Christie Duffy
Builders Risk Insurance Dropping Us - Ever Happened to You?
Hey all - I am working on a development project and we are 1 year in. We have had a lot of delays. A lot of planning has gone into the project which has taken a lot of time. But we are finally getting ready to break g...
Marcus Tanner
New Apartment Owners
I have a question that I need answered so I figured I would come to the forum to get a few answers. My sister called me yesterday because the owners of her apartment complex sold the property and she's wondering can t...
Rush Wall
Can a buyer take legal action
Hi all,I recently flipped a property in Decatur, Georgia. The buyer has sent a demand letter and is threatening to sue if I do not reimburse them for a new sewer line they installed about a month after the closing. Th...
Paul Chase
LLCs and asset protection
It's fairly well known that REI properties should be held in an LLC or a similar entity to protect your personal assets if something happen with tenants at the property. But that's not necessarily a two way street, a...
Christine Reeves
My Property Mangers don't care
My property manager rented my unit to two kids that do not work and have no rental history. They went ahead with the lease based on the parents being co-signers. They did not talk to me about any of this before accept...
Ko Saynourath
Mutual Termination Agreement
First off, I'm new to the BP community and I just wanted to say and give a slight intro about myself. My wife and I have been landlords for 16 years and now have three properties simply because we just converted our ...
Marc Thompson
1031 Scam or Fraud?
I have a question about 1031 fraud.
If a seller signs a form 1031 for a million dollars, but the money was never transferred to the seller from the escrow company, and the buyer never planned to allow that to...
Corey Reyment
Is it illegal to offer a finders fee for buying houses?
Can you offer a finders fee to people who give you a lead that turns in to a deal? There are some real estate agents in our area threatened by us and other investors (even though we buy properties that are not retail ...
James S.
Tenant we'd like gone
Hey all,We bought a house in the spring with a tenant who has been in the house for about 8 years. He is a bit older, has a good job but we've had quite a few headaches since taking over the house.The biggest one is t...
Joshua Hill
what are the odds?
What are the odds of getting sued by a tennant? I am new to investing and made the mistake of buying my first property in my own name rather than an LLC, so now I am trying to figure out if it is worth changing it ove...