venture template that can be adjusted for every deal. Basically, our financiers don't want "something off...

Working on some direct mail pieces for absentee landlords - what were the hardest lessons you learned as a landlord - the kinds of things that -almost- made you throw in the towel.

For me, it was listening to late re...

Hello BiggerPockets!

I am negotiating my very first property management agreement. This management firm has a strong reputation, and I spoke with not only the firm itself at length, but also two of their customers (...

Hey everyone, I am new to the Bigger Pockets forums and have a question regarding a potential transaction. My girlfriend and I live together in a house that she owns. The home has a detached garage in back and is zone...

How do you deal with showing a property that filthy tenants currently live in?  I hate to show the house in the shape it is in and I cant force the current renters to clean up their act... Dirty dishes, laundry...Stuf...

I have few residential rental properties, for which me and my wife are on mortgage but did deed transfer to LLC. But as for filing taxes we elected as S-Corp, it's been few years we have this set up, but learned that ...

I find them almost unreadable now. Finding a good post to respond to takes me close to ten minutes. There is so much AI, reverse trolling, and one-line posts that the moderators can't keep up. And I know because I was...

Hello BP, I am currently looking at a value-add multifamily deal that is 13 units. I would be purchasing this in a syndication. Let's say I want to hypothetically spend about 7k/door on renovations to get my pops in r...

Hi everyone. I have the option to purchase 2 different triplexes and I need help analyzing the deals - getting opinions on the best way to structure the deals and also opinions on which seems to be a better deal since...