Buddy Patrick
Irrevocable Trust / Any other trust used to protect assets
Hey what are you doing outside of an LLC for asset protection in regards to rental property? I have heard of these "bullet proof" irrevocable trust but I haven't met anyone personally that has had one set up for them....
Andrew Erickson
HELP! Family inherited commercial property and it's a mess
Ok, here is a long story short. My grandmother bought into a piece of commercial property back in the mid 70's. It is an industrial building used by a plastic factory in LA, CA. The agreement was all done as a handsha...
Michael Scrogan
Newbie Getting Ducks in a Line: RE Team questions
Hello BiggerPockets People,I am in the initial stages of planning and doing all the research I can by reading everything I can. My plan is to buy my first rental property in the next 2-3 Months. In reading Dorkin and ...
Linda Thomas
Help with tenant issue please
Tenant living there for 3 yrs. She abandoned the property a few months ago which I just found out about. Her ex moved in 4 months ago which I also just found out about and he won't leave the property. I think i need t...
Jeremy Morgan
Potential buy with Difficult Tenant
Good Morning - We are looking to invest in our first property and came across an interesting opportunity. My mother put us in touch with an old family friend that is looking to sell her recently deceased father's home...
Carole G.
Month-to-month eviction question
I rent out a home in Mesa Az to my son and then rent out the other bedrooms. One of the tenants, who is month to month, has not paid May rent (or June), and my son also caught him stealing something from my son today...
Amol Kench
Deducting repaint cost from rental deposit
During tenant move-out inspection, I noticed wall art stickers and crayon marks on several walls, doors and cabinets. Couple of blinds were broken. Also tenants left several items behind and did not arrange to clean u...
Scott Bogue
Advice needed on Flip Disaster
Need some much needed advice and path forward. I bought a wholesale property last January using a hard money loan with 80k in renovations. My General Contractor ended up being a horror story and stole money as well as...
Michael Yan
Attorney question - Buy multi-unit in Baltimore from PA
I live in PA, under contract to buy property in Baltimore. Two questions related to legal:1)I signed the sales agreement, the seller has not. Is it too late to hire a lawyer?2)If it is not too late, should I get a law...
Rick Baker
Typical commercial lease
I'm sorry for such a basic question, but I'm not very familiar with standard commercial leases. Ive only dealt in residential rentals. I'm in the process of negotiating a lease on some commercial property for another...