James W.
Getting sued by tenant for fall on my commercial property
I own a commercial property in a LLC and back in 2014, I did some renovations on the building. During the renovation, one of my tenants claims she tripped and broke her hip on some loose gravel that was displaced by ...
Nick Leamon
Prospective Tenents Running a Daycare
So I am currently in the process of re-renting a property, one of my potential applicants is a couple who run a day care out of their house. They are licensed with the state and have been for 4 years, they have provid...
Kim Martin
Mortgage company wants to initiate Due on Sale clause
Closed on 2nd rental property in July. I have successfully setup LLC and am trying to transfer property into LLC. When I initially spoke with customer service rep at RoundPoint Mortgage(my original mortgage was sold ...
Wayne Littrell
Joining an existing S Corp
I plan to complete a cash purchase of a property with personal funds, closing it into an existing S Corp that I would be joining (Illinois), which right now has minimal assets. As I am new to the business of real est...
James Hiddle
Wells Fargo Cancels Trip To Vegas For Employees
WASHINGTON – Wells Fargo & Co . abruptly reconsidered a pricey Las Vegas casino junket Tuesday after a torrent of criticism that it was misusing $25 billion in taxpayer bailout money.
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Tyler Dreher
New Investor from Houston, TX
Hello BP Community,I have been on the site and listening to the podcast for a while now, but have just recently decided to get more involved in the forum. My wife and I are originally from Nashville, TN and moved to H...
Christian Sobiech
Building A Two Family Home - Stick Build or Modular
Hello BP! This is my first post, but I am a long time follower/fan of the podcast and forums.I'm a buy and hold investor, I came across an opportunity a couple years back of obtaining a building lot. The lot had a 2...
Darryl E Johnson
Rental Property Strategy
Does anyone have any advice on how to use your primary residence as an investment property?
Is it smart to transfer the house into your LLC? What are the pros and cons?
Jerry Stanford
Vacant Motel Property
I've noted a vacant motel property that's been vacant for more than a year. I'm wondering where to start as far as determining if it would even be worthwhile as a wholesale deal. I have a feeling it's going to be tor...
Jonathan Beaumont
Should I fix the roof on my rental or wait.
I had several roofers come out and tell me that my roof is in bad shape and needs to be repaired urgently. The inspector and my property manager said there are no leaks in the units. Should I hold off, or should I get...