Hey all,Let's consider a scenario: An older family member is moving to town and buying a house. This person will put a significant portion (50%) down, so there will be plenty of equity in the property. This family mem...

Can someone give me a crash course on land contracts? We are trying to sell a house and EVERYONE interested is wanting a land contract. I understand we would essentially be the "bank" they would make payments to us. H...

We just bought a park in PA which had 20 RTO homes with several tenants that haven't paid for about a year.  When we took them through the eviction process, the judge ruled that this is a RTO contractual issue (owners...

Hi all,A San Francisco resident, I recently bought my 1st investment property out of state (an SFR) and anticipate buying future SFRs in a couple of other states going forward. I have not set up any entity to this poi...

I "house hacked" my primary home without really knowing what that was. We currently have a renter in there but the house is still in my personal name. I have separate LLC's for my rental properties and for some reason...

There seems to be a lot of confusion on BP as to how you lose the protections of an LLC or business entity. In legal terms, this is called “piercing the corporate veil.” A business entity can shield you from liabili...

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...

I have a small SFR under contract that's being sold by a flipper.  It's a turn key, good flip with a few minor issues.  We asked for a reduction in sale price for an AC not working and a clogged cleanout drain (concre...

Hello BP Fam, I'm currently looking for a great real estate attorney to work with my investment company in the Oklahoma City area. Preferably an attorney that is very familiar with structuring & closing Owner fina...

Hey All!I've been spending time coming up with my strategy to get my first property by the end of the year! The level of discussion on the forums and the blog has been critical in getting my knowledge up to this point...