Elaine Hester
Lending 101—what determines 1st position?
This sounds like a ridiculous question as I'm asking it, but I have heard of people thinking they are in 1st position when it turns out they're actually in 2nd ... since I am new to lending, I want to know what specif...
Raja Shine
Tenant moved out breaking lease; default on rent since move out.
Description:-
Tenant was on a 20 month lease (Oct '23 - June '25) on a single family home/Texas. He "talked about" the possibility of an early lease termination 6 months into his lease Apr '24 due to a new high pa...
Nat C.
Recorded lien AFTER closing
I purchased a property in Miami Dade a few years back. A year after owning it, a new tenant moved in and when she tried to turn the water service on, she was told there was a lien for unpaid water. The water company w...
Mark Suliman
$1350 should I do return or keep
Hi BiggerPockets I need your thoughts on this situation, I have a tenant in sfh (good tenant always on time with payment ) his lease was up November 30, the lease has a month to month clause, and 60 days written noti...
Mike Huerta
Newbie Question - Buying, LLC, Trust, but in what order?
Looking at buying my first single family rental. Do/should I set up a trust first, or buy the rental first, or set up an LLC then buy the rental, and then assign the trust as a member of the LLC? I'm eager and exited ...
Vladimir Gonzalez
Is illegal to pay referral fees to non realtors?
I post a ad on Facebook offering a $500 referral fee for anyone who can give and address of a crappy, ugly house. It's that illegal?
Charles David
Dollar amount on Deed is $10
I recently acquired my second property. One of the papers I had to sign at the escrow office was the Statutory Warranty Deed. It states:"THE GRANTORS Joe Jones Jr. and Janet Jane Jones, husband and wife for and in c...
John C S.
LLC /Crowdfunding
Hi BP Family I was wondering about the costs affiliated with a LLC, and what is the best way to set one up. Meaning should I go through a lawyer, accountant etc. or would legal zoom be good enough. You see I want to ...
Pedro Bartolomei
Separate llc for each investment property?
Hello BP. Is it a good practice to place each investment property under a separate llc? I think its a good idea for fix and flips but i dont know how its useful in buy and holds . Any advice is greatly appreciated
Randy Gross
Advise with title issues
i found a great deal and i don't want to lose it. upon having a title search done here are the issues:
2008 bank files for foreclose
2011 owner later files for bk (has 2 homes only included 1 home and n...