A house I'm considering purchasing has a pest problem, and there are a lot of rodent droppings in the garage and attic. If I go through with purchasing it, I'm planning to hire a pest control company to get rid of the...
Hello BP members and investors. I am an Asset Protection Attorney specifically for Real Estate Investors. I see lots of questions on this topic about how to structure your companies and protect your investments, but n...
We have a good Tenant who has been operating a daycare, prior to Covid, she had 6 children allowed in the Lease. (State licensed her for 8, but she did not notify us ahead of time about her business). We need to re-wr...
I just met with a lawyer this morning, he wants 1250 bucks to do my LLC formation papers, I understand I can do this online but I want to make sure that everything in the future that I do is air tight and Im willing t...
All - we just learnt from her mom that our tenant died yesterday. She lived at our property with her children. Wanted to understand what our responsibilities and next steps would be regarding 1. termination of lease 2...
Hi, I'm trying to start investing in non-performing mortgage notes in hopes of finding notes where I can evict homeowners and flip the house. What's the best way to do research on what other loans have the property a...
Live in California and have 2 rental properties in Cleveland with a total value of 150K at most, is creating an LLC for each property a viable option for asset protection?
Hello again,So I own a unit on the second story and my tenant (who is being removed and moving August 3rd due to non renewal of contract) has broken their toilet twice.Water has flooded from my powder room into his po...
Hey, Bigger Pockets Family!I am just getting started in my real estate investing journey and working to lay a solid foundation in wisdom and knowledge. I believe it is wise to develop a general (if not thorough) under...
Myself an REI newbie, 2 rehab/flips and 1 rental leads me to this question. I use the residential lease contract TREC, and my rental is here in Houston.
It has rocked along fine for the past year. Now, talking to new...