
21. Why Real Estate Investors Should Have a Board of Directors
07/14/21 • 23 min
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
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, 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
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
Previous Episode

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 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 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
Next Episode

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 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
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
House of Horrors: The Legal Podcast For Real Estate Investors - 21. Why Real Estate Investors Should Have a Board of Directors
Transcript
Welcome to the good bones real estate investing podcast we're building a thriving real estate investing business has less to do with subway, tile and shiplap and everything to do with whether you've laid a solid foundation to support the life of your dreams. I'm your real estate lawyer turn legal educator host Bonnie go along. In my years building a multimillion dollar real estate portfolio. The most important lesson I've learned is that being a successful real estate investor isn't about secr
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