I have put myself in a bad situation. I will need your advise, especially from the legal side. I will talk to real estate lawyers as well but that will be Monday.
I am under contract with one house in Georgia. Here ...

I'm getting rid of my contractor for being extremely behind schedule and sub-par work. We have a contract in place that states that a 10% penalty is applied for each week that he late past the agreed upon completion d...

So I just received a Notice of bankruptcy. One of my tenants has filed for Chapter 13 bankruptcy. I’ve forwarded the information to a lawyer but does anyone have experience with what may happen next?

I am so excited to gain all this knowledge for free! Thank you Josh and thank you BP community I'm starting my real estate career in the wholesale dept:) I think I have found a decent cash buyer/investor but I'm not s...

Question about a land trust trustee: what are your thoughts about using a title and trust company as the land trust trustee for anonymity purposes? What are the pros and cons of using this setup, especially when it co...

CPAs and the BP community with input/knowledge/experience with large monetary gifts:New Estate and Gift Tax for 2016Sometime in 2016, my wife and I would like to give my parents a large sum of $40-60k as a gift. I und...

Hi all,I have a situation in the process of purchasing a rental property. In the Schedule B Exceptions from Coverage of the title commitment, it states a "Memorandum of Option" between previous seller and buyer in 201...

Hi all,I would love your feedback on a couple of clauses in my lease agreement. Does this make sense? What I want to say:- Before going to court, let's use mediation.- We each pay our own mediation fees.- List the usu...

A tenant in a condo that I was the broker for has not paid up to his lease obligation. He sent an email that he would vacate the property to 3/31/08 but has not paid the March rent. He is on a year's lease that ends 5...

I hear many of the podcast guest mention partnerships. My question is: How do you recommend setting up the partnerships from the beginning so that both partners have the same vision and goals in mind for a property? J...