Hello Fellow BP Members,I am a newbie investor in the process of investing in tax delinquent vacant lots for the purpose or reselling. I've found a few properties that I'm interested in that I will be sending offer le...

In the Latest April News Podcast the guest host stated that banks never enforce the due on sale clause if the mortgage is transferred from an individual to an LLC. In fact he stated they rarely find out because they g...

We just went under contract with a cabin purchase that is self-managed as a vacation rental.  The 2 platforms being used are Airbnb and VRBO.  The cabin is booked solid after we close.  Does anyone have any insight in...

I am in the process of screening a tenant that is relocating from Germany.  Their company is going to pay their living expenses while they are in the US.  We were getting ready to sign a 1-year lease but my realtor in...

Hi! I will try to provide some details in a succinct way:
- My husband's LLC owns a property with 15 rentals on it.
- My LLC manages them.
- My husband is selling the property.
- The buyer hired a different manage...

Hi All,I was wondering if anyone has had experience with transferring a PennyMac Loan from your name to an LLC.  We talked to a lawyer and they said the lender should be able to provide documentation that "due on sale...

Hello BP,An owner of multiple units reached out to me and was interested in my property management company. One of his questions was the transition of the properties from his current PMC to mine. From everyone’s exper...

I see many conflicting opinions on BiggerPockets regarding forming an LLC.  Specifically, the merits of a umbrella policy vs LLC protection, etc.  That's not what this question is. :)Everyone always mentions the inabi...

We purchased a building in Jan with a bad tenant in Chicago, IL.
The previous landlord had a simple 2 page lease without information about security deposit, etc..

Now that tenant is suing us for not disclos...

Under contract in Michigan, home was planning to stay in my name and I was going to when needed get an umbrella policy in my name (primary residence in florida) of a few million for ithowever I am being told as I am o...