So many people ask about setting up an LLC or purchasing umbrella insurance to protect their assets from a lawsuit. I personally think the risk is exaggerated and these protections aren't as necessary as one would thi...
I'm really ticked....I've had to deal with back to back evictions on this property. The first tenants wife died....(not in the home). But, anyway she committed suicide and put the remaining tenant (her husband), int...
I am a newbie to RE. I am getting a lot of private lenders' emails every day. Most of them send emails from official email addresses and no contact information is mentioned. Are they legit to talk to them? or scammers...
Hello BP community!!My name is Shawn, from Canada (Quebec city). I am currently reading Brandon Turner's: "The Book on Rental Property Investing," as I came upon the following sentence: "working with an agent is a n...
Hi guys,
I'm in contact on a rehab deal and I'm contemplating if I should go with hard money or rather with an equity partner.
The basics of the deal is
100k purchase price.
25k rehab.
180 ARV.
This should be a...
Hello everyone,I have a fun situation down here in Florida that I was trying to work through. Basically I have a bully of a tenant and back in March I filed a termination letter of their month-to-month tenancy to get ...
Several months ago I filed a BBB claim about the flooding in the 930 Poydras "luxury" apartments in New Orleans. Since then my neighbors and I have experienced more of the same. When some of us dared to report such ...
Can a person who has multiple 5-10 single family homes that are on conventional mortgages transfer them into an LLC for the protection?
Hey all,I just bought a new house in August, 2017. We moved in and remodeled the basement into a 2 bedroom unit. We added the 2 rooms, a bathroom and a kitchenette with brand new everything down there. We also did qui...
Hi, I am a recently new real estate investor and is looking to buy my first property around Jacksonville, FL and I would like some helps clarifying what are the best efficient process to buy a property.First, I origin...