Ross Kane
LLC piercing corporate veil
Hi guysI am planning to buy my first property soon. I am thinking a duplex. Maybe with tenants already in place. I am feeling overwhelmed and have many questions. But at this point I am going to reduce it to 2 questio...
Mahender Bist
Where to form LLC for legal protection - Business in AL, Living in CA
I am an investor starting my real estate journey. I am about to begin purchasing rental properties in Alabama (Birmingham) and rehabbing and renting them. Based on your experience or expertise, will an Alabama State L...
Jeremy Jackson
Anyone flipped a house with foundation issues?
Found a nice property in a nice area with foundation issues. Anyone flipped a property with foundation issues? I feel like it will be harder to unload and scare potential buyers away with this type of issue, even af...
S Harper
Situation with not-on-lease boyfriend in jail for assaulting my t
So my tenant has always said her boyfriend doesn't live there. She finally admitted two weeks ago he had moved in and asked to add him to the lease. He has not submitted an application and is not on the lease. He assa...
Brian Crowe
Tenants didn't pay their utilities, now properties liened.
I recently purchased 5 duplexes in Tampa, FL. All leases state clearly tenants pay all their own utilities. (these leases where in place when we purchased) Seller confirmed tenants pay all their own utilities. All sep...
Jason Mak
Question regarding lis pendens and 2nd 3rd loans
Greetings BP Community,
Was hoping if any experience loan investors could help me out with some questions I came across when evaluation a loan for sale on auction.com
1) Basically, I am bidding for the 1st position...
Jeff L.
Do I need to hire an attorney to create an LLC?
I need to create an LLC for financing as well as liability reasons. This thread isn't about the pros and cons of forming an LLC.Rather, my question is:Should I hire an attorney to do it "right", or is it good enough f...
Mindy Jensen
How Many Clauses Do You Have Your Tenant Sign in the Lease?
In another thread (https://www.biggerpockets.com/forums/52/topics/707296-what-does-your-lease-say-about-modifications-to-the-property) I asked what your lease says about modifications.@Cassi Justiz responded "My lease...
Jack Jones
Short Sale Question
Just got approval for short sale. I owe $200K on beach property and have an offer for $90K. In the short sale agreement it states that the lender or its investors may pursue a deficiency judgement for the difference...
Brandon Turner
[Pro Only] My Tenant Caused a Fire... and Denies it. What Would You Do? (With Photos)
Hey Pro members,
I've got a tenant at my triplex who has been causing some trouble for us, and I'd love to get your thoughts. (I'm putting this in the PRO only forum because I don't want the tenant seeing thi...