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I own and manage a single-family home and a 4 plex in Metro Detroit. I own the 4 plex 50/50 with my parents and it's starting to become tedious trying to track who's putting what into the property as far as expenses a...
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Hello. Looking for some guidance. I have spoken with an attorney briefly but would like some thoughts from others.Context:I had a 9 month tenant, upper scale property and tenant, $19K security deposit.Tenant vacated...
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I am forming an LLC for wholesaling and flipping properties in Texas. My wife will have minimal activity in it other than backing up my comps and listing properties. Should I add her as a member?PROS"Business meeting...
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Hello, I am a starting my journey in real estate and learning whatever I can about the business. I went to a couple of auctions around my neighborhood and was curious about one thing. Where does the excess money go af...
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I've seen a couple of sex offender threads recently, and saw several people mention that a landlord can be responsible if they knowingly rent to someone and they re-offend.Attorneys of BiggerPockets, is this true?
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I'm not sure if this is the best area to post these questions, but they've been on my mind. I'm curious about home maintenance from a distance. I'm still very interested in the turnkey in the Kansas City Market, but I...
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Any wholesalers have this happen to them? Just had two cops swing by my house because of a letter I sent out from my direct mail campaign. He was checking out our legitamacy and I was able to convince him that we w...
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To all my insurance agents, Real Estate Lawyers and Experts,General Liability Insurance and Builder Risk Policy are needed during a constructions. But what else is needed?I was wondering, if I hire an employee (Genera...
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Is there any legal way to compensate someone without their real estate license for sending you a real estate deal (wholesale, flip, etc.)? There is an option to give equity, but I do not love that option in all cases....
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I will soon to be real estate investor, as I'm going to be buying my first property, (a tri-to-fourplex) to buy and hold, and "house-hack" in the greater Seattle/Tacoma area. I have just been pre-approved for financin...