Nathan Gesner
Why you SHOULD allow animals
This is probably the best study I've found on the benefits of renting to pet owners. Too many Landlords believe pets cause too many problems and result in a loss of revenue. This study found the opposite to be true. B...
Hank Olken
Ethics Around Reducing Tax Liability
Hi all, as I've been getting more into real estate investing, it's become quite clear that the US tax code favors business owners and real estate investors rather than W2 employees or self-employed business owners. On...
Michael J Scanlon
Fiduciary responsibility when wholesaling
I have someone who is a family friend who has had their father pass away. They want to get rid of his condo ASAP. They don’t want the trouble.I am an agent (but a newer one) and can list the place but they would also ...
Matthew Wright
Sellers Lawyer Steals Deal
Anyone ever have a great deal (verbal) going with a seller and have the seller consult their attorney about the upcoming transaction and have the attorney steal the deal? I did and it isnt a good feeling. Its what I w...
Dar Fornelli
Tenants paid full rent late, but have not paid late fee
For the second month in row, my tenants have paid rent 3+ days late. My lease states the following: Shall tenant(s) accounts not be paid in full by 4:00 pm on the 2nd day of the month, a late charge of twenty five dol...
Ray Hurteau
Help needed with COMPLEX deal involving 3+ parties (lease option & private money)
Hello BP Forum... My partner and I have a potential deal and it's not straightforward... we've never done a lease option, but we're not about to let a little complexity discourage us from this deal.
What will discour...
David Cianci
Should I create an LLC before I buy my first property?
Hello, curious to ask if I should create an LLC before I purchase a real estate property. I will most likely either buy a house hack, small multifamily, or partner deal with my first purchase. I understand that banks ...
Bill Coleman
Pot growers in rental: Opinion? (yes I am in Colorado)
The newest trend sweeping the rental market (from my perspective) in Colorado is that many tenants want the right to grow pot in the unit. I can see downsides and upsides.Downs: messy, elevated risk of break-ins and ...
Patrick Froehlich
Anyone begin their real estate journey in their late 40s?
I am would like to start investing in real estate but am in my late 40s. Anyone investors on BiggerPockets start that late in life? Any suggestions? Thanks in advance.
Marc Pfleger
Protecting my money in a rehab partnership
I am considering partnering with a contractor on a rehab and need some ideas on how to protect my investment in the property. The contractor used a hard money loan to acquire the property and would like for me to ...