Rookie mistake! I bought my first property under my own personal SSN instead of buying it under an LLC. How can I protect it against potential lawsuits? Thanks

I've been in this business for years and years, hundreds of units and untold thousands of tenants later, someone finally filed a lawsuit against us for their deposit not being returned.The story is the tenant was inhe...

Hello all. I'm a new investor and currently have 2 rentals (1 vacant and only recently renovated). For the rented property,  during the pandemic,  I muddied the waters and used my personal funds to pay for renovation,...

Hello, and thank you for taking time to read my question.  I have never dealt with a bank or broker for mortgage services.  I paid cash for a tax sale property 4 years ago.  I did a substantial remodel with out of poc...

Hey BP,Do you know of any HELOC lenders that lend on investment properties? Preferably interest only and above 80% LTV. While the market is stalling a little my wife and I are considering the "Shred Method" to pay off...

Hello,
Visited a lawyer today to update some wills. He advised we start a trust and also put my 3 rental properties into a LLC.
I see the pro's that he mentions but any con's that I just dont see other than this ini...

Hello all, just a quick introduction.  New to real estate investments.  Closing a deal in suburbs of Texas. Took out HELOC from my home in California and was able to pay cash for a home in Houston.  Maybe not the best...

Is it usually a good idea to hold a portfolio of rental properties during your retirement, or is it smarter to move into safer assets, like bonds? If you are holding rentals during retirement, aren't you risking a pot...

I understand that a lot of people prefer to structure their rental entities as LLCs to provide added liability protection. This can be mostly useful in the event of a tenant injuring themselves and trying to sue, as l...

I am working with a new PM company out of state and below is the verbiage in their contract. Want to make sure this is standard. Liability of Property Manager: Property Manager shall indemnify, defend and hold harmles...