Good Bones Real Estate Investing: The Legal Podcast For Real Estate Investors

You already know that lawsuits are a risk to your assets, but have you ever considered the size of your portfolio? In this episode you'll learn:Why the small landlord stage is so riskyThe unspoken reasons why small landlords sell off their propertiesWhy staying small is unsustainable in the long run👩🏼‍💻Join my live scaling workshop this week📈 Check out Landlord Scale SchoolDISCLAIMER: 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

Lease renewals are deceptively difficult. It’s something that can be easy to not give much thought but has long-term trickle down effects to not just your cashflow but your ability to easily navigate an eviction or tenant disputes.In this episode, we’re going to cover:Why I don’t like letting leases lapse into month to monthWhen to use a lease addendum vs new lease Legal landmines surrounding long-term tenancies📲Click here to download my free legal checklist for landlords🎧 If you have a turnover instead of a renewal, give episode 68 a listen to learn my top 7 Things Landlords Should Never Do During Tenant Turnover (and what to do instead). Read the full show notes here. DISCLAIMER: 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

Accessory Dwelling Units & Mid Term Rentals are two of the hottest residential investing trends right now. In this episode, Bonnie breaks down how to protect them. In this episode you'll learn:1.  Considerations to determine if a separate entity is even possible for an ADU2. What type of entity to put a MTR or ADU into3. Some offensive asset protection options for ADUs ❓Click here to leave your question for BonnieDISCLAIMER: 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

News You Can Use: Let's talk about office space conversions! In this episode you'll learn:1. What types of financing do these projects entail2. What investors are turning office space into 3. The government incentives available for office space conversions4. The demographic indicator where office conversion succeedHave a question you'd like answered on the podcast? Click hereDISCLAIMER: 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

Contracts are the cornerstone of your investing operations & growth. But understanding and optimizing them is a missed opportunity for most real estate investors. In this episode we'll cover:The contract drafting mistake putting your off-market deals at riskMy 6-step contract review processKey terms all contracts to purchase real estate need. Read full show notes: bonniegalam.com/73DISCLAIMER: 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 © 2021-2022 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 LLCDISCLAIMER: 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

Estate sales are a great way to score investment properties. But what happens when you’ve got 2 layers of probate? In this week’s episode with David Dodge, you end up with an unenforceable contract, a year long contract period, and a whole family tree to deal with.In this episode you’ll learn:What to look out for when signing a contract for an estate propertyHow to provide value to sellers of an estate propertyThe clunky administrative hurdles you need to overcome to close an estate sale⬇⬇⬇// RESOURCES:Show notes: bonniegalam.com/72 © 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 LLCDISCLAIMER: 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

This week’s guests on House of Horrors, Mel and Dave DePuis, shared due diligence and entity structuring mistakes they made early on in their career but affected over a dozen of their properties. In This Episode You’ll Learn:Structuring mistakes that can be expensive to unwindThe costs of failing to properly do due diligenceHow to continuously level up, even as an experienced investor⬇⬇⬇// RESOURCES:Show notes: bonniegalam.com/71 DISCLAIMER: 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

By going from working with real estate attorneys to becoming one herself, Bonnie learned the ins and outs of the role real estate attorneys play for real estate investors… but perhaps most importantly what they leave on the table. In this episode, you’ll learnFee structures to expect for real estate attorneyFinding the balance between real estate law and the reality of real estate investingThe limitations of the law firm model⬇⬇⬇// RESOURCES:⚖️ Check out Landlord Law SchoolRead the full show notes & blogDISCLAIMER: 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

Tenant turnover is one of the most burdensome parts of being a Landlord. After 10 years of self managing hundreds of turnovers, Bonnie has seen the good, bad, and the straight up ugly. Learn 7 of Bonnie’s top legal and property management tips to take the pain out tenant turnovers. ⬇⬇⬇In this episode you’ll learn: What simple lease changes you can implement to make your lease work for you moreHow to communicate turnovers with tenantsWhy you need to confront the painful parts of business// RESOURCES:💰Sign up for the Leveraged Legal Workshop (& get the asset protection assessment!)Read the complete ShownotesDISCLAIMER: 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 DISCLAIMER: 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

Flips that flopped may seem like a thing of the past in this market with fast appreciation. But what happens when you gotta dig into your own pocket to sell a flip? This week’s horror story with James Ledbetter is an expensive lesson in partnerships, flipping, understanding the market, and contracts. In This Episode You’ll Learn:How to properly vet partners so you’re prepared for the good, bad, and uglyWhy all contracts are not made equallyThe risks of jumping from one exit strategy to another⬇⬇⬇// RESOURCES:Get 10% off the template shop this week with code “PODCAST”Download my free legal checklistDISCLAIMER: 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

We all know about househacking but have you ever heard about about hacking senior living? Well this week’s guest on the podcast did just that! Isabelle Guarino-Smith shares how she got into Residential Assisted Living and 3 Legal Landmines facing investors in this asset class. In this week’s episode you’ll learn:How to navigate NIMBY-ism when you need zoning The 3 top legal risks facing Residential Assisted Living homes and how to navigate themThe most successful types of financing for RALs ⬇⬇⬇// RESOURCES:✅ Download my free legal checklistsRead the complete show notesDISCLAIMER: 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

If you’re using text messages to run your real estate investing biz, then you’re gonna want to tune into this week’s podcast episode about why you shouldn’t be! In this episode, Bonnie puts on her trial lawyer had and gives you a crash course in evidence law (Law & Order Style) so you know what you need in your back pocket to win in court. In This Episode You’ll Learn:The 3 evidentiary hurdles text messages need to pass4 Reasons why text messages are weak in court My preferred methods of communication⬇⬇⬇// RESOURCES:🛒Shop the Template Shop! 50% Off until 10/1✅Download the Ultimate Legal Checklist📺Watch my FREE Mythbusting Workshop🗒️Read the Complete Show NotesDISCLAIMER: 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

What happens when you find out mid-transaction that the property you’re under contract for isn’t the property you want?⬇⬇⬇In this episode you’ll learn Where the law draws the line for a real estate agent’s responsibilities What constitutes fraudulent representations How asset protection structures come into play in mid-transaction lawsuits// RESOURCES:🧑‍💻 Join my free on-demand legal myth busting workshopRead the complete Show NotesDISCLAIMER: 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

Other people’s money can be a great way to skyrocket your portfolio without the headache of dealing with banks. But what headaches come with private money? Let’s talk about it with Dave Dubeau!In this episode you’ll learn:Where the legal risks lay in raising private moneyHow to find lenders in your existing networkDave’s money partner formula to create a flywheel of private investors⬇⬇⬇// RESOURCES:📆 Sign up for Dave’s Free Capital Masterclass on 9/22Read the complete show notesDISCLAIMER: 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

Even if you aren’t doing creative deal structuring like this week’s guests, I’m willing to bet you’ve thought about wholesaling a deal. Fundamentally, this is a wholesale deal gone bad. What happens when the end buyer goes off the rails…. or ends up in jail? Tune in to find out!⬇⬇⬇In this week’s episode you’ll learn:Red flags to look for during a creative financing transactionHow to properly evaluate an “end buyer”The value of lawyer-prepared documents to CYA in messy situations// RESOURCES:📲Download my free Ultimate Legal ChecklistsShow Notes: bonniegalam.com/62DISCLAIMER: 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

Buying non-performing notes is not for the weak of heart. In the best-case scenario, you’ve got an uncomfortable situation with the homeowner. Worst case a messy foreclosure. But the $5000 note Derek Dombeck purchased turned out to just be UGLY. ⬇⬇⬇In this week’s episode you’ll learn:How to evaluate note purchasesWhere a private money lender thinks the housing market is goingNavigating deals that involve difficult homeowners// RESOURCES:📲Download my free Ultimate Legal ChecklistsShow Notes: bonniegalam.com/61DISCLAIMER: 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

If you’re currently collecting rent using Venmo/Zelle/Cash…. No shame…. But you might want to think twice about it. The risks of using these payment apps may feel like just another real estate investing boogie man but the consequences can be ugly.In this episode you’ll learn:1️⃣  Why your current usage of these payment apps is probably illegal2️⃣  The consequences of using these apps besides risking account shut down3️⃣ A refresh on rent collection best practices⬇⬇⬇// RESOURCES:Download the Ultimate Legal Checklists for LandlordsCheck out the show notes at bonniegalam.com/60DISCLAIMER: 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

There are no cheap tax mistakes just like there are no cheap legal mistakes. In this week’s episode, Bonnie is joined by CPA Amanda Han to discuss common tax mistakes real estate investors make. In this Episode, You’ll Learn:           1️⃣  The tax consequences of having too many entities           2️⃣  The importance of understanding key terms when speaking with your CPA or attorney           3️⃣  Obtaining the deductions you want through proactive tax planning⬇⬇⬇// RESOURCES DISCUSSED IN THIS EPISODEDownload Amanda Han’s free E-BookPurchase Amanda Han’s Biggerpockets Tax BooksThe Book on Tax Strategies for the Savvy Real Estate Investor Amazon | BookshopAdvanced Tax Strategies: Cracking the Code for Savvy Real Estate Investors Amazon | BookshopUse coupon “TAX” to get $400 off LLS this week only (ends 8/DISCLAIMER: 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

Tenants can do the darndest things and unexpectedly finding a SWAT team outside your building is up there on that list. That situation happened to Amanda Micire with a rental she purchased just days beforehand.In this episode you’ll learn:          1️⃣  Eviction alternatives to put on the table when the tenant technically didn’t do anything illegal          2️⃣  Navigating communication with a tenant in tricky situations          3️⃣  Conducting due diligence on tenant-occupied properties⬇⬇⬇// RESOURCES:✔️Download my free Legal Checklists by clicking hereDISCLAIMER: 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

If you’ve ever thought, “I’ll worry about the legal stuff once I get bigger”... I want you to pull the podcast emergency break and tune in to this episode. Because judges, attorneys, and plaintiffs don’t care if this is your first property or your fiftieth.In this episode you’ll learn:     1️⃣  Why more properties don’t mean more risk     2️⃣  The reasons why asset protection doesn’t work retroactively     3️⃣  Why legal can actually be MORE expensive down the line RESOURCES:🎉 Sign up for my free LIVE legal workshop - The 5 Steps to Legally Protect Your PortfolioCheck out the show notesDISCLAIMER: 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 LLCDISCLAIMER: 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