![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/78581/small_1621415384-avatar-vandelay90.jpg?twic=v1/output=image&v=2)
Hi,
I've got a general question that I could not find on here. I apologize if it has been asked previously. Generally speaking, if a rental owner decides to end his/her professional relationship with a property manag...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/493264/small_1621479156-avatar-katherinec21.jpg?twic=v1/output=image&v=2)
Hi all,I've heard that it's smart in an asset protection way if you setup a Revocable Living Trust to run your LLC if your LLC is a real estate investing company (i.e we flip houses). I don't know much about this conc...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/161203/small_1621420305-avatar-justinmh.jpg?twic=v1/output=image&v=2)
Has anyone done a conventional (Fannie/Freddie) loan on any of your investment properties, then transferred the deed into your Corporation or LLC to achieve asset protection?
IF YES, did the lending instituti...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/721836/small_1658843401-avatar-ivoryestate.jpg?twic=v1/output=image&v=2)
Option - In legal language, a real estate option is an agreement that grants the party owning the option, the optionee, the exclusive, unrestricted, and irrevocable right to purchase property from the party selling th...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/999419/small_1621507137-avatar-josephp172.jpg?twic=v1/output=image&v=2)
Went under contract on a 5-unit office/retail property this past week. Was on the market for a year, few offers made but none good enough for seller to accept.Was able to talk seller into a lease with option (seller f...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/266494/small_1621437574-avatar-joshgfc.jpg?twic=v1/output=image&v=2)
I'm too young to have a heart attack but that's what I just went through dealing with NREIG. Long story short I'm getting a portfolio loan through LimaOneCapital and they have some pretty specific request when it com...
Would you ever use the "subject to" method to get a buy and hold property if you had to pay full retail for the house? I've watched several of my neighbor's houses sit for 6 months or a year with a for sale sign in th...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2550376/small_1694680998-avatar-ashleyr233.jpg?twic=v1/output=image&v=2)
We have an applicant trying to complete an application for one of our rentals, but they do not have a social security number or a driver's license number- which are required fields for our background and credit check....
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/158784/small_1621420149-avatar-rickh.jpg?twic=v1/output=image&v=2)
Was just told today by a Chicago area attorney who works with a lot of investors that he has seen a sharp increase lately in banks calling notes due.Very curious if anyone else is seeing this.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/168946/small_1621421008-avatar-poodleheadmikey.jpg?twic=v1/output=image&v=2)
I own an now long since abandoned house in NJ. There was no mortgage but the taxes and W/S bills now far exceed any possible value of the property. The town used to clean up the property and then put a lien on the p...