House of Horrors: Recent Episodes
Bonnie Galam
Are you a real estate investor who's looking to level up your investing business? The House of Horrors Podcast can help you go from "maybe" to "mogul." Learn from a lawyer and real estate investor as she shares her best tips and strategies to help you build a solid foundation for your portfolio. In her straightforward way, Bonnie Galam offers a mix of actionable steps to helps to help you scale and tough love she knows you need to hear to check yourself before you wreck yourself. Find out more at bonniegalam.com/podcast
A Fort Worth couple with a gorgeous Instagram feed and a Chip-and-Joanna-Gaines brand identity collected nearly $5 million from over 40 homeowners for custom renovations they never intended to finish — then spent $82,000 on Amazon, $27,000 on their own mortgage, and $10,000 on plastic surgery while one client lost her dream home entirely and another lived in an RV for 18 months. In this episode, Bonnie breaks down how Christopher and Raquelle Judge built and executed their fraud, what federal wire fraud conspiracy actually means, and the six contractor red flags every property owner needs to know before handing over a single check.
In this episode you'll learn:
- Why a contractor's social media presence means nothing — and what to verify instead
- How payment structure and lien waivers protect you when a project goes sideways
- What commingling of funds looks like and why it's both a red flag and a federal exhibit
RESOURCES:
- Full Show Notes
- Get Bonnie's free weekly newsletter, The Weekly Memo
- Join Landlord Law School just $497
CONNECT:
- Bonnie on Instagram
- Bonnie on Facebook
- Bonnie on YouTube
- Bonnie's Law Firm, The Galam Firm
DISCLAIMER: 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
© 2021-2025 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
One of the most recognized names in real estate education. Millions of podcast downloads. Bestselling books. And his Class B investors just lost 100% of their capital in a single Houston deal.
This episode breaks down the Open Door Capital / Heights on Katy collapse: what the numbers actually showed, what the offering documents said, and the 5 things you must do before writing a check into any syndication.
In this episode you'll learn:
- What went sideways in Brandon Turner's Multifamily syndication
- 5 due diligence moves every LP should know
- The questions to ask to stress test a syndication
- Why suing after a syndication loss is really difficult
RESOURCES:
- Podcast Ep #102 on Shohei Ohtani's syndication gone sideways
- Full Show Notes
- Get Bonnie's free weekly newsletter, The Weekly Memo
- Join Landlord Law School just $497
CONNECT:
- Bonnie on Instagram
- Bonnie on Facebook
- Bonnie on YouTube
- Bonnie's Law Firm, The Galam Firm
DISCLAIMER: 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
© 2021-2025 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
The FBI just arrested 11 people in Los Angeles for allegedly stealing $17.4 million — not by breaking into homes, but by stealing identities and using elderly homeowners' free-and-clear properties as loan collateral without their knowledge. In this episode, Bonnie breaks down exactly how the fraud worked, why owning your home outright can paradoxically make you a target, and what every property owner needs to do right now before someone turns your equity into their payday.
In this episode you'll learn:
- Why free-and-clear homeowners are the most vulnerable targets for title fraud
- How hard money lending was exploited — and what lenders and borrowers should know
- What steps to take today to protect your property from being used without your knowledge
RESOURCES:
- Get Bonnie's free weekly newsletter, The Weekly Memo
- Click here to watch the free legal workshop to legally protect yourself now!
CONNECT:
- Bonnie on Instagram
- Bonnie on Facebook
- Bonnie on YouTube
- Bonnie's Law Firm, The Galam Firm
DISCLAIMER: 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
© 2021-2025 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
Cost segregation is everywhere on real estate social media — but what the TikTok gurus aren't telling you is how fast it can go sideways when it's done wrong. In this episode, Bonnie sits down with cost seg specialist Rom Neidhardt to expose three real horror stories: an engineer who forgot you can't depreciate land, a CPA who couldn't read a drawing, and a $500 software report the IRS would shred on sight. If you've ever wondered whether cost seg is actually worth it — or whether your study was done right — this one's for you.
In this episode you'll learn:
- What cost segregation actually is and whether your property qualifies (hint: it's not just for Fortune 50 companies anymore)
- The three most common ways cost seg studies go wrong — and what a properly done study should look like
- How cost seg interacts with 1031 exchanges, passive losses, and other tax strategies — and why sequencing matters more than most investors realize
Connect with Rom's tax practice here.
RESOURCES:
- Get Bonnie's free weekly newsletter, The Weekly Memo
- Click here to watch the free legal workshop to legally protect yourself now!
CONNECT:
- Bonnie on Instagram
- Bonnie on Facebook
- Bonnie on YouTube
- Bonnie's Law Firm, The Galam Firm
DISCLAIMER: 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
© 2021-2025 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
Zillow is facing a massive multi-state lawsuit after allegedly paying Redfin $100 million to exit the rental-advertising market — a move Attorneys General say could create a monopoly and drive up rental listing costs nationwide. In this episode, Bonnie breaks down what really happened, why the deal triggered antitrust alarms, and how this shift could raise your marketing costs, increase your vacancy risk, and squeeze investors from the top down. Whether you have two doors or two hundred, this is a must-listen.
In this episode you'll learn:
- Why relying on a single listing platform puts your business at risk
- How to diversify your advertising strategy before prices change
- What KPIs to track to detect rising vacancy costs early
RESOURCES:
- Get Bonnie's free weekly newsletter, The Weekly Memo
- Click here to watch the free legal workshop to legally protect yourself now!
CONNECT:
- Bonnie on Instagram
- Bonnie on Facebook
- Bonnie on YouTube
- Bonnie's Law Firm, The Galam Firm
DISCLAIMER: 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
© 2021-2025 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
A $240 million luxury development in Hawaii, a world-famous baseball star, and a dream partnership that collapsed in chaos. In this episode, attorney Bonnie Galam breaks down how a high-profile real estate deal involving Shohei Ohtani spiraled into lawsuits and accusations of sabotage — and what every investor can learn from it. Whether your project is $240 million or $240,000, the same legal lessons apply.
In this episode you'll learn:
- How star power can shift control of a deal overnight
- How partnership agreements can protect or hurt your
- How to plan for early exits, forced removal, and loss of power
If you’ve ever thought about partnering up, whether though a syndication or something smaller… this one’s for you.
📌 Join the Solid Foundation Community
👩💼 Work with my law firm
Connect with Bonnie Galam on Social Media
🌍 Website/Blog - https://bonniegalam.com
📺 YouTube - https://www.youtube.com/@bonniegalamesq
📸 Instagram - https://www.instagram.com/bonniegalamesq
DISCLAIMER: 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
© 2021-2025 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
In this episode of House of Horrors, attorney Bonnie Galam dives into the jaw-dropping true story of billionaire real estate mogul Donald Bren, who publicly disowned his son with a cold, 12-word statement. But beyond the headlines, this episode explores a deeper truth:
Sometimes, generational wealth isn’t the goal.
Tune in as we unpack:
- The full backstory behind the Bren family fallout
- What to know about legally disinheriting someone
- When real estate becomes a burden, not a blessing
- Why “just leaving the kids the rentals” can backfire
- Proactive strategies to protect your legacy and your peace
If you’ve ever thought about passing down your real estate… or not passing it down… this one’s for you.
📌 Join the Solid Foundation Community
👩💼 Work with my law firm
Connect with Bonnie Galam on Social Media
🌍 Website/Blog - https://bonniegalam.com
📺 YouTube - https://www.youtube.com/@bonniegalamesq
📸 Instagram - https://www.instagram.com/bonniegalamesq
DISCLAIMER: 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
© 2021-2025 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 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.
👩🏫 In This Episode You'll Learn
- Why your due diligence process needs to go beyond the checklist
- How to deal with unexpected post-closing issues without sabotaging your deal
- The surprising value of neighborly relationships in commercial real estate
📺 Subscribe to my Youtube channel
👩💼 Work with my law firm
Connect with Justin Eaton on Social Media
🌍 Website - https://www.dwellsafenj.com/
📸 Instagram - https://www.instagram.com/justin__eaton/
📺 YouTube - http://www.youtube.com/@dwellsafeinspectionsengine903
Connect with Bonnie Galam on Social Media
🌍 Website/Blog - https://bonniegalam.com
📺 YouTube - https://www.youtube.com/@bonniegalamesq
📸 Instagram - https://www.instagram.com/bonniegalamesq
📱TikTok - https://www.tiktok.com/@bonniegalamesq
💻 Linkedin - https://www.linkedin.com/in/bonniegalam
⌚ Chapters:
00:00 Introduction
00:12 Meet Justin: Client, Investor, Structural Engineer
01:00 Justin’s Real Estate Journey
02:00 The Killer Deal That Sparked the Story
03:20 How the Commercial Property Was Sourced
05:00 Sewer Trouble Begins
06:50 The Neighbor’s Discovery
08:00 No Survey, No Easement—Now What?
10:00 What Happens When a Pipe Runs Through Someone Else’s Basement
12:00 Legal Strategy and Rerouting Options
4:00 The Court Process and Final Settlement
16:00 Post-Lawsuit Surprise Call
17:40 Relationship with the Neighbor Today
18:30 Total Cost and Construction Headaches
20:00 County Road Permitting and Logistics
22:00 Tenant Impact and Timeline
23:00 Final Thoughts on Due Diligence
25:00 Bonnie’s Take on Legal Process and Lessons
27:00 Cash Reserves and Risk Management
28:00 Justin’s Real Estate Evolution
30:00 Transition into Laundromats
33:00 Favorite Asset Class?
36:00 Keeping the Growth Going
37:00 Book Recommendation: Am I Being Too Subtle?
38:30 Final Thoughts and Contact Info
DISCLAIMER: 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
© 2021-2025 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
Frankie D'Astoli'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.
👩🏫 In This Episode You'll Learn
- Why tenant screening is non-negotiable
- How to handle ongoing tenant drama without violating fair housing
- The real cost of small mistakes in your rental systems
📺 Subscribe to my Youtube channel
👩💼 Work with my law firm
Connect with Frankie D'Astoli on Social Media
🌍 Website - https://www.dastolisdojorei.com/
📸 Instagram - https://www.instagram.com/frankiedastoli_rei/
📺 YouTube - http://www.youtube.com/@frankiedastoli
Connect with Bonnie Galam on Social Media
🌍 Website/Blog - https://bonniegalam.com
📺 YouTube - https://www.youtube.com/@bonniegalamesq
📸 Instagram - https://www.instagram.com/bonniegalamesq
📱TikTok - https://www.tiktok.com/@bonniegalamesq
💻 Linkedin - https://www.linkedin.com/in/bonniegalam
⌚ Chapters:
00:00 Introduction
00:13 Meet Frankie Dulli
00:46 Frankie’s First BRRRR Deal with a Partner
01:30 Deal Numbers and the Refi Strategy
03:00 The Tenant That Changed Everything
04:36 Skipping the Screening Process
06:07 Major Sewer Line Backup
07:20 Emergency Permits, Porta-Potties, and Delays
08:38 $18K Bill and the Insurance Denial
10:01 What Caused the Pipe Crack?
11:13 Why Sewer Cams Are Now a Must
12:01 How It Destroyed the Tenant Relationship
13:06 Missed Rent and Growing Tensions
14:26 Filing for Eviction
15:20 In Court: Promises and Payment Plans
17:02 Temporary Resolution—Then More Problems
18:26 Neighbor Complaints and Weed
19:35 “I Got Kidnapped” Excuse
20:27 The Lease Isn’t Over… But the Drama Continues
21:32 Balancing Good Tenants and Problem Ones
22:33 Setting Clear Rules Across the Portfolio
23:50 Final Takeaways: Sewer Cams, Screening, SOPs
26:52 Book Recording: Scaling Smart
28:23
DISCLAIMER: 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
© 2021-2025 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 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 You'll Learn
- The hidden risks of joint ventures and handshake deals
- Why legal costs aren’t always worth the fight
- How to properly hire and vet virtual assistants
📺 Subscribe to my Youtube channel
👩💼 Work with my law firm
Connect with Bob Lachance on Social Media
🌍 Website - https://revaglobal.com/
📸 Instagram - https://www.instagram.com/revaglobalva/
🎥 Facebook - https://www.facebook.com/trainedvirtualassistants
📺 YouTube - https://www.youtube.com/@REVAGlobalCareers
Connect with Bonnie Galam on Social Media
🌍 Website/Blog - https://bonniegalam.com
📺 YouTube - https://www.youtube.com/@bonniegalamesq
📸 Instagram - https://www.instagram.com/bonniegalamesq
📱TikTok - https://www.tiktok.com/@bonniegalamesq
💻 Linkedin - https://www.linkedin.com/in/bonniegalam
⌚ Chapters:
00:00 Introduction
00:21 Meet Bob Lachance
01:12 The $150K Knockdown Rebuild Mistake
02:39 Why They Put Down a Non-Refundable Deposit
03:39 Legal Fees and Trying to Fight for the Money
04:59 Why They Walked Away from the Deal
06:10 Real Estate Lessons from Losing $150K
07:15 Blind Faith vs Due Diligence
08:13 Lessons About Vetting Partners
09:20 Structuring Deals to Avoid Legal Messes
10:40 RIA Groups and the Illusion of Credibility
11:58 Jacksonville Property Manager Horror Story
13:12 How They Discovered the Fraud
14:46 When Litigation Isn’t Worth It
15:54 Virtual Investing Risks and Tips
16:30 How Bob Got Started with Virtual Assistants
18:18 Tasks VAs Can Take Over for Real Estate Investors
20:01 How to Use a VA for Branding and Lead Gen
21:00 Common Mistakes Investors Make with VAs
22:05 Non-Competes, Moonlighting, and VA Red Flags
23:20 Final Advice for Risk-Averse Investors
24:26 The Power of Playing the Long Game
26:06 Don’t Wait for Perfect Timing Start Today
26:39 Where to Connect with Bob
26:50 Outro and Legal Disclaimer
DISCLAIMER: 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
© 2021-2025 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
A condo fire, stolen plywood, and insurance headaches this episode dives into the real-life horror stories behind small-scale development with Katie Neason. We talk about how she’s building a better Bryan, Texas while dodging disasters most investors never see coming. If you're thinking about stepping into development or scaling smart, this is a must-listen.
In This Episode You'll Learn:
- Why skipping an insurance claim might save you long-term headaches and cash
- How material theft, rising rates, and construction chaos wrecked a development timeline
- Why aligning your project with city goals is the smartest move investors miss
📺 Subscribe to my Youtube channel
👩💼 Work with my law firm
Connect with Katie Neason on Social Media
🌍 Website/Blog - https://www.katieneason.com/
📸 Instagram - https://www.instagram.com/katiedevelops/
🎥 Facebook - https://www.facebook.com/RenovationWranglers/
Connect with Bonnie Galam on Social Media
🌍 Website/Blog - https://www.bonniegalam.com
👩💼 My Firm - https://www.galamfirm.com
📸 Instagram - https://www.instagram.com/bonniegalamesq
📱TikTok - https://www.tiktok.com/@bonniegalamesq
💻 Linkedin - https://www.linkedin.com/in/bonniegalam
🎥 Facebook - https://www.facebook.com/bonniegalamesq
⌚ Chapters:
00:00 Introduction
00:45 Meet Katie Niss: Small-Scale Developer in Bryan, TX
03:15 Condo Fire Horror Story
08:30 Insurance Considerations After Property Damage
12:20 Transition from Low-Income Rentals to Development
16:40 Challenges in Development: Material Theft and Shortages
22:10 Impact of Rising Interest Rates on Projects
25:00 Implementing Site Security Measures
28:15 Building Relationships with Local Authorities
30:45 Aligning Development Projects with Community Needs
34:20 Book Recommendation: Main Street Millionaire by Codie Sanchez
36:10 Closing Thoughts and Where to Connect with Katie
DISCLAIMER: 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
© 2021-2025 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
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.
📩Connect with John Todderud:
Instagram
Linkedin
DISCLAIMER: 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
© 2021-2025 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
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.
📩Connect with Kaydee Smith Myers:
Instagram
Linkedin
DISCLAIMER: 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
© 2021-2025 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
(TW: Suicide) 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.
📩Connect with Sarah Weaver:
Website
Instagram
Twitter/X
Linkedin
DISCLAIMER: 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
© 2021-2025 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
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' interests
2. Effective strategies for transitioning inherited tenants to new property management systems and policies
3. Why maintaining professional distance through property management software and business practices is crucial, especially as a young or new landlord
📩Connect with Grace Gudenkauf:
- WIIRE Community
- Checklist
DISCLAIMER: 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
© 2021-2025 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
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 listing
2. Red flags to look out for in rental listings
3. The way scammers get rentals to fall for their scams
DISCLAIMER: 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
© 2021-2025 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
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 closing
- The illegal actions Fannie and Freddie Mac say are running rampant in the investing community
- What changes to commercial underwriting to expect to see in the future
DISCLAIMER: 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
© 2021-2025 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
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 passively
- How to conduct due diligence on passive investments
- Red flags in "too good to be true" investment opportunities
📲 Join 5000+ real estate investors, click here to subscribe to my free weekly memo
🎙️ Have a horror story to share? Click here to apply to be a guest on the podcast
👋 Drop Bonnie a DM on Instagram
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
© 2021-2024 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
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 manager
- Practical advice for vetting property managers
- Leaning in during the age of quiet quitting
📲 Join 5000+ real estate investors, click here to subscribe to my free weekly memo
🎙️ Have a horror story to share? Click here to apply to be a guest on the podcast
👋 Drop Bonnie a DM on Instagram
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
© 2021-2024 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
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 contractors
- The importance of written contracts
- Avoiding large upfront payments
- Knowing when to escalate disputes to criminal proceedings
📲 Join 5000+ real estate investors, click here to subscribe to my free weekly memo
🎙️ Have a horror story to share? Click here to apply to be a guest on the podcast
👋 Drop Bonnie a DM on Instagram
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
© 2021-2024 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
Would you buy a property that had a residential tenant with a 30 year lease? I suppose there's a price for everything. To know the price, you have to know what your dealing with.
In this episode you'll learn:
- Listing strategy with an "undesirable" tenant
- Legal options when inheriting a tenant
- The legal steps to evaluate a tenant-occupied property
📲 Join 5000+ real estate investors, click here to subscribe to my free weekly memo
🎙️ Have a horror story to share? Click here to apply to be a guest on the podcast
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
© 2021-2024 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
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 & ESAs
Resources mentioned in this episode:
📲Click here sign up for my free weekly newsletter
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
© 2021-2024 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
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 contractors
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
You heard the buzz about WY, NY, DE LLCs, but what's the real deal with them? Let's pull back the curtain and reveal the truth about how these "special" LLCs actually work. 👻 Plus, you'll hear a horror story about shootings in AirBnBs.
In this episode you'll learn:
- The three ways WY, NY, & DE LLCs are different
- What these differences practically mean in terms of asset protection
- What (if any) asset protection you NEED
🏘 Ready to bust some more legal myths? Register for the free live legal workshop on October 3
👉🏼 Access the links and resources mentioned in this week’s episode in the 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
Want to be proactive and not reactive? Then you gotta have a lay of the land! Because if you don't know what you're working with, then it's really hard to make smart investing and management decisions to move forward and scale easier.
In this episode you'll learn:
- The management mindset I carry over from my other businesses to my rentals
- The power of tracking KPIs in your rental business
- The CEO step you have to take after auditing your rentals
🏘 Ready to speed up your scaling? Join my free workshop
🎙Want to get your rentals in scaling shape? Get access to my 5-day private podcast series to help you create a SCALABLE portfolio.
🏡Join the Good Bones Real Estate Investing Podcast Facebook Group
👉🏼 Access the links and resources mentioned in this week’s episode at bonniegalam.com/
© 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
Passive income as a landlord is a myth and .... you probably shouldn't be chasing it anyway. Whether you still think passive income is the goal or are wondering *what exactly * is passive in real estate after diving into it, this episode is for you!
In this episode you'll learn:
- Why passive income is a deceptive term
- The 3 types of taxable income & the MAJOR tax benefit of being an active landlord
- The sweet spot between active and passive landlording
🏘 Ready to speed up your scaling? Join my free workshop
🎙Want to get your rentals in scaling shape? Get access to my 5-day private podcast series to help you create a SCALABLE portfolio.
🏡Join the Good Bones Real Estate Investing Podcast Facebook Group
© 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
Feel like its gotten a lot harder to be a landlord over the past few years thanks to increasing regulation, oversight, and ? Yeah me too. Let's take a look at where we are, where the political landscape is going and what you can do about it.
In this episode, we'll chat about:
- What investors can do to have a seat at the table
- How much should laws affect your market shopping?
- How to keep your investing biz compliant in an rapidly changing legal landscape
🏘 Ready to speed up your scaling? Join my free workshop
🎙Want to get your rentals in scaling shape? Get access to my 5-day private podcast series to help you create a SCALABLE portfolio.
🏡Join the Good Bones Real Estate Investing Podcast Facebook Group
👉🏼 Access the links and resources mentioned in this week’s episode at bonniegalam.com/
© 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
Real estate investing is just part of our lives. Not our whole life. So how do you manage it all? These are the 3 rules I swear by to keep me sane and on track.
In this episode you'll learn
1. How to stay ahead and on top of everything you need to do as a landlord
2. What a proactive management system looks like in my rental business
3. The "10 Minute Rule" that saves me hours every week
📲 Get the 5 day private podcast series on creating a scalable portfolio
💻 Register for my free live workshop: 3 Steps to Speed Up Your Scaling
© 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
With the "perfect BRRRR" getting increasingly harder to find and the fed increasing interest rates multiple times a year, the financing world we've lived in the last decade or so is over. Many landlords have built their portfolio using the power of cash-out refinances but now the threat of cash-in refinances is very real.
In this episode you'll learn:
- What type of financing is at particular risk of a cash-in refinance
- What to do to prevent a cash-in refi
- How to evaluate deals in an increasing interest rate environment
👩🏼💻Join my live scaling workshop this week
📈 Check out Landlord Scale School
© 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
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 risky
- The unspoken reasons why small landlords sell off their properties
- Why staying small is unsustainable in the long run
👩🏼💻Join my live scaling workshop this week
📈 Check out Landlord Scale School
© 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 month
- When 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.
© 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's more to a lease than its terms. As a landlord, the systems and processes around your lease are often just as important to prevent legal headaches and save your sanity.
In this episode you'll learn:1. Where to get a good lease
2. What documents should be included in your lease package
3. Who needs to sign the lease
4. How to legally & efficiently accept security deposit and advance rent
🖥 Click here to join the free legal workshop this week
More episodes on leases⤵️
Episode 68: 7 Things You Should Never Do During Tenant Turnover
Click here for full show notes
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of the Good Bones podcast 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 ADU
2. What type of entity to put a MTR or ADU into
3. Some offensive asset protection options for ADUs
❓Click here to leave your question for Bonnie
© 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 entail
2. What investors are turning office space into
3. The government incentives available for office space conversions
4. The demographic indicator where office conversion succeed
Have a question you'd like answered on the podcast? Click 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
© 2021-2022 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
© 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 risk
- My 6-step contract review process
- Key terms all contracts to purchase real estate need.
Read full show notes: bonniegalam.com/73
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
© 2021-2022 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
© 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 property
- How to provide value to sellers of an estate property
- The clunky administrative hurdles you need to overcome to close an estate sale
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// 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 LLC
© 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 unwind
- The costs of failing to properly do due diligence
- How to continuously level up, even as an experienced investor
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// RESOURCES:
Show notes: bonniegalam.com/71
© 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
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 learn
- Fee structures to expect for real estate attorney
- Finding the balance between real estate law and the reality of real estate investing
- The limitations of the law firm model
⬇⬇⬇
// RESOURCES:
⚖️ Check out Landlord Law School
Read the full show notes & blog
© 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
Househackers hold a special place in my heart. They are scrappy and determined to reach financial independce
You’ll learn:
- What insurance mistakes househackers are prone to making
- The landmines of living next to your tenant
- How much insurance should you be carrying?
⬇⬇⬇
// RESOURCES:
1 . 🎉 Sign up for the free legal workshop THIS WEEK on 10/26 (&& get the asset protection assessment workshop workbook
2. Learn why texting your tenant is no bueno
© 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
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 more
- How to communicate turnovers with tenants
- Why 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 Shownotes
DISCLAIMER: 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
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 ugly
- Why all contracts are not made equally
- The 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 checklist
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 them
- The most successful types of financing for RALs
⬇⬇⬇
// RESOURCES:
✅ Download my free legal checklists
Read the complete show notes
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 pass
- 4 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 Notes
What happens when you find out mid-transaction that the property you’re under contract for isn’t the property you want?
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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 workshop
Read the complete Show Notes
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 money
- How to find lenders in your existing network
- Dave’s money partner formula to create a flywheel of private investors
⬇⬇⬇
// RESOURCES:
📆 Sign up for Dave’s Free Capital Masterclass on 9/22
Read the complete show notes
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 transaction
- How to properly evaluate an “end buyer”
- The value of lawyer-prepared documents to CYA in messy situations
// RESOURCES:
📲Download my free Ultimate Legal Checklists
Show Notes: bonniegalam.com/62
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.
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In this week’s episode you’ll learn:
- How to evaluate note purchases
- Where a private money lender thinks the housing market is going
- Navigating deals that involve difficult homeowners
// RESOURCES:
📲Download my free Ultimate Legal Checklists
Show Notes: bonniegalam.com/61
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 illegal
2️⃣ The consequences of using these apps besides risking account shut down
3️⃣ A refresh on rent collection best practices
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// RESOURCES:
Download the Ultimate Legal Checklists for Landlords
Check out the show notes at bonniegalam.com/60
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 EPISODE
- Download Amanda Han’s free E-Book
- Purchase Amanda Han’s Biggerpockets Tax Books
- The Book on Tax Strategies for the Savvy Real Estate Investor Amazon | Bookshop
- Advanced Tax Strategies: Cracking the Code for Savvy Real Estate Investors Amazon | Bookshop
- Use coupon “TAX” to get $400 off LLS this week only (ends 8/
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 Portfolio
- Check out the show notes
DISCLAIMER: 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
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 here
The way you approach repairs should be the way you approach legal. You prepare for the worst-case scenario, but you also prepare to manage the little annoying stuff - especially so it doesn’t turn into the big stuff. Legal is the same.
Tune in to learn:
1️⃣ Why I’d pick a house flood over a leaky faucet
2️⃣ How to identify the “leaky faucet” legal problems in your investing business
3️⃣ What you can do to stop losing time and money
4️⃣ Why “flood” asset protection strategy leaves you exposed
👉🏼 Register for my free legal workshop
DISCLAIMER: 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
Contractors are legal landmines. They can sue you, they can blow up your budgets and deadlines, they can put liens on your houses, and they can run away with your money. What's an investor to do?! In this week's episode, you'll learn the 5 steps you can proactively take to avoid contractor problems.
In this week’s episode you’ll learn:
1️⃣ How defensive asset protection tools like LLCs and insurance cover you in contractor disputes
2️⃣ What to look for when vetting a contractor
3️⃣ What type of documentation you should have for your contractor relationship
👉🏼 Register for my free legal workshop
DISCLAIMER: 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
Getting sued is awful, even if you win. This week I pull back the curtain on an awful personal lawsuit so that you can hopefully avoid a similar fate.
In this week's episode of House of Horrors you’ll learn:1️⃣ Unexpected situations that arise in lawsuits
2️⃣ What to do if and when you get sued
3️⃣ When you should consider having additional LLCs and insurance
4️⃣ How to fill in the gaps that lawyers leave open
👉🏼 Register for my free legal workshop
DISCLAIMER: 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
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 table
2. The economic drivers of increasing rent
3. What are some reasonable policy steps both Landlords and Tenants can agree upon?
Audio credits: HBO Max
DISCLAIMER: 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
LLCs aren't the magic bullet most lawyers make them out to be. Whether you have all your eggs in the "LLC basket" or are investing without one, understanding that LLCs won't make you or break your asset protection plan is key.
In this week's episode you'll learn:
- The situations where LLCs won’t make a difference
- How I realized that reliance on LLCs left real estate investors seriously exposed
- The difference between internal and external threats to your real estate
- What an LLC does help with during a lawsuit
DISCLAIMER: 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
Could you imagine wanting to get rid of a paying tenant? Now imagine the law getting in your way BECAUSE they are paying! The frustration is palpable in this week's episode with Frank Semo.
In this week's episode you'll learn:
- Navigating your tenant calling the police on you
- Tenant due diligence best practices
- Selling a tenant-occupied property
DISCLAIMER: 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
If you've only had easy tenants, your world can feel turned on its head when a tenant becomes nonpaying, destructive, or emboldened by bad attorneys..... or in the case of this week's horror story all of the above.
This week on the podcast we'll share:
- The emotional difficulties that come alongside an eviction
- What to do when Section 8 providers throw in the towel
- The value of de-escalation in tenant conflicts
DISCLAIMER: 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
Most property owners will breathe a sigh of relief when they hear their insurance is going to foot the bill. However, what happens when the insurance's "fix" just makes things so much worse? Tune into this week's horror story to find out!
In this episode you'll learn:
1. The ugly side of working with insurance-"vetted" contractors
2. How the legal system often doesn't bring justice, just closure
3. Where the homeowner wishes they would have put their foot down
DISCLAIMER: 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
Love, lies, and hundreds of thousands of dollars of loss. This week's episode is about the story of a Philadelphia area contractor who befriended investors and their families. Ingratiating himself into their lives with good deeds... sometimes even getting romantically involved before conning them.
Join my free legal workshop
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a written and 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
In case you need the reminder, there’s no such thing as retroactive asset protection so the best (and frankly cheapest) way to tackle the legal stuff is as early as possible. This week’s podcast guest, Amelia McGee ran into trouble in the FIRST week of owning her FIRST investment property.
This week's episode of House of Horrors is all about:1️⃣ Tenants doing the wildest and craziest things
2️⃣ The trials and tribulations of being a single, female investor
3️⃣ Evictions beyond nonpayment of rent
⚖️ Register for my free legal workshop
DISCLAIMER: 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
I know none of us would ever start a Ponzi scheme but what are the red flags? What should you put in every contract to make sure the Seller isn't doing this? And what should you know before your next refi so you don't trap yourself as this investor did!
In this week's podcast episode you'll learn:
1️⃣ The importance of beefy seller’s representations (and buyer’s attorneys to put ‘em in the contract!)
2️⃣ Red flags to keep an eye out for with contractors
3️⃣ Why cross-collateralization can be risky
👉🏼 Sign up for my free legal workshop
DISCLAIMER: 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
Turn key real estate investing is sold as a foolproof (albeit less profitable) form of real estate investing. You get the property, rehab, and property management all in one swoop. But what happens when the all-in-one Seller, contractor, and manager are corrupt? Tune into this week's house of horrors to find out as Bonnie chats with C/D class property manager Mike Bonadies about an investor who got seriously burned by their a turn-key provider.
This week you'll learn:
1. The risks of putting too much faith into turn-key rental companies
2. Why there is an inherent conflict of interest between you and your property manager
3. Why title insurance is an absolute necessity even if you’re purchasing in cash
DISCLAIMER: 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!
DISCLAIMER: 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
Tune in for a quick update about a new direction for the podcast!
DISCLAIMER: 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
Who knew that weddings + real estate were a match made in heaven?! If you are a land, Airbnb, or commercial investor..... or someone like me who just loves a good party! Then tune into this week's episode where I chat with Lindsay Lucas about her business teaching people how to run profitable wedding venues.
In this episode you'll learn:
1. What type of real estate is prime for a wedding venue
2. Which legal docs are a must-have for venue owners
3. The real estate side businesses that complement the core venue industry
Click here for the full show notes
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
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 security
- How I learned that LLCs and insurance were just the tip of the asset protection iceberg
- Why Landlords should worry about catastrophic injury cases a lot less
🎉 Register for the upcoming workshop DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
Ever get sued? I have. It was the greatest legal and asset protection I ever had although one I’d never wish upon anyone else. In this week’s episode, I explore the asset protection risk that doesn’t really feel like one. In this week's episode you'll learn:
- What makes a good "case" in court
- How many writings you should have with your contractors
- Why some evidence is weaker than others
⭐️ Register for the free Legal Mythbusting WorkshopShow notes 👉🏼 bonniegalam.com/41
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
If you think an LLC is the end-all-be-all of asset protection, well I've got news for you 👉🏼 It's just a (potential) piece of the legal pie.
In this week's episode, you'll learn:
1. How LLCs play out in the event of a lawsuit
2. The legal problems where LLCs don't matter at all
3. Why creating an LLC is just half the battle
⭐️ Register for the free Mythbusting Workshop by clicking here ⭐️
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
In this week’s episode, Bonnie answer’s real estate investors about asset protection...aka Bonnie’s favorite (legal) thing in the world
In this episode, you’ll learn:
- What asset protection do I actually like?
- How to protect paid off properties?
- Is an umbrella policy a good substitute for an LLC?
- Does it ever hurt to have an WY/NV/special state LLC?
🎉 Register for my FREE Mythbusting Workshop
👉🏼 Access the links and resources mentioned in this week’s episode at bonniegalam.com/39 DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
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 lawsuit
- What type of defensive asset protection is most protective
- What you can do to improve your chances of winning a future lawsuit today
👉🏼 Access the links and resources mentioned in this week’s episode at bonniegalam.com/38
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
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 professionals
- How your financing today can put you in a pickle tomorrow
- What competing factors you need to think about when evaluating the long term potential of a deal right now
👉🏼 Access the links and resources mentioned in this week’s episode at bonniegalam.com/37
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
In this week’s episode, Bonnie discusses year-end evaluations and planning for your investing biz and why uncovering and tackling the messy or forgotten parts of our business is critical to level up.
In this episode, you’ll learn:
- How to identify and evaluate your weak spots so you can start tackling them and create a gameplan to tackle them
- The step-by-step strategy I use to tackle the tough stuff that you can implement today in your investing biz
- Why the mental shift that happens when you take the reigns on the un-sexy part of your business can take you to the next level
👉🏼 Access the links and resources mentioned in this week’s episode at bonniegalam.com/36
Join the Good Bones Real Estate Investing Podcast Facebook Group
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
In this week’s BONUS episode, Bonnie talks about the asset protection lessons to be learned from the recent home invasion of RHOBH star Dorit Kemsley.
In this episode, you’ll learn:
- How anonymity-style asset protection plays out in a lawsuit
- What to name your LLC or trust and
- The risks of sharing too much on social media
🎁 Enter the Q4 Giveaway!
👉🏼 Access the links and resources mentioned in this week’s episode at bonniegalam.com/35
Join the Good Bones Real Estate Investing Podcast Facebook Group
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
In this week’s episode, Bonnie answers listeners’ questions about financing your portfolio. Unless you're Dave Ramsey buying your portfolio with all cash, then you'll want to tune in to learn more about legally leveraging other people's money.
In this episode here’s what you'll learn:
- When to use HELOCs vs. Cash out refi’s to scale your portfolio
- The quirks of Seller financing and how to protect yourself and the seller
- How investing with an LLC is different and what happens if you want to transfer it into an LLC later?
- My thoughts on Equity vs. debt partners?
👉🏼 Access the links and resources mentioned in this week’s episode at bonniegalam.com/34
Join the Good Bones Real Estate Investing Podcast Facebook Group
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
Scott Carson is the Note Investing MAN. Since 2008 Scott has purchased over $1 Billion in distressed notes on residential and commercial properties all across the country. In this week's episode, Scott and Bonnie chat about the legal ins and out of note investing.
In this episode you'll learn about:
- Common legal issues as a lender and note investor
- A lender's perspective on the current market
- How to think about asset protection as a note investor or lender
👉🏼 For show notes and links mentioned in this episode head to bonniegalam.com/33
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
In this week’s episode, Bonnie kicks off “financing month“ with a discussion about how to legally use and leverage and some horror stories from investors who have royally messed up the loan stuff. Bonnie also shares some best practices when it comes to creative financing and a behind the scenes look at why lending practices are the way they are.
In this episode here’s what we’ll cover
- Making sure your loans have enforceable interest rates
- The risks of cross collateralization
- The question you need to ask yourself before making a legal decision
👉🏼 For Resources and link mentioned in this episode head over to bonniegalam.com/32
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
In this week’s episode, Bonnie talks about setting the direction for your real estate business. Not only will getting clear and narrow on your direction help you grow your business, it will also make asset protection and reducing risk so much easier to obtain.
In this Episode Here’s what we’ll cover:
1)Taking your real estate investing from a hobby to a business
2)Deciding whether scaling up your business is the right choice
3)Why planning what comes next is important from a legal perspective
⚖️ Register for My Free Upcoming Asset Protection Workshop
👉🏼Check out the links and resources mentioned in this week’s episode at bonniegalam.com/31
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
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 tool
2. How trusts can protect your assets in life and death
3. What the probate process is and why real estate investors should avoid it
🎉 Click here to register for the Solid Foundation Workshop
Links, Resources, & Guest info: bonniegalam.com/30
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
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 investing
- What’s the #1 thing you should look for in out of state market
Register for the FREESolid Foundation WorkshopJoin theGood Bones Real Estate Investing Podcast Facebook Group
Access Show notes and more resources: bonniegalam.com/29
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
If you’re a real estate entrepreneur currently thinking about creating a partnership or even in one currently then this episode will be perfect for you, as it will give you the steps and tools you need to protect yourself, protect the relationship, but also use the power of partnerships to grow your real estate investing business
👉🏼 Snag the Ultimate Legal Checklist
👉🏼 See links and resources mentioned in this episode
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
If you love hearing legal horror stories - not only for their juiciness but also to make sure you don’t fall trap to the same mistakes then you’re not going to want to miss this week’s episode. This week, Bonnie breaks down just how expensive cutting legal corners in your investing business can be. You may think you’re saving money but there’s no such thing as a cheap legal mistake to clean up.
⚖️ FREE Ultimate Legal Checklist for Real Estate Investors
Link & Resources: bonniegalam.com/27
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
In this week’s episode, Bonnie chatted with Cole Swartz of @theinvestorkid fame about purpose-driven real estate investing. Cole shares his story of getting started in real estate and making an impact for his family and community.
In this Episode Here’s what we’ll cover:
- That time Cole bought a public school and what he plans to do with it
- Creating multiple income streams that support each other
- Housing as a unique opportunity to help
Register for upcoming free workshop: bonniegalam.com/workshop
Resources & Links: bonniegalam.com/26
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
In this week's episode, I take on one of the biggest names in Real Estate Investing, Grant Cardone. I've seen some of his recent content and I gotta say I disagree with it. This spicy episode covers:
1. What part of Grant Cardone's pedagogy I disagree with.
2. What is a landlord-friendly state?
3. How I self-manage in "tenant-friendly states."
Register for the free workshop: bonniegalam.com/workshop
Resources & links: bonniegalam.com/25
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
Have you ever thought to yourself "HOW DO I GET OUT OF THIS?!" Well, I've got news for you there's 10 ways to get out of a contract (some cleaner and some are definitely messier!)
This week's episode is a legal crash course on contracts and I break it down from breach to recession.
Download the free Real Estate Investors Ultimate Checklist here --> bonniegalam.com/checklist
For the rest of the show notes head over to bonniegalam.com/24
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
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
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
In this week’s episode, I catch up with my friend, Palak Shah, the founder and owner of Open Spaces Capital and Open Spaces Women
In this episode we chat about:
- Palak's signature A-B-L-E method for scaling her portfolio
- Her 3S framework for finding deals
- Why Palak created Open Spaces Women
Links and resources mentioned in this episode can be found here: bonniegalam.com/22
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
In this episode, here’s what we’ll cover:
- What is a board of directors?
- Why should you have one for your REI biz?
- Who should and should not be on your board
- What has sadly replaced the "board" in the REI industry
Links and resources mentioned in this episode can be found at bonniegalam.com/21
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
In this week’s episode, Bonnie catches up with Iffy Ibekwe, estate planning attorney and the founder of Ibekwe Law.
In this episode, here’s what we’ll cover:
- The importance of estate planning for real estate investors
- What documents they should have in place to create generational wealth
- Value of learning from others outside your industry
Links and resources mentioned in this episode can be found here: bonniegalam.com/20
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
Becky Nova, founder of the Lady Landlord Facebook Community chatted with me this week about her recent experience self-managing her NY rental properties from the Dominican Republic during COVID.
In this episode we chatted about:
- How she managed her properties (and a turnover!) from the Dominican Republic
- How being bi-lingual gives Becky a unique advantage
- How to set yourself for success to self manage from anywhere
Links and resources mentioned in this episode can be found here: bonniegalam.com/18
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
The week is Passover which commemorate and celebrates the story of Exodus. It's got Bonnie thinking a lot about the meaning of freedom and financial freedom.
In this week's episode, Bonnie chat's about:
- How she doesn't want financial freedom
- What's lifestyle she's working towards instead
- Our recent bout of long-distance self management
To access resources mentioned head over to the show notes at: bonniegalam.com/17
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
Rich Sandford is an architect with a serious passion for construction tech.
In this episode, here’s what we chatted about:
- How to Leverage Construction Technology
- Project Management With Sticky Notes and CRMs
- How selecting the right contractor can make or break a job
For links and resources mentioned in this episode and how to contact Rich go to bonniegalam.com/16
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
Decorator? Designer? Architect? NCIDQ and LEED certified interior designer Shila Griffith breaks down the different professionals who can help you with the creative and design process of rehabbing properties. Shila brings years of new construction and historic rehabilitation experience to the conversation which dives into the nitty gritty of the BIG JOBS.
In this episode we talked about:
- The difference between Interior Designer and Interior Decorator
- Where’s the line between architect and interior designer
- The fun of historic preservation and fixing up old properties
Links and resources mentioned in the episode can be found at bonniegalam.com/15
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
Real estate investing creates generational wealth, right? .... Wrong!
Don't mistake net worth with long-lasting wealth.
Sorry to burst your bubble but it takes WAY more than owning mere assets to create true generational wealth.
In this episode, Bonnie chats about:
- Stories of investors who failed to successfully keep the portfolio going from one generation to the next
- Things to consider when your "next generation" is still in diapers
- The legal stuff you need to have in order to lay the foundation for generational wealth
For show notes and resources head over to bonniegalam.com/14
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
From investor to property manager, Mike Bonadies took his landlording experience and created an additional income stream and made economies of scale for himself and his clients. Mike has gone from ZERO properties to dozens of his own and hundreds under management in his Property Management company Terravestra in just a few years. Mike doesn't hold back in sharing his story on how he found his niche, grew it, and then found leverage through property management serving investors with a similar IPA.
In this episode we chatted about:
- How Mike found his investing Niche
- How Mike thrives in C and D-Class Neighborhoods
- The Risks Around Investing during COVID-19
For more info and links mentioned in this week's episode head over to bonniegalam.com/13
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
In this episode Bonnie pulls back the curtain to share some of the struggles she's had in her businesses & the 5 things she's thankful for that helped her overcome those hurdles to reach the success she's had this year.
In this episode Bonnie talks about:
- How she's trying to unf*ck her mindset
- Why having an entrepreneurial mindset isn’t enough for real estate investors
- Why you shouldn’t only listen and learn from other real estate investors
Show Notes & Links: www.bonniegalam.com/12
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
We close tomorrow on our new commercial office space!
In this episode I talked about:
- A legal nuance of commercial sales that can have you on the hook for a lot of $$$ if you don’t follow it
- Our rehab plans
- A cost-saving trick when you are the buyer and agent
Links & Resources: bonniegalam.com/11
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
In this episode I talked (...ok ranted) about:
- Why asset protection is more than just LLCs and Trusts
- What I believe asset protection REALLY is and why the standard approach is all wrong
- 6 Asset Protection Risks people aren’t talking about
- What I believe to be the #1 source of loss for real estate investors
Running your investing biz often means dealing with other thinking about things you don’t want to. Difficult tenants, clogged toilets, taxes and yea.. the legal stuff. I get that the legal stuff isn’t the sexiest part of real estate investing but it is a key part of running any successful business… real estate being no exception. You can get 10 day free access to the entire module 1 of landlord law school here --> bonniegalam.com/sneakpeek
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
Breaking news! I signed a Letter of Intent on a new office space and will be documenting the process from LOI to close in weekly bonus episodes dropping the end of each week. In this bonus series - I’m pulling back the curtain on my current real estate purchase as I prepare to move to a new office.
In this episode Bonnie discusses:
- How to conduct due diligence on condo purchases
- How the contract negotiation is going
- What the hold up has been
- What my contingencies are
bonniegalam.com/9
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
I was introduced to this week’s guest Sarah Weaver through another podcasting friend and once I heard her 30 second bio I knew I had to have her on as a guest. Sarah’s been stuck in New Zealand since the start of COVID and has been successfully managing her portfolio from abroad.
In this episode, We chatted about:
* How Sarah manages her real estate portfolio from New Zealand?!
* Mindset stuff that holds smaller investors back
* How to get into long distance investing if you’re priced out of your local market
For more info and links mentioned in this week's episode head over to bonniegalam.com/8
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
Imperfectly showing up because showing up matters.
In This Episode I Chat About:
- Why I didn't want to release an episode this week
- The question I'm not asking in my REI biz but will now
- Lean Principles in REI
This episode was recorded as a voice note on my phone at 10 pm because I just couldn't let a week go by.
www.bonniegalam.com/7
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
Through their IG @rentalstowealth, I caught on that Lauren and Kyle implement some really creative customer service techniques with their tenants, neighbors, and even the towns they invest in. Knowing Lauren and Kyle, I don’t think there was an ulterior motive other than wanting to be the opposite of a slumlord but through their thoughtfulness and empathy, they’ve weathered the COVID storm as good as anyone could hope.
In this episode, we chatted about:
- How this husband/wife team implements customer service principles without being taken advantage of
- How they broke through “analysis paralysis”
- How they are learning to outsource work to scale
Jump on the Landlord Law School Waitlist
Show Notes: BonnieGalam.com/6
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
You want FI. You want to create generational wealth. You know you need to scale to get there but what does that take and where do the investors who sell off their portfolios go wrong? In this week’s episode, we discuss the roadblocks to scaling success and what it actually takes to build a portfolio that stands the test of time whether you have 0 properties or many.
In this episode, here’s what we’ll cover:
- What it takes to scale your investing biz
- Why some investors sell their assets off
- The 3 step framework to securely scale investing biz
www.bonniegalam.com/5
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
MK and Bonnie go WAY back to our Delta Zeta days at Drexel University but we’ve found ourselves on similar entrepreneurial and financial paths.
This episode is a goldmine of knowledge on obtaining FI, getting over your money issues, unexpected investment properties, and keeping your eye on the prize.
In this episode, here’s what we’ll cover:
- How to reach financial independence so you can do what you love
- The importance of proper project management
- What's coming next in the investing space (not just REI)
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
Contracts are the backbone to your investing business but one of the most underutilized asset protection tools! Learn the 5 contractual mishaps real estate investors find themselves in and how to avoid them.
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
Have you felt frazzled about the sheer number of investment strategies and properties on the market? Have you felt out bid or outpaced by other investors who snag the properties you're eyeing? If you answered yes to either of those questions tune into this episode where Bonnie Galam gives you a framework to defining your investing niche so you can accelerate your investments.
For links and resources mentioned in this episode head over to BonnieGalam.com/2
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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
About this podcast:
As you might already know, for the past few years, I’ve been focused on helping real estate investors legally grow and protect their properties, and while I’m obviously a big fan of covering your assets with the legal stuff, I’ve really hit my stride as an investor when I paired the legal know how with business principles.
So this podcast is going to go beyond just the legal and dive into smart, proven strategies worth implementing when it comes to being a real estate investor.
In this first episode of the Good Bones Real Estate Investing Podcast, Bonnie completely reframes how to think about investing in real estate - heck she basically throw the term out! Bonnie dives into the mindset shifts you need to make as an investor so you can strengthen your CEO muscle and of course grow your portfolio.
In this episode, here’s what we’ll cover:
- Why Real Estate Investing Isn’t “Investing”
- 4 Traits of Successful Real Estate Entrepreneuers
- The Successful Business Trifecta
For the links and resources mentioned in this episode, head on over to bonniegalam.com/1
DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones 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