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A contractor hired to replace siding in a relative's rental didn't show up. My relative requested her deposit back and they refused. They made the mistake of handing over the 1st half of the insurance check which t...
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Hi, BP friendly names and faces :)Long time lurker, first time poster.How often does one have the opportunity to help out a seller without profiting from a sale?SO.. Here's what I did today:I got to make a cash offer....
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If you are a CA resident searching about Asset Protection one option for your, if you qualify, is the Private Retirement Plan (PRP) which provides one of the highest levels of protection for your assets. PRPs are ide...
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I am getting started in real estate investing but my wife is concerned about what happens should a deal go south. I have not yet set up an LLC or corporation. Will she be financially responsible if I enter into a deal...
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I just bought a property from auction.com. I am set to close in a month. I have not seen the inside but even if its a meth lab I got a great deal. However, it is currently occupied. Does anyone have any ideas on ho...
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Hello Bigger Pockets.
New to the process and working to find my first property. I have found a property on the MLS and looked at it with my realtor. I estimated that my repair costs would be around 25k. I gave a lo...
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I'm currently living in Texas in a 4 bdr house as the only leaseholder. I'm renting out the other rooms while I save up. But one of the tenants I brought in is not paying his share of bills. I've told him to leave, gi...
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Can the corporate veil be pierced for an LLC or LP involved in real estate investments in Texas?
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I have a couple tenants that have destroyed my units. Obviously, I need to vet them better but as of now what are my options? I have photos showing ton of trash left behind, appliances ruined totaling about $10,000 in...
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The LLC debate rages on here at BP. Rarely does a day pass without an investor asking whether they should use an LLC or not. Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...