My tenant in Chicago send a claim from a lawyer, stating I owe 27 thousand dollars in damages for not returning the complete security deposit.  The security deposit was 10 thousand dollars, she did not pay the last mo...

I'm brand new and am planning on forming a Fix and Flip LLC taxed as an S corp. From my reading this seems to be the way to go for this part of my REI.

My question is:
If my company is Bradshaw Properties, LLC then ...

Property manager is holding security deposit (several thousand dollars) in

escrow. Landlord makes claims against a large portion of security
deposit upon tenant moving out. Tenant disputes the claims. Propert...

Tenant left state.  I have their address, and they owe me about $2500 after damages and back rent.  I'm in Alaska, and will be sending her the security deposit statement tomorrow.  If they don't pay I can sue them in ...

Hello BP,I am educating myself to become a wholesaler. I know the basics of it but I would like to know a more step by step explanation on double closing. What all is needed from start to finish. I get the basic premi...

Hello BP community!My first RE project will be a fix and flip, just to start gaining capital before getting into buy and hold properties. My question to start is, do you find it best to use hard money to fund the purc...

Ok landlords,Who's been sued.  Tell me your story and did a LLC help or not help you?  Did a large umbrella policy protect you?   I think we've all been going about this from the wrong side whether you need a LLC or n...

There are posters on this board with the knowledge I need to make a decision and I'm ready to pull the plug. I want the pros and cons on my dilemma.
On free and clear property, is fire insurance a good or bad ...

I’m looking for others that have had issues with Lima One lending.  Many of the issues I have had and seen Others on the forums include; them jacking up interest rates without informing the consumer right before closi...

After doing some searching, I ran across an ad by a motivated seller. His asking price is $60K for a 3 bedroom house that needs $30K in repairs and has an ARV of $160K. From what I can tell, this sounds like a good ...