Good afternoon to all ! I am analyzing 1 property which is listed on Hubzu auction. I found out that there are multiple code violations on the property and the seller (DEUTSCHE BANK) received LIS PENDENS from city Chi...
Does anyone have any advice on how to turn their primary residence into a rental when upgrading to a new home? I want to keep my first house as a rental but transfer the title to an LLC. I understand that will activ...
Hello BP friends,I have some questions regarding what I am legally allowed to do with a difficult tenant and working through the process of moving them out so that we can sell the house. Thanks in advance...My tenant...
Would you use Legal Zoom to form your LLC for real estate or would you use a local lawyer? Why?
I have an applicant with a service animal that is interested in my property, which is a 4-unit building that doesn't allow pets. I understand that a service animal is not a pet, but I do not want the other tenants in ...
Hi to all,
I had a consultation from a referred lawyer (here on BiggerPockets) a couple of days ago. The Youtube videos and a few reviews were excellent.. but the person that I had as an advisor was a "presenter" no...
Hi - what are everyone's thoughts on getting an llc on rental properties? I have heard a lot of conflicting advice on getting one. I have heard some recommend it, other's say the liability insurance should cover it, a...
Hello Everyone … always get great advise here! We are looking to use preferred equity on our new deal..What was your experience with preferred equity? Would your recommend going with preferred equity?
Looking for guidance about setting up direct bookings for guests outside of platforms like Airbnb, VRBO for both guests and myself as the host to avoid the fees. How do you go about vetting inquiries to ensure it’s t...
I talked to an attorney who looked over my current situation (1 LLC) and recommended instead of having one LLC holding 15+ properties to divide them among smaller LLCs that contain fewer properties to separate them i...