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Do you really need an LLC for rentals? What kind of insurance should you get? With so many questions (and confusion) surrounding asset protection for real estate investors, we've brought on an expert to set the record straight so you can protect your assets—without going overboard or breaking the bank! Welcome back to the BiggerPockets Money podcast! Today, we're chatting with real estate attorney and fellow investor Bonnie Galam about the nuances of asset protection. The truth is that there are two sides to this coin, but most investors only focus on the defensive or “reactive” side. Bonnie will show you the keys to 360-degree protection—like setting up strong legal structures before problems arise and the essential documentation you should have from day one. You'll also learn about the potential pitfalls of equity partnerships, how personal events can put your properties at risk, and why car insurance and prenups matter more for your portfolio than you might think. Asset protection doesn't have to be complicated, but it does need to be strategic, and this episode will help you prioritize what's important now, what can wait, and how to create a legal framework that evolves as your real estate portfolio grows! In This Episode We Cover: Two sides of asset protection to focus on when starting a real estate business Three actionable steps new investors can take to protect their assets today Why you need to create an estate plan (even if you don't have rentals yet!) How much you should expect to pay for different types of legal protection Debt versus equity partnerships (and why one is better for asset protection) And So Much More! Learn more about your ad choices. Visit megaphone.fm/adchoices
Do you really need an LLC for rentals? What about a trust? What kind of insurance should you get? With so many questions (and confusion) surrounding asset protection for real estate investors, we've brought on an expert to set the record straight so you can protect your assets—without going overboard or breaking the bank! Welcome back to the Real Estate Rookie podcast! Today, we're chatting with real estate attorney and fellow investor Bonnie Galam about the nuances of asset protection. The truth is that there are two sides to this coin, but most investors only focus on the defensive or “reactive” side. Bonnie will show you the keys to 360-degree protection—like setting up strong legal structures before problems arise and the essential documentation you should have from day one. You'll also learn about the potential pitfalls of equity partnerships, how personal events can put your properties at risk, and why car insurance and prenups matter more for your portfolio than you might think. Asset protection doesn't have to be complicated, but it does need to be strategic, and this episode will help you prioritize what's important now, what can wait, and how to create a legal framework that evolves as your real estate portfolio grows! In This Episode We Cover Two sides of asset protection to focus on when starting a real estate business Three actionable steps new investors can take to protect their assets today Why you need to create an estate plan (even if you don't have rentals yet!) How much you should expect to pay for different types of legal protection Debt versus equity partnerships (and why one is better for asset protection) Revocable and irrevocable trusts explained (and which one you need) And So Much More! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-561 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
This one's personal, Justin's been a client of mine for years, and in this episode, we finally unpack the horror story we've been sitting on for two years. What started as a killer commercial deal turned into a sewer line lawsuit with a surprise twist… and a happy ending (yes, with beer). We talk due diligence, problem-solving under pressure, and lessons from navigating the unexpected.
Frankie Dulli's first deal with a partner looked like a textbook BRRRR win until the tenant moved in. From a cracked sewer line and a porta-potty in the backyard to unpaid rent, court dates, and an excuse involving kidnapping, this story has it all. If you've ever been tempted to skip a background check or sewer cam, let this episode stop you in your tracks.
This week on House of Horrors, I'm joined by Bob Lachance, a former pro hockey player turned investor who shares how he lost $150K on a knockdown rebuild in Greenwich, CT and what it taught him about trusting partners, doing due diligence, and not falling for “can't-miss” deals. We also dive into a shady property management horror story and how Bob uses VAs to scale smart.
In this episode of the House of Horrors podcast, attorney and host Bonnie Galam talks with John Todderud, a multifamily investor and syndicator, about a terrifying moment in his real estate journey—when he got a call that one of his properties was on fire. John shares how a simple cleaning mishap led to a fire scare, what he learned from the experience, and how it shaped the way he manages properties today.You'll learn:How to safeguard your rental properties from fire hazards and implement better safety systems.The importance of vetting property managers and ensuring they follow crucial tenant screening procedures.What to look for when selecting a property manager to avoid costly mistakes.How networking played a critical role in John's growth as a real estate investor.Why hands-on experience is invaluable, but knowing when to step back and scale with a team is key.
In this episode of the House of Horrors podcast, attorney and host Bonnie Galam talks with Kaydee Smith Myers, a former commercial real estate attorney turned part-time investor, about the challenges of real estate investing and how to navigate unexpected issues. Kaydee shares a series of unfortunate events she encountered in the past year, from tenant evictions and property damage to plumbing emergencies and insurance battles.You'll learn:How to manage unexpected property maintenance and large capital expenditures.The importance of tenant communication and strategies to handle non-payment or evictions.How to deal with insurance claims and protect yourself legally as a real estate investor.The pros and cons of using LLCs for asset protection and how to decide what works best for your portfolio.Insights into walkable real estate, historic properties, and housing development controversies.
In this episode of the House of Horrors podcast, attorney and host Bonnie Galam talks with Sarah Weaver, a real estate investor and coach, about a heartbreaking experience she faced as a landlord: a tenant's suicide. Sarah shares how she handled the shocking news, worked with the police, and supported others who were affected by the tragedy.You'll learn:What to do if a serious crisis happens in one of your rental properties.Why having strong systems and policies in place makes handling emergencies easier.How to stay kind to others and take care of yourself in tough situations as a landlord.
In this episode of House of Horrors, attorney and host Bonnie Galam welcomes Grace Gudenkauf, co-founder of the WIIRE Community (Women Investing in Real Estate). Grace shares her wild first-time landlord experience managing inherited tenants in a duplex. From 3AM toilet emergencies to family drama, hoarding, and a tenant moving out one box at a time on his mobility scooter, this story showcases creative problem-solving in property management. You'll learn:1. How to balance being compassionate with tenants while protecting your property and other residents' interests2. Effective strategies for transitioning inherited tenants to new property management systems and policies3. Why maintaining professional distance through property management software and business practices is crucial, especially as a young or new landlord
In this week's horror story, real estate attorney Bonnie Galam dives into the ever-increasing crime of listing fraud. Bonnie also shares an interesting professional dilemma for semi-professional real estate investors. You'll learn:1. 5 ways to protect your listing2. Red flags to look out for in rental listings3. The way scammers get rentals to fall for their scams
In this episode of the House of Horrors podcast, host and real estate attorney Bonnie Galam dives into the world of mortgage fraud. According to recent studies, a lot of investors and lenders are playing fast and furious with their loan applications. In this episode you'll learn about:A fistfight at a closingThe illegal actions Fannie and Freddie Mac say are running rampant in the investing communityWhat changes to commercial underwriting to expect to see in the future
In this episode of the House of Horrors podcast, host Bonnie Galam delves into the fraudulent schemes of Theodore 'Teddy' Miller, the so-called 'Wolf of West Virginia' who got people to invest hundred of thousands into properties he didn't even own.In this episode you'll learn:To anticipate securities regulations when investing passivelyHow to conduct due diligence on passive investmentsRed flags in "too good to be true" investment opportunities
In this episode, real estate attorney Bonnie Galam recounts the harrowing tale of Herbert 'Herb' Whalen, a fraudulent property manager in Indianapolis. Learn how Whalen's web of deceit led to massive financial losses for investors and discover essential legal tips to safeguard your investments from similar scams. In this episode you'll learn:The trust but verify method of engaging a property managerPractical advice for vetting property managersLeaning in during the age of quiet quitting
In this episode of the House of Horrors podcast, host Bonnie Galam, dives into an in-depth discussion on a harrowing case of contractor fraud involving a contractor who defrauded multiple homeowners out of hundreds of thousands of dollars, turning their renovation dreams into nightmares. In this episode you'll learn:Practical advice for vetting contractorsThe importance of written contracts Avoiding large upfront paymentsKnowing when to escalate disputes to criminal proceedings
In this episode, real estate attorney Bonnie Galam discusses the legal implications of tenants having emotional support animals, specifically focusing on unusual case of an emotional support alligator. She explains the difference between service animals and emotional support animals, and how the Fair Housing Act and ADA apply to emotional support animals in rental properties. In this episode you'll learn:What kind of documentation can you request from a tenant with an unusual service animal or ESA?What laws you need to know to navigate tenants with pets and service animals (because they aren't pets)What you can't do to tenants with service animals & ESAsResources mentioned in this episode:
In this episode, Bonnie Galam discusses a real estate horror story where a developer built a house on the wrong lot. In this episode you'll learn: The absurd reason why the wrong property got a new house on it The two types of legal mistakes How to avoid making an expensive mistake like this when dealing with contractorsDISCLAIMER: Although Bonnie is an attorney she doesn't give legal advice without a dually signed engagement agreement. All episodes of Good Bones Real Estate Investing are educational and informational only. The information discussed here isn't legal advice and isn't intended to be. The information you listen to here isn't a substitute for seeking legal advice from your own attorney © 2021-2023 Bonnie Galam LLC | All rights reserved | Any use of this intellectual property owned by Bonnie Galam LLC may not be used in connection with the sale or distribution of any content (free of paid, written or verbal), produce, and/or service by you without prior written consent from Bonnie Galam LLC
Hey there, friends! We are so excited to introduce you to our friend, Bonnie Galam, on this week's episode. As an attorney, Bonnie not only owns her own law firm but is a real estate investor herself, which gives her a comprehensive understanding of both perspectives. Known for her ability to transform dull legal jargon into engaging and relatable content, Bonnie is adept at bridging the gap between the legal and practical aspects of real estate.The three legal tips we will be breaking down in this episode are…Your legal strategy needs to be more than an LLCRemember that ‘bulletproof' doesn't existDon't wait until you have X number of properties before you start thinking about the legal stuffWe are so fortunate to have Bonnie sharing her expertise from the unique viewpoint of both an attorney and an investor to really share with our listeners a good approach to legal strategy and how to know when (and how) to advocate for your business.If you want to see what Bonnie's up to, you can follow her on Instagram or visit her website to connect with her about working together!See you next week. Resources:Check out Baselane for your REI businessVisit Bonnie's website for more details on working with herListen to the Good Bones Real Estate Investing podcastSecure your seat for our 5 Systems and Processes to SCALE webinarLeave us a review on Apple PodcastsLeave us a review on SpotifyJoin our private Facebook CommunityConnect with us on Instagram
When it comes to running a business, navigating legalities effectively can mean the difference between success and failure. It's no different in real estate investing. Not having the proper structure can be a costly mistake. To shed some light on the subject, Bonnie Galam, founding attorney of The Galam Firm, joins us in this episode of Living Off Rentals. She is an expert in assisting new and veteran real estate investors with legal services, setup of operational infrastructures, and more. Tune in and learn how to better protect and improve your short-term rental property business! Key Takeaways [00:00] Intro [02:55] Introducing Bonnie Galam [07:27] What to consider when dealing with contractors [09:31] Recommended structure for real estate investors [16:45] Investors and meeting with legal specialists [19:46] How to increase rental cash flow by leveraging legal tools [24:08] Budgeting for legal matters and Bonnie's Landlord Law School program [27:52] Investing as a real estate lawyer [31:02] Real estate investing with her husband [32:39] Bonnie's thoughts on the current market [36:02] Bonnie's podcast, Good Bones Real Estate Investing [37:41] Biggest mistakes that investors make Guest Links Website – bonniegalam.com Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – livingoffrentals.com Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals
Global Investors: Foreign Investing In US Real Estate with Charles Carillo
Bonnie Galam is a real estate investor and a real estate attorney. Bonnie and her husband self-manage a portfolio of over 100 doors in the greater Philadelphia area. Through her experience as a landlord, Bonnie created a law firm to serve investors with their transactional and asset protection needs. She has also created the Landlord Law School, a DIY Asset Protection Program. Learn More About Bonnie Here: Website - https://bonniegalam.com/ Connect with the Global Investors Show, Charles Carillo and Harborside Partners: ◾ Setup a FREE 30 Minute Strategy Call with Charles: http://ScheduleCharles.com ◾ FREE Passive Investing Guide: http://www.HSPguide.com ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com ◾ Passively Invest in Real Estate: http://www.InvestHSP.com ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/
This week Avery is joined by real estate attorney, Bonnie Galam. Together they discuss LLCs, whether or not to register them for every property, what state to register them in, and more. Bonnie gives some advice on what to do if you accidentally swipe the wrong credit card, owner anonymity and asset protection. How to connect with Bonnie: bonniegalam.com Instagram: bonniegalamesq How to connect with Avery: The Short Term Shop - https://theshorttermshop.com/ Follow Avery Carl on Instagram - @theshorttermshop For more information on how to get into short term rentals, read Avery’s Book, Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties - https://amzn.to/3Adg6PA Need lending for your Short Term Rental? Get Pre-Approved on a loan with up to 89.99% of LTV with The Mortgage Shop - https://mortgage.shop/
On this week's episode of The Accidental Landlord, listen in as guest Bonnie Galam shares her expertise as a real estate attorney and self-managing landlord of an impressive 120 doors. Learn from the experts what a self-managing landlord shouldn't "DIY," including evictions and other legal issues. Listen in... Want to get in touch with Peter and the Rincon team? Email Podcast@RinconManagement.com Guest: Bonnie Galam, Bonnie Galam LLC Connect with the Rincon team on social media: Facebook | Twitter | YouTube | LinkedIn | Yelp ----------------- Production House: Flint Stone Media Copyright of Peter McKenzie 2022.
Before things get out of hand, you need to prepare. And when you're in the real estate business, you've got properties and people to look out for, not to mention the significant amounts involved. Lawsuits could arise if you're not cautious and could lead to severe business losses. That is not what we want to happen. With that said, how do you protect your assets, avoid legal battles, and increase profitability? Bonnie Galam left law firm life and started her own business because she saw the London Underground 'mind the gap' kind of hole in the legal space: LEGAL for INVESTORS THAT VALUE their time and integrity as much as their money. In this episode, Bonnie shares how you can save yourself from future headaches borne out of lawsuits and losses caused by it by putting systems and processes that prevent them from happening, as well as getting asset protection for your properties and people. Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/ What you'll learn from this episode in just 18 minutes: Find out how these two kinds of asset protection to help you from lawsuit costs and business losses. Know when it is best to get LLC for your real estate business entity to ensure the protection is more than the cost incurred. Learn about the misconceptions about asset protection, so you know what systems and processes you need to be in place. Resources: Join Bonnie's free legal workshop to learn how to create a profit-centered legal strategy https://bonniegalam.com/ Topics Covered: 02:08 - What is asset protection 02:48 - Misconceptions about asset protection 06:51 - Defensive versus offensive asset protection 09:20 - Being more proactive with legal stuff to increase profitability 11:24 - As a startup real estate investor, when is it best to have LLC? 12:52 - Is LLC recommended for flippers, and how about buy-and-hold property owners? 18:15 - Where to reach Bonnie for her perspective on asset protection Key Takeaways: "Asset protection is straight up saving me money. It's this big picture. I'm not just trying to protect myself from lawsuits. I'm trying to protect myself from losses. Period. And to use that to be able to increase my own bottom line." - Bonnie Galam "We can take actions to protect ourselves the way that everyone else does. And by creating this ecosystem of processes and procedures that are not just drafted in a way that's in our favor, but also legally compliant and understood by all parties." - Bonnie Galam Connect with Bonnie Galam: Website: https://bonniegalam.com/ Connect with Dave Dubeau: Podcast: http://www.propertyprofitspodcast.com/ Website: https://davedubeau.com/home Investor Attraction Workshop: http://www.investorattractionworkshop.com/ Facebook: https://www.facebook.com/thedavedubeau LinkedIn: http://linkedin.com/in/davedubeau
In this video, our host Jonathan Aymin welcomes Bonnie Galam to discuss how to pave your path toward financial freedom, how to protect your assets, and the legal way to set yourself up for success! About Our Guest: Bonnie Galam is an attorney, real estate investor, entrepreneur, and mom. She helps real estate investors - landlords, flippers, wholesalers - protect and grow their investments with DIY legal templates and trainings. She had the incredible benefit of becoming an attorney before she ever bought her first investment property. After speaking to hundreds of real estate investors about how to protect themselves, she consistently got asked for more. More trainings. More resources. More accessibility. She knew she had to share this information on a larger scale and also knew the law firm model wasn't the way to deliver it. Her belief is that investors shouldn't have to screw up to learn the importance of having the right legal documents and systems in place. Find Her Here: Website: bonniegalam.com Podcast: House of Horrors Instagram: instagram.com/bonniegalamesq ; Free legal checklists: bonniegalam.com/checklist ; Free Legal Workshop: bonniegalam.com/workshop attendees get $400 off landlord law school and special bonuses Thanks for checking out The Venue RX on Youtube. We are a team of content creators bringing you weekly reviews, tutorials, and business coaching videos. For a look at all things motivation, mindset, podcast interviews, and more...this is the place to be! BE A GUEST! If you are interested in being a guest on our show, or you know someone who you would recommend, go to our website and submit a request! We will review your application and get back to you promptly. ► Website http://thevenuerx.com/submit Don't forget to smash that LIKE Button. Remember to SUBSCRIBE to my YouTube channel and click the BELL ICON to set alerts for all our new weekly videos! CONNECT WITH US & SUPPORT!!! ✩ Instagram https://www.instagram.com/thevenuerx/ ✩ Facebook https://www.facebook.com/thevenuerx ✩ Website: www.thevenuerx.com ✩ Anchor: https://bit.ly/3gKSshE LISTEN / SUBSCRIBE TO THE PODCAST ✩ Apple Podcasts: https://apple.co/3qW7ntS ✩ Spotify: https://spoti.fi/3gIz7h3Android: https://bit.ly/3njXOTE
John Oliver, the host of Last Week Tonight with John Oliver, shared his thoughts on rental housing crisis in America from evictions, to rental increases, to proposed solutions and Bonnie has thoughts!Tune in to this special bonus episode to hear real estate lawyer and investor Bonnie Galam react to John Oliver. In this episode you'll learn:1. How we as small housing providers need to reframe our position and gain a seat at the policy table2. The economic drivers of increasing rent3. What are some reasonable policy steps both Landlords and Tenants can agree upon?Audio credits: HBO MaxDISCLAIMER: Although Bonnie is an attorney she doesn't give legal advice without a dually signed engagement agreement. All episodes of House of Horrors are educational and informational only. The information discussed here isn't legal advice and isn't intended to be. The information you listen to here isn't a substitute for seeking legal advice from your own attorney © 2021-2022 Bonnie Galam LLC | All rights reserved | Any use of this intellectual property owned by Bonnie Galam LLC may not be used in connection with the sale or distribution of any content (free of paid, written or verbal), produce, and/or service by you without prior written consent from Bonnie Galam LLC
This week on the podcast, Bonnie Galam shares the story of the home that inspired the name of this podcast. How did a simple oversight end up in 6 figures of fines, multiple dead bodies, and nearly a 6 figure clean up? Tune in to find out!
Practical Advice From A Successful Real Estate Attorney & Investor Welcome to episode 30 of The Multifamily Millionaire: Real Income From Real Estate with Jason Lee. This week Jason welcomes Bonnie Galam and they discuss her experience both as a successful real estate attorney and investor. It's an episode replete with lots of useful information for anyone in real estate. Bonnie Galam is a real estate investor, real estate attorney, and founder of Landlord Law School. Bonnie and her husband built a multimillion-dollar rental portfolio by their late 20s in the greater Philadelphia area. Bonnie founded her law firm, a boutique real estate practice serving in NJ and PA, with a mission to serve investors. Through her law firm, Bonnie noticed that real estate investors were coming to her to solve problems rather than prevent them. She knew from her own experience that it was because the existing law firm model didn't serve investors. So Bonnie created landlord law school, the only DIY asset protection course for real estate investors to help prevent law suits, preserve generational wealth, and securely scale their investing business. To download your free Real Estate Deal Analyzer just head to https://jlmrealestateinc.com/free-product/. With this guide, you'll be able to easily understand your real estate deals. Here is what to expect on this week's show: Background information on Bonnie and how she went into real estate law after being a real estate attorney. A look at Bonnie's first investment, which was a duplex rental property in Philadelphia. Information about Bonnie's Landlord Law School. While you want to “keep calm and get it in writing” as a landlord and an investor. The importance of knowing the people that you decide to partner with very well before forming a partnership. A look at Bonnie's impressive property portfolio and some tips about how others can get to where she is. Why there is a very interesting opportunity in investing in commercial properties right now. Why Bonnie rarely ever actually looks to sell her properties. How it is that Bonnie is able to self manage her properties (hint: her husband helps with that!) Book recommendations that Bonnie thinks are helpful for any real estate investor. Relevant links: galamfirm.com Bonniegalam.com Connect with Jason: Instagram: https://www.instagram.com/jasonjosephlee/?hl=en YouTube: https://youtube.com/channel/UCWNrpNXpGuujHMVZJWmBLsw LinkedIn: https://www.linkedin.com/in/jason-lee-3b7806115/ Connect with Bonnie: Instagram: https://www.instagram.com/bonniegalamesq/?hl=en LinkedIn: https://www.linkedin.com/in/bonniegalam/ Podcast: https://www.bonniegalam.com/podcast Learn more about your ad choices. Visit megaphone.fm/adchoices
In perhaps her fiestiest episode yet, attorney Bonnie Galam rails against the traditional legal strategies espoused by other attorneys. Basing her reasoning on statistics and both professional and personal experiences - what you'll find out in this week's episode may surprise you.In this week's episode you'll learn:Why traditional asset protection plans create a false sense of securityHow I learned that LLCs and insurance were just the tip of the asset protection icebergWhy Landlords should worry about catastrophic injury cases a lot less
In this week's episode, Bonnie Galam chats with attorney Trevor Serine about how asset protection tools play out during a lawsuit. We cover things from offshore account to the insider threat no defensive tool can protect you from.In this episode you'll learn: Why LLCs sometimes provide limited asset protection in the event of a lawsuitWhat type of defensive asset protection is most protectiveWhat you can do to improve your chances of winning a future lawsuit today
In this week's episode, Bonnie Galam combines her background in economics and law to explain what real estate investors need to understand and evaluate when buying real estate in this WILD market. In this episode you'll learn:Why you're inundated with risky messaging from trusted professionalsHow your financing today can put you in a pickle tomorrowWhat competing factors you need to think about when evaluating the long term potential of a deal right now
Stephanie Betters “eats problems for breakfast,” her words! This mindset fueled Stephanie to create her business, Better Path Homes, a single-family residential wholesaling and new build company in Charlotte, NC. For her, everything boils down to taking care of people and helping to solve their problems. Stephanie is also the founder of SocialMediaREI, a Facebook Marketing company specializing in finding motivated sellers, and the founder of Left Main, a CRM for Real Estate Investors via a partnership with Salesforce. This is all while working part-time as a Cardiothoracic Surgery Nurse Practitioner (what a powerhouse!). She believes that her background in Medicine has been the key to her success in the business arena. Jump in and grab your daily dose of value as we talk about how this entrepreneur turns problems into fuel for growth! Quotes • “Once I figured out what to do, I was like, Okay, I see how this business thing works… I saw that there is a huge amount of possibility here, we can really affect our future, we can really take control of our finances, of our family, of our path.” (11:50 - 12:11) • “I think it all starts with people and understanding people… Medicine has really taught me to understand people and their problems.” (14:54 - 15:37) • “I think true expertise comes from matching other industries with other industries. Like, I think we have so much to learn from other industries, and that fresh perspective, I think can make you really, really good at your job.” (17:07 - 17:20) • “It is okay that you have problems because that is a rung in the ladder of you getting to the next step. You just have to figure out how to emotionally handle problems.” (28:07 - 28:15) • “If I can make an impact, a deep impact, and really help people, then that will be enough for me to take that next step forward in tackling a very large problem.” (32:30 - 32:38) • “I think you need to know yourself, your own patterns, your own strengths, and weaknesses enough to know when you react the best to problems.” (34:47 - 34:54) Connect with Stephanie Betters: IG: @stephbetters FB: stephaniebetters IN: /Stephanie Betters Guest Website: https://leftmainrei.co/ Book recommendation: Good to Great 3 DAY VIRTUAL EVENT on Dec. 6th, 7th, and 8th! We have planned a powerful 3-day virtual event “How to Build Partnerships that Last” on 12/6, 12/7, 12/8 at 7 pm EST! We are confident PARTNERSHIPS are the key to leveraging your time, funding, and skill sets. You can't buy yourself more time, but you can certainly “buy” someone else's time so you can start living the life you choose today. Here is what you can expect: • Learn the foundation of building a lasting partnership • Purpose of partnerships: short term vs long term partnerships • How to optimize alignment and leverage diversity • Learned lessons from our best and worst partnerships • Partnership structures: with RE attorney Bonnie Galam and CPA Amanda Han • How to set yourself up to attract rockstar partners Grab your ticket today! https://www.therealestateinvesther.com/3-day-event-partnerships The Real Estate InvestHER Membership Our Membership focuses on three pillars: Real Estate Investing, Business Strategies, and Self-Care. We provide a financial freedom road map for women to create steady recurring income to live life on their own terms. Start today with our FREE membership level. https://www.therealestateinvesther.com/membership P.S. I would love your review. If you enjoyed this episode, please leave a review and comment on Apple Podcasts. Select ‘Listen in Apple Podcasts' then choose the ‘Ratings and Reviews' tab to share what you think. I would really appreciate it. Thanks! Your Voice Matters. We appreciate your feedback and would like to hear from you. Click here to answer a few questions about our podcast: https://airtable.com/shr8fJS0a0uHedcza Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther YouTube: Watch our shows here Learn more about your ad choices. Visit megaphone.fm/adchoices
The Real Estate InvestHER Show with Elizabeth Faircloth and Andresa Guidelli
Stephanie Betters “eats problems for breakfast,” her words! This mindset fueled Stephanie to create her business, Better Path Homes, a single-family residential wholesaling and new build company in Charlotte, NC. For her, everything boils down to taking care of people and helping to solve their problems. Stephanie is also the founder of SocialMediaREI, a Facebook Marketing company specializing in finding motivated sellers, and the founder of Left Main, a CRM for Real Estate Investors via a partnership with Salesforce. This is all while working part-time as a Cardiothoracic Surgery Nurse Practitioner (what a powerhouse!). She believes that her background in Medicine has been the key to her success in the business arena.Jump in and grab your daily dose of value as we talk about how this entrepreneur turns problems into fuel for growth!Quotes• “Once I figured out what to do, I was like, Okay, I see how this business thing works… I saw that there is a huge amount of possibility here, we can really affect our future, we can really take control of our finances, of our family, of our path.” (11:50 - 12:11)• “I think it all starts with people and understanding people… Medicine has really taught me to understand people and their problems.” (14:54 - 15:37) • “I think true expertise comes from matching other industries with other industries. Like, I think we have so much to learn from other industries, and that fresh perspective, I think can make you really, really good at your job.” (17:07 - 17:20)• “It is okay that you have problems because that is a rung in the ladder of you getting to the next step. You just have to figure out how to emotionally handle problems.” (28:07 - 28:15)• “If I can make an impact, a deep impact, and really help people, then that will be enough for me to take that next step forward in tackling a very large problem.” (32:30 - 32:38)• “I think you need to know yourself, your own patterns, your own strengths, and weaknesses enough to know when you react the best to problems.” (34:47 - 34:54)Connect with Stephanie Betters:IG: @stephbettersFB: stephaniebettersIN: /Stephanie BettersGuest Website: https://leftmainrei.co/ Book recommendation: Good to Great3 DAY VIRTUAL EVENT on Dec. 6th, 7th, and 8th!We have planned a powerful 3-day virtual event “How to Build Partnerships that Last” on 12/6, 12/7, 12/8 at 7 pm EST!We are confident PARTNERSHIPS are the key to leveraging your time, funding, and skill sets. You can't buy yourself more time, but you can certainly “buy” someone else's time so you can start living the life you choose today.Here is what you can expect:• Learn the foundation of building a lasting partnership• Purpose of partnerships: short term vs long term partnerships• How to optimize alignment and leverage diversity• Learned lessons from our best and worst partnerships• Partnership structures: with RE attorney Bonnie Galam and CPA Amanda Han• How to set yourself up to attract rockstar partnersGrab your ticket today!https://www.therealestateinvesther.com/3-day-event-partnerships The Real Estate InvestHER Membership Our Membership focuses on three pillars: Real Estate Investing, Business Strategies, and Self-Care. We provide a financial freedom road map for women to create steady recurring income to live life on their own terms. Start today with our FREE membership level.https://www.therealestateinvesther.com/membershipP.S. I would love your review. If you enjoyed this episode, please leave a review and comment on Apple Podcasts. Select ‘Listen in Apple Podcasts' then choose the ‘Ratings and Reviews' tab to share what you think. I would really appreciate it. Thanks!Your Voice Matters. We appreciate your feedback and would like to hear from you. Click here to answer a few questions about our podcast: https://airtable.com/shr8fJS0a0uHedcza Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvestherYouTube: Watch our shows hereSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The work we do comes with so many rewards, right? But with those rewards inevitably come risks. No matter how good you are, you will come face to face with a big fat lawsuit at some point. Yuck! I know! Not the sexiest topic in the world, but these things happen, and when they do, we need to handle them powerfully and intelligently. How would you handle lawsuits? In this episode, we'll break down a couple of ways you can look into it, how it can affect you either positively or negatively, and what we've learned from our own experience. The best way to handle lawsuits is not necessarily to always spend energy to prevent them but to set up protections and strategies before they come as you grow and scale your business. So let's dive in and get into the nitty-gritty to learn how to powerfully handle a lawsuit. Quotes • “One thing I know for sure is that if you are growing your business and your portfolio, pivoting, building teams, dealing with different contractors… you will face a lawsuit at some point. That's just part of doing business.” (1:39 - 2:07) • “The first thing that I will recommend is: you're going to look into asset protection strategies as you grow your business.” (3:07 - 3:13) • “I'm gonna tell you right now that you are not your lawsuit.” (4:12 - 4:16) • “I know this is a big statement to say, but you should celebrate, when you get sued, you should celebrate. Celebrate it from the perspective of, you're playing a big enough game, right? You're putting yourself in the arena.” (8:41 - 8:58) • “I think that the most important thing is honoring the other person and seeing the other person and not making the other person the wrong person and you're the right one; but honoring the human beings that are interacting here.” (11:39 - 11:54) • “Look at it as the cost of doing business. It's the cost of doing business. There's no emotion right there… Just move along, move forward, and learn the lesson, ladies.” (14:16 - 14:33) 3 DAY VIRTUAL EVENT on Dec. 6th, 7th and 8th! We have planned a powerful 3-day virtual event “How to Build Partnerships that Last” on 12/6, 12/7, 12/8 at 7 pm EST! We are confident PARTNERSHIPS are the key to leverage your time, funding and skill sets. You can't buy yourself more time, but you can certainly “buy” someone else's time so you can start living the life you choose today. Here is what can you expect: Learn the foundation of building a lasting partnership Purpose of partnerships: short term vs long term partnerships How to optimize alignment and leverage diversity Learned lessons from our best and worst partnerships Partnership structures: with RE attorney Bonnie Galam and CPA Amanda Han How to set yourself up to attract rockstar partners Grab your ticket today! https://www.therealestateinvesther.com/3-day-event-partnerships P.S. I would love your review. If you enjoyed this episode, please leave a review and comment on Apple Podcasts. Select ‘Listen in Apple Podcasts' then choose the ‘Ratings and Reviews' tab to share what you think. I would really appreciate it. Thanks! Your Voice Matters. We appreciate your feedback and would like to hear from you. Click here to answer a few questions about our podcast: https://airtable.com/shr8fJS0a0uHedcza The Real Estate InvestHER Membership Our Membership focuses on three pillars: Real Estate Investing, Business Strategies, and Self-Care. We provide a financial freedom road map for women to create steady recurring income to live life on their own terms. Start today with our FREE membership level. Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther YouTube: Watch our shows here Learn more about your ad choices. Visit megaphone.fm/adchoices
The Real Estate InvestHER Show with Elizabeth Faircloth and Andresa Guidelli
The work we do comes with so many rewards, right? But with those rewards inevitably come risks. No matter how good you are, you will come face to face with a big fat lawsuit at some point. Yuck! I know! Not the sexiest topic in the world, but these things happen, and when they do, we need to handle them powerfully and intelligently.How would you handle lawsuits? In this episode, we'll break down a couple of ways you can look into it, how it can affect you either positively or negatively, and what we've learned from our own experience.The best way to handle lawsuits is not necessarily to always spend energy to prevent them but to set up protections and strategies before they come as you grow and scale your business. So let's dive in and get into the nitty-gritty to learn how to powerfully handle a lawsuit. Quotes• “One thing I know for sure is that if you are growing your business and your portfolio, pivoting, building teams, dealing with different contractors… you will face a lawsuit at some point. That's just part of doing business.” (1:39 - 2:07)• “The first thing that I will recommend is: you're going to look into asset protection strategies as you grow your business.” (3:07 - 3:13)• “I'm gonna tell you right now that you are not your lawsuit.” (4:12 - 4:16)• “I know this is a big statement to say, but you should celebrate, when you get sued, you should celebrate. Celebrate it from the perspective of, you're playing a big enough game, right? You're putting yourself in the arena.” (8:41 - 8:58)• “I think that the most important thing is honoring the other person and seeing the other person and not making the other person the wrong person and you're the right one; but honoring the human beings that are interacting here.” (11:39 - 11:54)• “Look at it as the cost of doing business. It's the cost of doing business. There's no emotion right there… Just move along, move forward, and learn the lesson, ladies.” (14:16 - 14:33) 3 DAY VIRTUAL EVENT on Dec. 6th, 7th and 8th!We have planned a powerful 3-day virtual event “How to Build Partnerships that Last” on 12/6, 12/7, 12/8 at 7 pm EST!We are confident PARTNERSHIPS are the key to leverage your time, funding and skill sets. You can't buy yourself more time, but you can certainly “buy” someone else's time so you can start living the life you choose today. Here is what can you expect:Learn the foundation of building a lasting partnershipPurpose of partnerships: short term vs long term partnershipsHow to optimize alignment and leverage diversityLearned lessons from our best and worst partnershipsPartnership structures: with RE attorney Bonnie Galam and CPA Amanda HanHow to set yourself up to attract rockstar partners Grab your ticket today! https://www.therealestateinvesther.com/3-day-event-partnerships P.S. I would love your review. If you enjoyed this episode, please leave a review and comment on Apple Podcasts. Select ‘Listen in Apple Podcasts' then choose the ‘Ratings and Reviews' tab to share what you think. I would really appreciate it. Thanks! Your Voice Matters. We appreciate your feedback and would like to hear from you. Click here to answer a few questions about our podcast: https://airtable.com/shr8fJS0a0uHedcza The Real Estate InvestHER MembershipOur Membership focuses on three pillars: Real Estate Investing, Business Strategies, and Self-Care. We provide a financial freedom road map for women to create steady recurring income to live life on their own terms. Start today with our FREE membership level. Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvestherYouTube: Watch our shows hereSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Dealing with legalities is taxing, but it's vital for the legitimacy of your business and the safety of your assets. That's how Landlord Law School was born! Its founder Bonnie Galam is also the Founding Attorney of the Galam Firm. As a real estate investor herself, Bonnie helps other investors tackle different aspects of being a landlord, particularly the legal side, bridging the gap between lawyers and landlords. Bonnie tells host Scott Carson that the legal stuff could be much cheaper if only people were just more proactive in investing time, money, and focus. Listen in on this informative and eye-opening episode to learn more!Love the show? Subscribe, rate, review, and share!Here's How »Join the Note Closers Show community today:WeCloseNotes.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes Pinterest
When you get into the real estate space with no experience but tons of determination, it's a recipe for some incredible lessons to be learned along the way if you can adjust and move forward. Originally from Albania, Arvi Carkanji started investing in real estate right out of college after finding out about it, and no matter the missteps never looked back. She bought her first flip in 2019, renovated it, sold it and broke even. She then got a 2nd flip and a 3rd one, in which she ended up house hacking. After 3 years of wholesaling and flipping deal after deal, Arvi, and her fiancé, realized that they were 50 deals in without having started with any experience! Since then, Arvi took her experience and started laying the foundation to scale her business, Money Making Duo, focusing on marketing and creating wealth for others. She now has a team of 10 people who play crucial roles in the company. In this episode, we're going to break down every lesson Arvi learned into actionable steps that will help you scale! So tune in and learn from her journey of wholesaling and flipping 50 deals in 3 years with no experience. Quotes • “I was like, you know what, I can do this. Whatever comes my way, I'm just gonna handle it.” (12:46 - 12:50) • “The first thing that I learned is that I'm not good with contractors or handling budgets, you know, and inspections and all this other stuff. So I was like, I need somebody to help me do all of this.” (14:20 - 14:30) • “So the main thing I did when it came to - alright, like this is serious, stop with all the BS; is to have a central system to handle all my leads.” (21:35 - 21:45) • “Whether it's cold calling, or direct mail, or whatever it is, just be consistent in that. Whether it's 100 leads that you're calling a day or a week, just keep doing it, don't stop doing it, because that's going to convert into deals.” (26:43 - 26:57) • “I always consider marketing as like the bloodline of the business and sales is like your brain. The two can not function without each other.” (29:08 - 29:15) • “Hiring is so very crucial for your company and part of the foundation. If you have everything else in place, but you have the wrong person in the wrong position, it's still gonna cost you money.” (35:53 - 36:05) Connect with Arvi Carkanji: IG: @arvi.carkanji Website: https://moneymakingduo.com/ Book recommendation: The E-Myth Real Estate Agent The Simplifier-Multiplier 3 DAY VIRTUAL EVENT on Dec. 6th, 7th, and 8th! We have planned a powerful 3-day virtual event “How to Build Partnerships that Last” on 12/6, 12/7, 12/8 at 7 pm EST! We are confident PARTNERSHIPS are the key to leveraging your time, funding, and skillsets. You can't buy yourself more time, but you can certainly “buy” someone else's time so you can start living the life you choose today. Here is what you can expect: • Learn the foundation of building a lasting partnership • Purpose of partnerships: short term vs long term partnerships • How to optimize alignment and leverage diversity • Learned lessons from our best and worst partnerships • Partnership structures: with RE attorney Bonnie Galam and CPA Amanda Han • How to set yourself up to attract rockstar partners Grab your ticket today! https://www.therealestateinvesther.com/3-day-event-partnerships The Real Estate InvestHER Membership Our Membership focuses on three pillars: Real Estate Investing, Business Strategies, and Self-Care. We provide a financial freedom road map for women to create steady recurring income to live life on their own terms. Start today with our FREE membership level. https://www.therealestateinvesther.com/membership Your Voice Matters. We appreciate your feedback and would like to hear from you. Click here to answer a few questions about our podcast: https://airtable.com/shr8fJS0a0uHedcza Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther YouTube: https://www.youtube.com/channel/UCQHEyioz1vC3w5Nx7qm-n0g Learn more about your ad choices. Visit megaphone.fm/adchoices
The Real Estate InvestHER Show with Elizabeth Faircloth and Andresa Guidelli
When you get into the real estate space with no experience but tons of determination, it's a recipe for some incredible lessons to be learned along the way if you can adjust and move forward. Originally from Albania, Arvi Carkanji started investing in real estate right out of college after finding out about it, and no matter the missteps never looked back.She bought her first flip in 2019, renovated it, sold it and broke even. She then got a 2nd flip and a 3rd one, in which she ended up house hacking. After 3 years of wholesaling and flipping deal after deal, Arvi, and her fiancé, realized that they were 50 deals in without having started with any experience! Since then, Arvi took her experience and started laying the foundation to scale her business, Money Making Duo, focusing on marketing and creating wealth for others. She now has a team of 10 people who play crucial roles in the company. In this episode, we're going to break down every lesson Arvi learned into actionable steps that will help you scale! So tune in and learn from her journey of wholesaling and flipping 50 deals in 3 years with no experience. Quotes• “I was like, you know what, I can do this. Whatever comes my way, I'm just gonna handle it.” (12:46 - 12:50)• “The first thing that I learned is that I'm not good with contractors or handling budgets, you know, and inspections and all this other stuff. So I was like, I need somebody to help me do all of this.” (14:20 - 14:30)• “So the main thing I did when it came to - alright, like this is serious, stop with all the BS; is to have a central system to handle all my leads.” (21:35 - 21:45)• “Whether it's cold calling, or direct mail, or whatever it is, just be consistent in that. Whether it's 100 leads that you're calling a day or a week, just keep doing it, don't stop doing it, because that's going to convert into deals.” (26:43 - 26:57)• “I always consider marketing as like the bloodline of the business and sales is like your brain. The two can not function without each other.” (29:08 - 29:15)• “Hiring is so very crucial for your company and part of the foundation. If you have everything else in place, but you have the wrong person in the wrong position, it's still gonna cost you money.” (35:53 - 36:05) Connect with Arvi Carkanji:IG: @arvi.carkanjiWebsite: https://moneymakingduo.com/ Book recommendation: The E-Myth Real Estate AgentThe Simplifier-Multiplier 3 DAY VIRTUAL EVENT on Dec. 6th, 7th, and 8th!We have planned a powerful 3-day virtual event “How to Build Partnerships that Last” on 12/6, 12/7, 12/8 at 7 pm EST!We are confident PARTNERSHIPS are the key to leveraging your time, funding, and skillsets. You can't buy yourself more time, but you can certainly “buy” someone else's time so you can start living the life you choose today.Here is what you can expect:• Learn the foundation of building a lasting partnership• Purpose of partnerships: short term vs long term partnerships• How to optimize alignment and leverage diversity• Learned lessons from our best and worst partnerships• Partnership structures: with RE attorney Bonnie Galam and CPA Amanda Han• How to set yourself up to attract rockstar partnersGrab your ticket today!https://www.therealestateinvesther.com/3-day-event-partnerships The Real Estate InvestHER Membership Our Membership focuses on three pillars: Real Estate Investing, Business Strategies, and Self-Care. We provide a financial freedom road map for women to create steady recurring income to live life on their own terms. Start today with our FREE membership level.https://www.therealestateinvesther.com/membership Your Voice Matters. We appreciate your feedback and would like to hear from you. Click here to answer a few questions about our podcast: https://airtable.com/shr8fJS0a0uHedcza Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvestherYouTube: https://www.youtube.com/channel/UCQHEyioz1vC3w5Nx7qm-n0gSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The Landlord Law School with Bonnie Galam
We're kicking off season 3 with Bonnie Galam of Landlord Law School™! Bonnie became interested in real estate investing during law school, and now self-manages 100+ units with her husband, along with her own firm, podcast, and website, offering templates and trainings for new investors. WHEW...its not clear when she sleeps. We talk about her journey into investing and using the BRRR (buy, rehab, rent, refinance, repeat) strategy. Though we both agree it feels like everyone and their mother is getting into real estate, we know there are still deals to be found! I ask Bonnie what its really like working primarily with student housing: Do the tenants pay their rent? Is everything just always covered in beer? But it sounds like student housing isn't as intimating as I thought (although wood floors are a MUST). I have a list of legal questions for Bonnie including: - “I just went online and formed my own LLC…is that terrifying?” -Do you need an LLC per property? -When's the best time to form your LLC? -How should I tighten up my lease terms? We take a deep dive into LLCs and I ask her about the Series LLC. Bonnie teaches offensive asset protection methods, like getting everything in writing, good contracts, estate planning, etc. I learn that you can often get lease templates from attorneys and its more cost effective than having your attorney look at your existing lease. Every year Bonnie does an “asset protection self-audit” and asks herself “What didn't work this year? How can I tighten up my lease to prevent this going forward?”. Bonnie is a wealth of information and offers so much information through her podcast, website and her Landlord Law School™ included in the links below. I have a feeling you'll want to listen to this one and take notes! I feel smarter now after recording this podcast with such as fellow boss lady, love her and some killer #lawyershit Find Bonnie: https://www.bonniegalam.com/ podcast: Good Bones Real Estate Investing Tools Mentioned: https://kajabi.com/ www.avail.co www.appfolio.com www.anchor.com --- Support this podcast: https://anchor.fm/nerdsguidetofi/support
Asset protection varies from state to state. In this week's episode of the Good Bones Real Estate Investing Podcast, Bonnie Galam chats with Florida attorney Mark Moss about when to use (or not use) certain asset protection tools like LLCs and Land Trusts. In this episode here's what we chatted about:1. When LLCs may not be the right asset protection tool2. How trusts can protect your assets in life and death3. What the probate process is and why real estate investors should avoid it
Own property out of state or thinking about it? Then, this episode is must a listen because real estate attorney Bonnie Galam breaks down what to look out for, best practices, and common missteps when it comes to legally out of state investing in real estate.In this Episode Here's what we'll cover (Buzzsprout and website)Why out of state investing is so legally nuanced Common asset protection mistakes when it comes to Out of State investingWhat's the #1 thing you should look for in out of state market Register for the FREE Solid Foundation WorkshopJoin the Good Bones Real Estate Investing Podcast Facebook GroupAccess Show notes and more resources: bonniegalam.com/29
Episode 75 features Bonnie Galam, a Real Estate Attorney who now invests in Real Estate herself in the Philadelphia area. Bonnie specializes in helping investors build sound and safe portfolios, protecting themselves from any risks that could be incurred by owning rental properties. This episodes covers LLCs, S-Corps, contracts, leases, asset protection, and more. Bonnie has been through it all and brings a wealth of knowledge to her clients, and now to Weekly Juice listeners!-We're now using RentRedi to help manage our investment properties. RentRedi is an all-in-one property management software that assists with rent collection, maintenance, tenant screening, communication and more. Click HERE to learn more about RentRedi, and be sure to use promo code JUICEPOD to get 50% off. -
The Like Minded Investors Co-Hosts lawyer up this week with real estate entrepreneur and lawyer Bonnie Galam. In this episode, we learn how Bonnie and her husband own and manage 120+ units themselves and share some insights into how they do so in student housing! Bonnie also discusses her law firm, asset protection, and hiring lawyers for their minds, not templates. Bonnie also touches upon the unprecedented COVID-19 eviction moratorium. This episode was jam-packed with knowledge and insights from another great guest! Follow Bonnie on Instagram Bonnie's Website Landlord Law School Also support Bonnie's podcast, Good Bones Real Estate Podcast on iTunes or Spotify! Be sure to support Like Minded Investors! Rate, Review, Subscribe to the Podcast and follow us on Instagram and YouTube! Follow Kier and Bill on Instagram: @realestate.kier and @billydoesphilly
In this week's episode, Bonnie Galam shares a personal story about why she's decided to double down on real estate investing in recent years. This episode is for anyone who has felt out of control of their financial future.Links and resources can be found here: bonniegalam.com/23
You can't have the asset protection that comes from an LLC, and then not act like an LLC. On today's episode, we talk with Bonnie Galam, investor and real estate attorney, on how to proactively protect you real estate assets and self-manage a large portfolio. LLCs don't stop lawsuits from happening. They are there to protect you in the event one arises. But what can you be doing to prevent those types of losses to begin with? We discuss with Bonnie how you can operate your business to better protect your assets, the importance of having an annual asset, when you should and shouldn't self-manage, and lessons learned during the pandemic when it comes to landlording. Bonnie also shares a great process for finding out what your core genius is within your business. Bonnie Galam is a real estate investor, real estate attorney, and founder of Landlord Law School. Bonnie and her husband built a multimillion-dollar rental portfolio by their late 20s in the greater Philadelphia area. Bonnie founded her law firm, a boutique real estate practice serving in NJ and PA, with a mission to serve investors. Through her law firm, Bonnie noticed that real estate investors were coming to her to solve problems rather than prevent them. She knew from her own experience that it was because the existing law firm model didn't serve investors. They simply weren't going to call their lawyer every time they worked with a contractor or communicated with a tenant. So Bonnie created landlord law school, the only DIY asset protection course for real estate investors to help prevent law suits, preserve generational wealth, and securely scale their investing business. Personally, Bonnie is a mom of 2 tiny tots - Elliot age 3 and Soleil age 1. She almost always has her nose in a book, is a certified yoga instructor and would always prefer to be at the beach. On today's episode, we discuss a ton with Bonnie including: Eviction alternatives Policies and best practice you can put in place to protect your assets How to avoid landlord horror stories The importance of having the right insurance in place The importance of treating an LLC like an LLC Books/Resources This is Marketing by Seth Godin Landlord Law School – Free 7-day access to module 1! https://bonniegalam.mykajabi.com/a/39387/azzzfVaz Contact Information Email - bonnie@bonniegalam.com Instagram - @bonniegalamesq We are so excited to share that we are hosting a free 3-day live event called the Top Producer Challenge! This is specifically for real estate agents who are looking to take their biz to the next level! Our speakers are top producing real estate agents and some of the best in the business. You will learn how to find hidden inventory and win bidding wars! You will also learn how to build a profitable biz without buying leads and how to stand out with sellers to win listings in a crowded market. We have invited the best in the biz to share their success strategies with you! So come join us for this FREE EVENT on April 27th, 28th and 29th at 7 pm EST…. REGISTER HERE - https://www.therealestateinvesther.com/top-producer InvestHER Community Our mission is to support and inspire women real estate investors around the globe to live a financially free and balanced life. We are dedicated to creating empowering online and in person communities where women have a non-intimidating environment to ask questions and receive the support they need. Our vision is to see all woman investors achieve her financial freedom goals on her own terms. How To Join the InvestHER Movement 1) The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves. Subscribe via Itunes Subscribe via Android Subscribe via Stitcher 2) InvestHER Community on Facebook We have 2k+ members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals! 3) InvestHER Meetups Around the Globe We have over 4k+ meetup members attending close to 25 InvestHER Meetups across the country and Canada. Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE! Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther Learn more about your ad choices. Visit megaphone.fm/adchoices
The Real Estate InvestHER Show with Elizabeth Faircloth and Andresa Guidelli
You can't have the asset protection that comes from an LLC, and then not act like an LLC. On today's episode, we talk with Bonnie Galam, investor and real estate attorney, on how to proactively protect you real estate assets and self-manage a large portfolio. LLCs don't stop lawsuits from happening. They are there to protect you in the event one arises. But what can you be doing to prevent those types of losses to begin with? We discuss with Bonnie how you can operate your business to better protect your assets, the importance of having an annual asset, when you should and shouldn't self-manage, and lessons learned during the pandemic when it comes to landlording. Bonnie also shares a great process for finding out what your core genius is within your business. Bonnie Galam is a real estate investor, real estate attorney, and founder of Landlord Law School. Bonnie and her husband built a multimillion-dollar rental portfolio by their late 20s in the greater Philadelphia area. Bonnie founded her law firm, a boutique real estate practice serving in NJ and PA, with a mission to serve investors. Through her law firm, Bonnie noticed that real estate investors were coming to her to solve problems rather than prevent them. She knew from her own experience that it was because the existing law firm model didn't serve investors. They simply weren't going to call their lawyer every time they worked with a contractor or communicated with a tenant. So Bonnie created landlord law school, the only DIY asset protection course for real estate investors to help prevent law suits, preserve generational wealth, and securely scale their investing business. Personally, Bonnie is a mom of 2 tiny tots - Elliot age 3 and Soleil age 1. She almost always has her nose in a book, is a certified yoga instructor and would always prefer to be at the beach. On today's episode, we discuss a ton with Bonnie including: Eviction alternatives Policies and best practice you can put in place to protect your assets How to avoid landlord horror stories The importance of having the right insurance in place The importance of treating an LLC like an LLC Books/Resources This is Marketing by Seth Godin Landlord Law School – Free 7-day access to module 1! https://bonniegalam.mykajabi.com/a/39387/azzzfVaz Contact Information Email - bonnie@bonniegalam.com Instagram - @bonniegalamesq We are so excited to share that we are hosting a free 3-day live event called the Top Producer Challenge! This is specifically for real estate agents who are looking to take their biz to the next level! Our speakers are top producing real estate agents and some of the best in the business. You will learn how to find hidden inventory and win bidding wars! You will also learn how to build a profitable biz without buying leads and how to stand out with sellers to win listings in a crowded market. We have invited the best in the biz to share their success strategies with you! So come join us for this FREE EVENT on April 27th, 28th and 29th at 7 pm EST…. REGISTER HERE - https://www.therealestateinvesther.com/top-producer InvestHER Community Our mission is to support and inspire women real estate investors around the globe to live a financially free and balanced life. We are dedicated to creating empowering online and in person communities where women have a non-intimidating environment to ask questions and receive the support they need. Our vision is to see all woman investors achieve her financial freedom goals on her own terms. How To Join the InvestHER Movement 1) The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves. Subscribe via Itunes Subscribe via Android Subscribe via Stitcher 2) InvestHER Community on Facebook We have 2k+ members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals! 3) InvestHER Meetups Around the Globe We have over 4k+ meetup members attending close to 25 InvestHER Meetups across the country and Canada. Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE! Follow us on: Facebook: @therealestateinvesther Instagram: @therealestateinvesther
Tracey Thomasey talks about the Anti-Violence Partnership of Philadelphia and what resources they offer. Plus, Bonnie Galam from the Adult Congential Heart Association shares details of her life living with a heart disease. See omnystudio.com/listener for privacy information.