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Results (3857)
River Sava 5 Terms You're Too Shy to Ask About
13 July 2022 | 6 replies

Hey Everyone – I’ve been interning this summer at a private lender in the real estate space and have put together some of the tricky concepts that are commonly used. Thought I’d share five that I’ve come to understan...

Kasey Gourley Direct Mail Marketing Success
24 July 2019 | 6 replies

Happy Friday BP!After deciding to focus on Buy and Hold deals, narrowing my search to 3 greater metro areas, of which I have lived and am familiar with, as well as analyzing numerous deals from the MLS and wholesalers...

Ryan Fox Piercing the corporate veil in California
30 December 2023 | 3 replies

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...

Account Closed Voiding Title Insurance by Titling Property in LLC After Closing?
29 May 2018 | 11 replies

Hey there BP Legal Community. I recently closed on a SFH, am under contract on two others, and am looking forward to buying 3 more before year's end. Aside from adequate Landlord/Liability/Umbrella Insurance, I am als...

Rose Parc How to file Sch E when moving rent to LLC mid year
26 February 2022 | 11 replies

Hello - My rental property has been rented for most of last year. In the middle of the year we moved it from our personal names to an LLC. The LLC was opened up in both my name and my husbands. Do we file one LLC and ...

Zhihan Wan Negligence Issue With Tenant
30 June 2024 | 13 replies

Hello, our rental home had a/c unit drains into the p trap in one of the bathroom and clogged the sink in upstairs. The tenants were out for 24 hours and came back found it and the water had already flooded out to th...

Jed Burkey Dave Ramsey Scenario
27 November 2019 | 6 replies

Dave Ramsey has told the story of how, when he was in his 20's, he used no/low down payment loans to purchase a large number of properties.  However, once the local bank he had been working with was sold, the bank tha...

Kip Pierson Partner wants out--need advice on a fair "buy-out" price
3 February 2015 | 11 replies

Good evening y'all!I'm new to the forums and the community, but I have been lurking from afar for awhile now.  My quick impulse to join the forums comes from a need to seek advice on a current dilemma with one of my p...

Matt Wells How much money should I insure my rental properties for with ACV and $10K deductible?
5 January 2024 | 8 replies

I want to get the community's thoughts.  How much money should I insure my rental properties for with ACV (actual cash value) and $10K deductible? Should I insure for the capital I have in the homes or for how much t...

Darlene S. Owner Title Insurance and Quit Claim to LLC
10 April 2018 | 6 replies

First post here. Have been learning a lot from your questions and answers. I am purchasing a property meant to be short term rental. On the loan estimate it mentions Owner’s title policy as optional. Should I purchase...