Alejandro Lee
is an LLC really necessary?
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?
Jacob Beg
Will this invalidate an insurance claim?
Hi All- I purchased a property from a Trustee foreclosure sale. The risk of loss (fire, accident etc) passes on to the purchaser from the purchase date. It took me a few days to get in touch with the occupant who was ...
Arthur Mayer
Purchased a note with no pay history
Hey fellow investors,I recently purchased a note from the FCI Exchange, but come to find out there is no pay history, and FCI Services will not service a NPN without a pay history. I attempted contact the previous not...
Account Closed
Which To Choose: LLC or S Corp
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...
Kimnee L.
Handyman fell down the roof
Hi all. I am wondering what my liability is when someone fell down my roof. Recently it was raining hard. Tenant called me, and I asked another tenant who had repaired roofs for me before. He has no license. He then t...
Al Williamson
Tenant Request for Compensation
Got a call from a tenant telling me that a blade on her ceiling fan flew off and almost hit her. I apologized but went silent when she said she wanted to be compensated for the mishap. I told her we would talk about i...
Edward Stephens
Transferring Real Estate into an Entity - Due on Sale?
Dear BP Family, I'll soon be the owner of a piece of real estate, and want to enjoy the asset protection afforded by an LLC. Has anyone on BP been successful in transferring ownership of mortgaged real estate from t...
Nicholas Bolcon
Starting Out and Question on Work Without a Permit
Hello Bigger Pockets community, My name is Nick, I am from Rhode Island, and I am trying to get my foot in the door of the rental property business. I have been browsing the forums for a while now but just got around...
Al Williamson
Landlord 2.0 - Will You Take Part In New Trend
Do you agree next-generation landlords will be more engaged with peer-to-peer sharing, purchasing, and funding?Many like @J Martin and @Brandon Turner are open to AirBnB types of offering, but will progressive landlor...
Michael Rossi
"The Next Level"
I often hear the gurus and paid mentors talk about taking your business to "the next level". I'm wondering what that means. Does that mean that you should never be satisfied with the size of your business? Does tha...