Michael Seutin
how many of you hold your rental properties in your name?
After holding a few properties in my name, I decided to start an LLC for asset protection as it is recommended everywhere, so my latest property is held in that LLC.
I find it so unconvenient to have an LLC, insurers ...
Tom Anderson
Help! Crime Scene Cleaning Co. Aftermath Inc. is asking for $48k
Hi BiggerPockets!,I'm hoping someone can give me some solid advice here. The police called me this morning to let me know that a tenant (not on a lease) but living with someone who is on the lease, took his own life t...
Andrea Tapp
Talking about contract terms when planning to assign the contract
How do you share information with your sellers when you are planning to assign a contract to another buyer? Do you disclose to your sellers that you are going to be selling the home immediately to another investor and...
Bill Couture
Issuing rent receipts for rent payments?
Hello. What are your thoughts on mailing a receipt every time rent is received? I have a resident complaining that I don't mail one after explaining that her cancelled check or money order stub is proof of payment. I ...
Steve Funder
United Socialist Peoples Republic of America
I love this. All of Wall Street is getting bailed out by the taxpayer. Why? Because they have “toxic assets.†Since we are abandoning free market principals (government bailing out all so called “capitalist...
Zack DeRose
How to Take Advantage of multiple Fannie/Freddie Mortgages?
On the lastest Bigger Pockets podcast (#383), Josiah Smelser mentioned that between him and his partner and their spouses, they had access for 40 Fannie/Freddie mortgages.
I looked into this strategy, seems that in o...
Account Closed
Contractor uncommunicative, work not completed - ideas?
Could anyone make a referral to lawyer specializing in home contractor disputes in the New York City area? Or have any ideas on how do deal with a contractor who has become unresponsive to my requests for receipts, it...
Tom Conant
Why are there so many scams everywhere?
Hello everyone,
Let me explain my frustration. I have been avoiding a full time W2 9-5 desk job in order to focus on strengthening my RE knowledge. Now that I have my finance degree, and tons of carpentry and labor o...
Tony H.
First Step to Deal with Inherited Tenant
Hi BP,I have been in contract for a duplex here in Sacramento. Estimated closing is mid July.There is a long time tenant in one of the unit who have lived there since previous previous owner..their rent is so low comp...
Anant Garg
Non disclosure of known material defect for residential property
Not sure if this is right thread to post this question. Let me know if that is not.This questions is related to residential property in california. As per California laws, seller has to disclose any known material de...