House of Horrors: The Legal Podcast For Real Estate Investors

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 cur...

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...

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...

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 you...

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...

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...

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. ⚖...

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 H...

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 worksho...

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/check...

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...

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: Althoug...

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...

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...

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...

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 m...

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 he...

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...

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 diffe...

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...

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 hi...

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...

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...

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...

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 n...