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Results (1331)
Account Closed Tenant threatening legal action over security deposit
9 September 2022 | 36 replies

Hi Bigger Pockets -- I have a situation I'm not sure how to deal with, am hoping for your help. For context, I am a new investor who is househacking my first property; at this time I do not have a lawyer, and the hous...

Maciej G. Tenant threatens to sue me for $20 000
15 September 2024 | 61 replies

Hello everyoneI am relatively new to being a landlord and today I had very unusual situation that I don't exactly know how to tackle.I own a 3 story building with poor attic insulation and during the summer the attic ...

Hersh M. Texas ongoing bad weather
2 November 2015 | 11 replies

Floods, flash floods and tornado warnings in most parts of Texas seem to be all over the weather news currently. Looks like its all over including Dallas, Austin, Houston, San Antonio. Hopefully things get better from...

Don Harris Default borrower has offered to quit claim deed back
7 August 2016 | 8 replies

I have two notes in default. I've done multiple transactions with both borrowers. One is in a judicial state and the the other is in a non judicial state. In both cases the borrowers have offered to Quit Claim deed th...

Jeff S. Budgets in LLC
22 June 2011 | 10 replies

Do any of you do budgets and financial statements annualy with an annual meeting for your LLC's?

Am setting up an area specific LLC and will transfer a property into it. Looking for feedback on how far you go with sm...

Arthur Mayer How are Delinquent Taxes handled/accounted for on NPN 1sts
20 August 2015 | 6 replies

Hi guys, I was hoping at add a few notes to my LLC, and I had a quick question on Delinquent Property taxes on a note. In terms of analysis/due dilligence, do you account the delinquent taxes in your CLTV when analyzi...

Account Closed Using Subject To, to Get "Free" Properties - A Quick Guideline
13 March 2024 | 70 replies

I often buy using Subject To to buy properties. If you choose to use this technique these are some of the Pitfalls to watch out for.
Subject To Pitfalls
1. The bank can call the loan due (due on sale cause).
2. You...

David P. Got into contract and realtor and lender are now upset
17 May 2022 | 38 replies

Long story short. I got into contract for a duplex 80k off list price with the listing agent who had me pre-approved with her preferred lender. She has a long working history with this lender and at this point I'm sen...

Michael Plaks EXPLAINED: IRS audit "insurance" - no more fear of an audit?
4 November 2023 | 2 replies

This is a follow-up to my recent post about IRA audit myths. In this long sequel, I will discuss hiring audit and "IRS audit insurance."
1. DIY IRS audits.
Can you defend yourself against an IRS audit without hired ...

N/A N/A Section 8 tenant mold=landlord headache... what to do next?
30 January 2019 | 11 replies

Hi all, new to site. I thought I would put this out there and get your opinion on the situation.
I have a section 8 tenant that has been in the house for 4 years, not completely troublefree, but decent. Anyway, al...