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Bonnie Galam
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House of Horrors: The Legal Podcast For Real Estate Investors
100. Post-Closing Title Surprise with Justin Eaton
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...
2025-04-24
40 min
House of Horrors: The Legal Podcast For Real Estate Investors
99. BRRRR Gone Bad with Frankie D'Astoli
Frankie Dulli’s first deal with a partner looked like a textbook BRRRR win until the tenant moved in. From a cracked sewer line and a porta-potty in the backyard to unpaid rent, court dates, and an excuse involving kidnapping, this story has it all. If you’ve ever been tempted to skip a background check or sewer cam, let this episode stop you in your tracks.👩🏫 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 mistak...
2025-04-17
30 min
House of Horrors: The Legal Podcast For Real Estate Investors
98. Lost 6 Figure Deposit with Bob LaChance
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 hi...
2025-04-10
27 min
House of Horrors: The Legal Podcast For Real Estate Investors
97. Development Disaster with Katie Neason
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 ci...
2025-04-03
38 min
House of Horrors: The Legal Podcast For Real Estate Investors
96. Protection through Property Management with John Todderud
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 prop...
2025-03-03
25 min
House of Horrors: The Legal Podcast For Real Estate Investors
95. A Series of Unfortunate Events with Kaydee Smith Myers
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 wi...
2025-02-24
41 min
House of Horrors: The Legal Podcast For Real Estate Investors
94. What Happens When a Tenant Dies? Sarah Weaver’s Horrors Story
(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 othe...
2025-01-20
35 min
House of Horrors: The Legal Podcast For Real Estate Investors
93. First-Time Landlord vs Hoarder Tenants with Grace Gudenkauf
In this episode of House of Horrors, attorney and host Bonnie Galam welcomes Grace Gudenkauf, co-founder of the WIIRE Community (Women Investing in Real Estate). Grace shares her wild first-time landlord experience managing inherited tenants in a duplex. From 3AM toilet emergencies to family drama, hoarding, and a tenant moving out one box at a time on his mobility scooter, this story showcases creative problem-solving in property management. You'll learn:1. How to balance being compassionate with tenants while protecting your property and other residents' interests2. Effective strategies for transitioning inherited tenants to new...
2025-01-13
30 min
House of Horrors: The Legal Podcast For Real Estate Investors
92. Someone Stole Your Rental Listing
In this week's horror story, real estate attorney Bonnie Galam dives into the ever-increasing crime of listing fraud. Bonnie also shares an interesting professional dilemma for semi-professional real estate investors. You'll learn:1. 5 ways to protect your listing2. Red flags to look out for in rental listings3. The way scammers get rentals to fall for their scamsDISCLAIMER: 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 he...
2024-11-19
16 min
House of Horrors: The Legal Podcast For Real Estate Investors
91. Rampant Investor Fraud with Fannie & Freddie Mac
In this episode of the House of Horrors podcast, host and real estate attorney Bonnie Galam dives into the world of mortgage fraud. According to recent studies, a lot of investors and lenders are playing fast and furious with their loan applications. In this episode you'll learn about:A fistfight at a closingThe illegal actions Fannie and Freddie Mac say are running rampant in the investing communityWhat changes to commercial underwriting to expect to see in the futureDISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a d...
2024-10-28
20 min
House of Horrors: The Legal Podcast For Real Estate Investors
90. The Wolf of West Virginia
In this episode of the House of Horrors podcast, host Bonnie Galam delves into the fraudulent schemes of Theodore 'Teddy' Miller, the so-called 'Wolf of West Virginia' who got people to invest hundred of thousands into properties he didn't even own.In this episode you'll learn:To anticipate securities regulations when investing passivelyHow to conduct due diligence on passive investmentsRed flags in "too good to be true" investment opportunitiesDISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Ho...
2024-09-30
16 min
House of Horrors: The Legal Podcast For Real Estate Investors
89. The Property Manager Scammer
In this episode, real estate attorney Bonnie Galam recounts the harrowing tale of Herbert 'Herb' Whalen, a fraudulent property manager in Indianapolis. Learn how Whalen's web of deceit led to massive financial losses for investors and discover essential legal tips to safeguard your investments from similar scams. In this episode you'll learn:The trust but verify method of engaging a property managerPractical advice for vetting property managersLeaning in during the age of quiet quittingDISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement ag...
2024-09-23
15 min
House of Horrors: The Legal Podcast For Real Estate Investors
88. 6-Figure Contractor Crime
In this episode of the House of Horrors podcast, host Bonnie Galam, dives into an in-depth discussion on a harrowing case of contractor fraud involving a contractor who defrauded multiple homeowners out of hundreds of thousands of dollars, turning their renovation dreams into nightmares. In this episode you'll learn:Practical advice for vetting contractorsThe importance of written contracts Avoiding large upfront paymentsKnowing when to escalate disputes to criminal proceedingsDISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of House of...
2024-09-16
19 min
House of Horrors: The Legal Podcast For Real Estate Investors
86. A Tenant With An Emotional Support Alligator
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 p...
2024-07-09
16 min
House of Horrors: The Legal Podcast For Real Estate Investors
85. The Developer who Developed the Wrong Lot
In this episode, Bonnie Galam discusses a real estate horror story where a developer built a house on the wrong lot. In this episode you'll learn: The absurd reason why the wrong property got a new house on it The two types of legal mistakes How to avoid making an expensive mistake like this when dealing with contractorsDISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of House of Horrors are educational and informational only. The information discussed here isn’t legal adv...
2024-07-01
21 min
House of Horrors: The Legal Podcast For Real Estate Investors
84. What's the deal with WY, NV, & DE LLCs?!
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* differentWhat these differences practically mean in terms of asset protectionWhat (if any) asset protection you NEEDDISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Ho...
2023-09-25
29 min
House of Horrors: The Legal Podcast For Real Estate Investors
83. Three Metrics Every Landlord Needs to Track
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 rentalsThe power of tracking KPIs in your rental businessThe CEO step you have to take after auditing your rentals👉🏼 Access the links and resources mentioned in this week’s episode at bonniegalam.com/83
2023-05-22
22 min
House of Horrors: The Legal Podcast For Real Estate Investors
82. Stop Chasing Passive Income
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 termThe 3 types of taxable income & the MAJOR tax benefit of being an active landlordThe sweet spot between active and passive landlordingDISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice wi...
2023-05-17
29 min
House of Horrors: The Legal Podcast For Real Estate Investors
81. Finding Opportunity in Bureaucracy
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 tableHow much should laws affect your market shopping?How to keep your investing biz compliant in an rapidly changing legal landscapeDISCLAIMER: Although Bonnie is an attorney she doesn’t g...
2023-05-08
30 min
House of Horrors: The Legal Podcast For Real Estate Investors
80. 3 Productivity Rules I Swear By
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 learn1. How to stay ahead and on top of everything you need to do as a landlord2. What a proactive management system looks like in my rental business3. The "10 Minute Rule" that saves me hours every weekDISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually sign...
2023-05-03
19 min
House of Horrors: The Legal Podcast For Real Estate Investors
79. We can't keep talking about rental financing the same way
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 refinanceWhat to do to prevent a cash-in refiHow to evaluate deals in an increasing interest rate environmentDISCLAIMER: Although Bonnie is a...
2023-04-25
21 min
House of Horrors: The Legal Podcast For Real Estate Investors
78. Why Being a Small Landlord is Risky
You already know that lawsuits are a risk to your assets, but have you ever considered the size of your portfolio? In this episode you'll learn:Why the small landlord stage is so riskyThe unspoken reasons why small landlords sell off their propertiesWhy staying small is unsustainable in the long runDISCLAIMER: 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 intend...
2023-04-10
20 min
House of Horrors: The Legal Podcast For Real Estate Investors
77. 3 Lease Renewal Tips for Landlords
Lease renewals are deceptively difficult. It’s something that can be easy to not give much thought but has long-term trickle down effects to not just your cashflow but your ability to easily navigate an eviction or tenant disputes.In this episode, we’re going to cover:Why I don’t like letting leases lapse into month to monthWhen to use a lease addendum vs new lease Legal landmines surrounding long-term tenancies Read the full show notes here. DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice wit...
2023-01-31
25 min
House of Horrors: The Legal Podcast For Real Estate Investors
76. What landlords need to know before signing a lease
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 lease2. What documents should be included in your lease package3. Who needs to sign the lease4. How to legally & efficiently accept security deposit and advance rentMore episodes on leases⤵️Episode 68: 7 Things You Should Never Do During Tenant Turnover Click here for full show notes...
2023-01-24
22 min
House of Horrors: The Legal Podcast For Real Estate Investors
75. [Listener Q&A] - ADU & MTR Asset Protection
Accessory Dwelling Units & Mid Term Rentals are two of the hottest residential investing trends right now. In this episode, Bonnie breaks down how to protect them. In this episode you'll learn:1. Considerations to determine if a separate entity is even possible for an ADU2. What type of entity to put a MTR or ADU into3. Some offensive asset protection options for ADUs 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...
2022-12-27
11 min
House of Horrors: The Legal Podcast For Real Estate Investors
74. Office Space Conversions
News You Can Use: Let's talk about office space conversions! In this episode you'll learn:1. What types of financing do these projects entail2. What investors are turning office space into 3. The government incentives available for office space conversions4. The demographic indicator where office conversion succeedDISCLAIMER: 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...
2022-12-21
10 min
House of Horrors: The Legal Podcast For Real Estate Investors
73. The Fine Print Matters
Contracts are the cornerstone of your investing operations & growth. But understanding and optimizing them is a missed opportunity for most real estate investors. In this episode we'll cover:The contract drafting mistake putting your off-market deals at riskMy 6-step contract review processKey terms all contracts to purchase real estate need. Read full show notes: bonniegalam.com/73DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of House of Horrors are educational and informational only. The information discussed here isn’t legal...
2022-12-12
26 min
House of Horrors: The Legal Podcast For Real Estate Investors
72. Big News & The Year Long Estate Sale with David Dodge
Estate sales are a great way to score investment properties. But what happens when you’ve got 2 layers of probate? In this week’s episode with David Dodge, you end up with an unenforceable contract, a year long contract period, and a whole family tree to deal with.In this episode you’ll learn:What to look out for when signing a contract for an estate propertyHow to provide value to sellers of an estate propertyThe clunky administrative hurdles you need to overcome to close an estate saleDISCLAIMER: Although Bonnie is an attorn...
2022-12-05
43 min
House of Horrors: The Legal Podcast For Real Estate Investors
71. 3 Risks Facing New Investors with Mel & Dave Depuis
This week’s guests on House of Horrors, Mel and Dave DePuis, shared due diligence and entity structuring mistakes they made early on in their career but affected over a dozen of their properties. In This Episode You’ll Learn:Structuring mistakes that can be expensive to unwindThe costs of failing to properly do due diligenceHow to continuously level up, even as an experienced investorDISCLAIMER: 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. T...
2022-11-07
38 min
House of Horrors: The Legal Podcast For Real Estate Investors
70. The Limitations of Real Estate Attorneys
By going from working with real estate attorneys to becoming one herself, Bonnie learned the ins and outs of the role real estate attorneys play for real estate investors… but perhaps most importantly what they leave on the table. In this episode, you’ll learnFee structures to expect for real estate attorneyFinding the balance between real estate law and the reality of real estate investingThe limitations of the law firm modelDISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of House o...
2022-10-31
30 min
House of Horrors: The Legal Podcast For Real Estate Investors
69. 3 Asset Protection Tips for Househackers
Househackers hold a special place in my heart. They are scrappy and determined to reach financial independceYou’ll learn:What insurance mistakes househackers are prone to makingThe landmines of living next to your tenantHow much insurance should you be carrying?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...
2022-10-24
24 min
House of Horrors: The Legal Podcast For Real Estate Investors
68. 7 Things You Should Never Do During Tenant Turnover (& What to Do Instead)
Tenant turnover is one of the most burdensome parts of being a Landlord. After 10 years of self managing hundreds of turnovers, Bonnie has seen the good, bad, and the straight up ugly. Learn 7 of Bonnie’s top legal and property management tips to take the pain out tenant turnovers. ⬇⬇⬇In this episode you’ll learn: What simple lease changes you can implement to make your lease work for you moreHow to communicate turnovers with tenantsWhy you need to confront the painful parts of businessRead the complete ShownotesDISCLAIMER: Although Bon...
2022-10-19
28 min
House of Horrors: The Legal Podcast For Real Estate Investors
67. The Flip that Flopped
Flips that flopped may seem like a thing of the past in this market with fast appreciation. But what happens when you gotta dig into your own pocket to sell a flip? This week’s horror story with James Ledbetter is an expensive lesson in partnerships, flipping, understanding the market, and contracts. In This Episode You’ll Learn:How to properly vet partners so you’re prepared for the good, bad, and uglyWhy all contracts are not made equallyThe risks of jumping from one exit strategy to anotherDISCLAIMER: Although Bonnie is an attorne...
2022-10-10
33 min
House of Horrors: The Legal Podcast For Real Estate Investors
66. 3 Pitfalls in Residential Assisted Living with Isabelle Guarino-Smith
We all know about househacking but have you ever heard about about hacking senior living? Well this week’s guest on the podcast did just that! Isabelle Guarino-Smith shares how she got into Residential Assisted Living and 3 Legal Landmines facing investors in this asset class. In this week’s episode you’ll learn:How to navigate NIMBY-ism when you need zoning The 3 top legal risks facing Residential Assisted Living homes and how to navigate themThe most successful types of financing for RALs Read the complete show notesDISCLAIMER: Although Bonnie is an attorn...
2022-10-03
45 min
House of Horrors: The Legal Podcast For Real Estate Investors
65. Objection! Why Texting Your Tenant Is a Bad Idea
If you’re using text messages to run your real estate investing biz, then you’re gonna want to tune into this week’s podcast episode about why you shouldn’t be! In this episode, Bonnie puts on her trial lawyer had and gives you a crash course in evidence law (Law & Order Style) so you know what you need in your back pocket to win in court. In This Episode You’ll Learn:The 3 evidentiary hurdles text messages need to pass4 Reasons why text messages are weak in court My preferred methods of communicationRead the Com...
2022-09-29
28 min
House of Horrors: The Legal Podcast For Real Estate Investors
64. $19 Million Dollar Doorman Deceit
What happens when you find out mid-transaction that the property you’re under contract for isn’t the property you want?⬇⬇⬇In this episode you’ll learn Where the law draws the line for a real estate agent’s responsibilities What constitutes fraudulent representations How asset protection structures come into play in mid-transaction lawsuitsRead the complete Show NotesDISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of House of Horrors are educational and informational only. The information discuss...
2022-09-19
25 min
House of Horrors: The Legal Podcast For Real Estate Investors
63. A Creative Financing Pickle and Raising Capital Best Practices with Dave Dubeau
Other people’s money can be a great way to skyrocket your portfolio without the headache of dealing with banks. But what headaches come with private money? Let’s talk about it with Dave Dubeau!In this episode you’ll learn:Where the legal risks lay in raising private moneyHow to find lenders in your existing networkDave’s money partner formula to create a flywheel of private investorsRead the complete show notesDISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episod...
2022-09-13
31 min
House of Horrors: The Legal Podcast For Real Estate Investors
62. When the “End Buyer” Breaches in Creative Financing with Mike & Jae
Even if you aren’t doing creative deal structuring like this week’s guests, I’m willing to bet you’ve thought about wholesaling a deal. Fundamentally, this is a wholesale deal gone bad. What happens when the end buyer goes off the rails…. or ends up in jail? Tune in to find out!⬇⬇⬇In this week’s episode you’ll learn:Red flags to look for during a creative financing transactionHow to properly evaluate an “end buyer”The value of lawyer-prepared documents to CYA in messy situationsShow Notes: bonniegalam.com/62DISCLAIMER: Alt...
2022-09-05
34 min
House of Horrors: The Legal Podcast For Real Estate Investors
61. A Cautionary Tale of Note Investing with Derek Dombeck
Buying non-performing notes is not for the weak of heart. In the best-case scenario, you’ve got an uncomfortable situation with the homeowner. Worst case a messy foreclosure. But the $5000 note Derek Dombeck purchased turned out to just be UGLY. ⬇⬇⬇In this week’s episode you’ll learn:How to evaluate note purchasesWhere a private money lender thinks the housing market is goingNavigating deals that involve difficult homeownersComplete Show Notes: bonniegalam.com/61DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agre...
2022-08-29
55 min
House of Horrors: The Legal Podcast For Real Estate Investors
60. How to Legally Accept Payments
If you’re currently collecting rent using Venmo/Zelle/Cash…. No shame…. But you might want to think twice about it. The risks of using these payment apps may feel like just another real estate investing boogie man but the consequences can be ugly.In this episode you’ll learn:1️⃣ Why your current usage of these payment apps is probably illegal2️⃣ The consequences of using these apps besides risking account shut down3️⃣ A refresh on rent collection best practicesCheck out the show notes at bonniegalam.com/60DISCLAIMER: Alth...
2022-08-22
19 min
House of Horrors: The Legal Podcast For Real Estate Investors
59. Tax Horror Stories with CPA Amanda Han
There are no cheap tax mistakes just like there are no cheap legal mistakes. In this week’s episode, Bonnie is joined by CPA Amanda Han to discuss common tax mistakes real estate investors make. In this Episode, You’ll Learn: 1️⃣ The tax consequences of having too many entities 2️⃣ The importance of understanding key terms when speaking with your CPA or attorney 3️⃣ Obtaining the deductions you want through proactive tax planning// RESOURCES DISCUSSED IN THIS EPISODEDownload Amanda Han’s free E-BookPurchase Amanda Han’s Biggerpockets Tax BooksThe Book on Tax Strategies for the Savvy Real...
2022-08-08
55 min
House of Horrors: The Legal Podcast For Real Estate Investors
58. When SWAT Shows Up At Your Front Door
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 propertiesDISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes o...
2022-08-01
44 min
House of Horrors: The Legal Podcast For Real Estate Investors
57: There's No Such Thing as Retroactive Asset Protection
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 Check out the show notesDISCLAIMER: Although Bonnie is an att...
2022-07-18
13 min
House of Horrors: The Legal Podcast For Real Estate Investors
56. Your Leaky Legal Faucet is Costing You
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 exposedDISCLAIMER: Although Bonnie is an at...
2022-07-11
12 min
House of Horrors: The Legal Podcast For Real Estate Investors
55. 5 Ways to Avoid Problem Contractors
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 disputes2️⃣ What to look for when vetting a contractor3️⃣ What type of documentation you should have for your contractor relat...
2022-07-04
16 min
House of Horrors: The Legal Podcast For Real Estate Investors
54. Lessons from the *other* time I got sued
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 lawsuits2️⃣ What to do if and when you get sued3️⃣ When you should consider having additional LLCs and insurance4️⃣ How to fill in the gaps that lawyers leave openDISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice wit...
2022-06-28
21 min
House of Horrors: The Legal Podcast For Real Estate Investors
Bonus: Hey, John Oliver! Let's talk about rent!
John Oliver, the host of Last Week Tonight with John Oliver, shared his thoughts on rental housing crisis in America from evictions, to rental increases, to proposed solutions and Bonnie has thoughts!Tune in to this special bonus episode to hear real estate lawyer and investor Bonnie Galam react to John Oliver. In this episode you'll learn:1. How we as small housing providers need to reframe our position and gain a seat at the policy table2. The economic drivers of increasing rent3. What are some reasonable policy steps both Landlords an...
2022-06-24
28 min
House of Horrors: The Legal Podcast For Real Estate Investors
53. LLC Loopholes Landlords Need to Know
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 lawsuitDISCLAIMER: Although Bonnie...
2022-06-20
20 min
House of Horrors: The Legal Podcast For Real Estate Investors
52. Removing a Paying Tenant?!
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 youTenant due diligence best practicesSelling a tenant-occupied propertyDISCLAIMER: 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’...
2022-06-13
37 min
House of Horrors: The Legal Podcast For Real Estate Investors
51. When things go south mid-lease with Courtney Brown
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 evictionWhat to do when Section 8 providers throw in the towelThe value of de-escalation in tenant conflictsDISCLAIMER: 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...
2022-04-01
43 min
House of Horrors: The Legal Podcast For Real Estate Investors
50. Insurance backfiring?! with Sheri Curtin
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 closure3. 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 du...
2022-03-28
36 min
House of Horrors: The Legal Podcast For Real Estate Investors
49. The Contractor Tindler Swinder
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 workshopDISCLAIMER: 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 inform...
2022-03-22
56 min
House of Horrors: The Legal Podcast For Real Estate Investors
48. Problems in Week ONE with Amelia McGee
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 investor3️⃣ Evictions beyond nonpayment of rent⚖️ Register for my free legal workshopDIS...
2022-03-17
51 min
House of Horrors: The Legal Podcast For Real Estate Investors
47. New Construction Ponzi Scheme
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 contractors3️⃣ Why cross-collateralization can be risky👉🏼 Sign up for my free legal work...
2022-03-09
27 min
House of Horrors: The Legal Podcast For Real Estate Investors
46. (Not So) Turn Key Real Estate Investing with Property Manager Mike Bonadies
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 companies2. Why there is...
2022-02-28
38 min
House of Horrors: The Legal Podcast For Real Estate Investors
45. The House of Horrors
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 subs...
2022-02-21
22 min
House of Horrors: The Legal Podcast For Real Estate Investors
44. Exciting Podcast News
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 no...
2022-02-14
08 min
House of Horrors: The Legal Podcast For Real Estate Investors
43. Real Estate Match Made in Heaven 💍
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 venue2. Which legal docs are a must-have for venue owners3. The real estate side businesses that complement the core venue industry...
2022-02-07
32 min
House of Horrors: The Legal Podcast For Real Estate Investors
42. Catastrophic Injury, Catastrophic Exaggeration
In perhaps her fiestiest episode yet, attorney Bonnie Galam rails against the traditional legal strategies espoused by other attorneys. Basing her reasoning on statistics and both professional and personal experiences - what you'll find out in this week's episode may surprise you.In this week's episode you'll learn:Why traditional asset protection plans create a false sense of securityHow I learned that LLCs and insurance were just the tip of the asset protection icebergWhy Landlords should worry about catastrophic injury cases a lot less🎉 Register for the upcoming workshop
2022-01-10
12 min
House of Horrors: The Legal Podcast For Real Estate Investors
41. A Gentleman's Agreement is Not Enough
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 courtHow many writings you should have with your contractorsWhy some evidence is weaker than others⭐️ Register for the free Legal Mythbusting WorkshopShow notes 👉🏼 bonniegalam.com/41DISCLAIMER: Although Bonn...
2022-01-03
17 min
House of Horrors: The Legal Podcast For Real Estate Investors
40. Your LLC Isn't Enough
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 lawsuit2. The legal problems where LLCs don't matter at all3. 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 ep...
2021-12-31
18 min
House of Horrors: The Legal Podcast For Real Estate Investors
39. Asset Protection Q&A
In this week’s episode, Bonnie answer’s real estate investors about asset protection...aka Bonnie’s favorite (legal) thing in the worldIn 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/39DISCLA...
2021-12-22
23 min
House of Horrors: The Legal Podcast For Real Estate Investors
38. Lawsuit Reality Check with Litigation Attorney Trevor Serine
In this week’s episode, Bonnie Galam chats with attorney Trevor Serine about how asset protection tools play out during a lawsuit. We cover things from offshore account to the insider threat no defensive tool can protect you from.In this episode you’ll learn: Why LLCs sometimes provide limited asset protection in the event of a lawsuitWhat type of defensive asset protection is most protectiveWhat you can do to improve your chances of winning a future lawsuit today👉🏼 Access the links and resources mentioned in this week’s episode at bo...
2021-12-15
45 min
House of Horrors: The Legal Podcast For Real Estate Investors
37. Why Real Estate Investors Should Care if the Market Turns South
In this week’s episode, Bonnie Galam combines her background in economics and law to explain what real estate investors need to understand and evaluate when buying real estate in this WILD market. In this episode you’ll learn:Why you’re inundated with risky messaging from trusted professionalsHow your financing today can put you in a pickle tomorrowWhat competing factors you need to think about when evaluating the long term potential of a deal right now👉🏼 Access the links and resources mentioned in this week’s episode at bonniegalam.com/37DIS...
2021-12-08
21 min
House of Horrors: The Legal Podcast For Real Estate Investors
36. Tackling the Tough Stuff
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 themThe step-by-step strategy I use to tackle the tough stuff that you can implement today in your investing bizWhy the mental shift that happens when you take the reigns on the un-sexy part of your busin...
2021-12-01
25 min
House of Horrors: The Legal Podcast For Real Estate Investors
35. BONUS! Real Housewives and Asset Protection
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 lawsuitWhat to name your LLC or trust andThe 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/35Join the Good Bones Real Estate Investing Podcast Facebook GroupDISCLAIMER: Although Bonnie is an attorney sh...
2021-11-19
17 min
House of Horrors: The Legal Podcast For Real Estate Investors
34. Mo'Money, Mo' Problems
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 portfolioThe quirks of Seller financing and how to protect yourself and the sellerHow 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...
2021-11-17
32 min
House of Horrors: The Legal Podcast For Real Estate Investors
33. Legal Note Investing with Scott Carson
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 marketHow to think about asset protection as a note investor or lender👉🏼 For show notes and links mentioned in this episode head to bonniegalam.com/33DISCLAIMER: Althoug...
2021-11-10
56 min
House of Horrors: The Legal Podcast For Real Estate Investors
32. It's All About the Money
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👉🏼...
2021-11-04
21 min
House of Horrors: The Legal Podcast For Real Estate Investors
31. So What's Next?
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 business2)Deciding whether scaling up your business is the right choice3)Why planning what comes next is important from a legal perspective⚖️ Register f...
2021-10-27
21 min
House of Horrors: The Legal Podcast For Real Estate Investors
30. "No" to LLCs and "Yes" to Land Trusts?! with attorney Mark Moss
Asset protection varies from state to state. In this week's episode of the Good Bones Real Estate Investing Podcast, Bonnie Galam chats with Florida attorney Mark Moss about when to use (or not use) certain asset protection tools like LLCs and Land Trusts. In this episode here's what we chatted about:1. When LLCs may not be the right asset protection tool2. How trusts can protect your assets in life and death3. What the probate process is and why real estate investors should avoid it🎉 Click here to register for the Solid...
2021-10-20
51 min
House of Horrors: The Legal Podcast For Real Estate Investors
29. Legally Investing Out of State
Own property out of state or thinking about it? Then, this episode is must a listen because real estate attorney Bonnie Galam breaks down what to look out for, best practices, and common missteps when it comes to legally out of state investing in real estate.In this Episode Here’s what we’ll cover (Buzzsprout and website)Why out of state investing is so legally nuanced Common asset protection mistakes when it comes to Out of State investingWhat’s the #1 thing you should look for in out of state market Register for the FREE
2021-10-13
29 min
House of Horrors: The Legal Podcast For Real Estate Investors
28. Legal Partnerships & Rocket Fuel
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 episodeDISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bones are educat...
2021-10-06
15 min
House of Horrors: The Legal Podcast For Real Estate Investors
27. Three Times LLCs Weren’t Enough to Protect Real Estate Investors
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 InvestorsLink & Resources: bonniegalam.com/27DISCLAIMER: Although Bonnie...
2021-09-29
15 min
House of Horrors: The Legal Podcast For Real Estate Investors
26. Big Acquisitions and Big Purpose with Cole Swartz (@theinvestorkid)
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 itCreating multiple income streams that support each otherHousing as a unique opportunity to helpRegister for upcoming free workshop: bonniegalam.com/workshopResources & Links: bonniegalam.com/26DISC...
2021-09-15
50 min
House of Horrors: The Legal Podcast For Real Estate Investors
25. Grant Cardone, I Beg to Differ
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/workshopResources & links: bonniegalam.com/25DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All ep...
2021-08-16
27 min
House of Horrors: The Legal Podcast For Real Estate Investors
24. 10 Ways to Legally End a Contract
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/checklistFor the rest of the show notes head over to bonniegalam.com/24DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal ad...
2021-08-04
35 min
House of Horrors: The Legal Podcast For Real Estate Investors
23. 1 Phone Call That Made Me Double Down on Real Estate Investing
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/23DISCLAIMER: 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...
2021-07-28
19 min
House of Horrors: The Legal Podcast For Real Estate Investors
22. Translating your 9-5 to your REI Biz with Palak Shah
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 portfolioHer 3S framework for finding dealsWhy Palak created Open Spaces WomenLinks and resources mentioned in this episode can be found here: bonniegalam.com/22DISCLAIMER: 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 infor...
2021-07-21
44 min
House of Horrors: The Legal Podcast For Real Estate Investors
21. Why Real Estate Investors Should Have a Board of Directors
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 boardWhat has sadly replaced the "board" in the REI industryLinks and resources mentioned in this episode can be found at bonniegalam.com/21DISCLAIMER: 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 ad...
2021-07-14
23 min
House of Horrors: The Legal Podcast For Real Estate Investors
20. Estate Planning with Iffy Ibekwe
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 investorsWhat documents they should have in place to create generational wealthValue of learning from others outside your industryLinks and resources mentioned in this episode can be found here: bonniegalam.com/20DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of Good Bon...
2021-06-24
48 min
House of Horrors: The Legal Podcast For Real Estate Investors
19. 5 Ways Not to Be a Slumlord
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, w...
2021-04-16
27 min
House of Horrors: The Legal Podcast For Real Estate Investors
18. Self Managing from the Dominican Republic with Becky Nova
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 RepublicHow being bi-lingual gives Becky a unique advantageHow to set yourself for success to self manage from anywhereLinks and resources mentioned in this episode can be found here: bonniegalam.com/18DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dua...
2021-04-06
55 min
House of Horrors: The Legal Podcast For Real Estate Investors
17. Exodus & Why I Don't Want Financial Freedom
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 freedomWhat's lifestyle she's working towards insteadOur recent bout of long-distance self managementTo access resources mentioned head over to the show notes at: bonniegalam.com/17DISCLAIMER: 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. Th...
2021-04-02
15 min
House of Horrors: The Legal Podcast For Real Estate Investors
16. Beyond the Blueprint with Architect Rich Sanford
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 TechnologyProject Management With Sticky Notes and CRMsHow selecting the right contractor can make or break a jobFor links and resources mentioned in this episode and how to contact Rich go to bonniegalam.com/16DISCLAIMER: 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’...
2021-03-23
1h 03
House of Horrors: The Legal Podcast For Real Estate Investors
15. Decorator? Designer? Architect? with Shila Griffith
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 DecoratorWhere’s the line between architect and interior designerThe fun of historic preservation and fixing up old propertiesLinks and resources mentioned in the ep...
2021-03-16
44 min
House of Horrors: The Legal Podcast For Real Estate Investors
14. How to ACTUALLY create generational wealth
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 nextThings to consider when your "next generation" is still in diapersThe legal stuff you need to have in order to lay the foundation for generational wealthFor show notes and resources head over to bonniegalam.com/14
2021-03-13
23 min
House of Horrors: The Legal Podcast For Real Estate Investors
13. Economies of Scale through Property Management with Mike Bonadies
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 NicheHow Mike thrives i...
2021-03-09
41 min
House of Horrors: The Legal Podcast For Real Estate Investors
12. 5 Things I'm Thankful for This Year
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 mindsetWhy having an entrepreneurial mindset isn’t enough for real estate investorsWhy you shouldn’t only listen and learn from other real estate investorsShow Notes & Links: www.bonniegalam.com/12DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal a...
2020-11-28
25 min
House of Horrors: The Legal Podcast For Real Estate Investors
11. Office Purchase Update
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 itOur rehab plans A cost-saving trick when you are the buyer and agentLinks & Resources: bonniegalam.com/11DISCLAIMER: 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...
2020-11-12
13 min
House of Horrors: The Legal Podcast For Real Estate Investors
10. 6 Hidden Asset Protection Risks
In this episode I talked (...ok ranted) about:Why asset protection is more than just LLCs and TrustsWhat I believe asset protection REALLY is and why the standard approach is all wrong6 Asset Protection Risks people aren’t talking about What I believe to be the #1 source of loss for real estate investorsRunning 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...
2020-10-30
24 min
House of Horrors: The Legal Podcast For Real Estate Investors
9. I'm (Almost) Under Contract!
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 purchasesHow the contract negotiation is goingWhat the hold up has beenWhat my contingencies arebonniegalam.com/9DISCLAIMER: Although Bonnie is...
2020-10-23
17 min
House of Horrors: The Legal Podcast For Real Estate Investors
8. Super Long Distance Investing with Sarah Weaver of Agents Invest
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 backHow to get into long distance investing if you’re priced out of your local marketFor more info and links...
2020-10-20
1h 03
House of Horrors: The Legal Podcast For Real Estate Investors
7. The 1 Question You Aren't Asking Your Tenants But Should Be
Imperfectly showing up because showing up matters.In This Episode I Chat About:Why I didn't want to release an episode this weekThe question I'm not asking in my REI biz but will nowLean Principles in REIThis 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/7DISCLAIMER: 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 on...
2020-09-27
10 min
House of Horrors: The Legal Podcast For Real Estate Investors
6. Talking Customer Service and Scaling with Lauren & Kyle Clugston
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 ofHow they broke through “analysis paralysis”How they are...
2020-09-15
1h 16
House of Horrors: The Legal Podcast For Real Estate Investors
5. Are You Building A Plane While Flying It?
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 bizWhy some investors sell their assets offThe 3 step framework to securely scale invest...
2020-09-08
21 min
House of Horrors: The Legal Podcast For Real Estate Investors
4. Accidental Landlord & Financially Independent by 30 w/ MK Williams
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 loveThe importance of proper project managementWhat's coming next in the investing space (not just REI)DISCLAIMER: Although Bonnie is an atto...
2020-09-01
55 min
House of Horrors: The Legal Podcast For Real Estate Investors
3. Honey, That's Not How Contracts Work
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...
2020-08-25
30 min
House of Horrors: The Legal Podcast For Real Estate Investors
2. Defining Your IPA
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/2DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement ag...
2020-08-17
38 min