Liticaphobia - Fear of Lawsuits
As I was sending a carefully worded text message to a tenant today and I got to thinking about how much the fear of lawsuits impacts my daily decisions. From driving my crappiest car to see a tenant or adding "this is not legal advice" to posts on BP. I am constantly doing little things to prevent lawsuits.
Here's my question: is this really necessary? I'm honestly not sure. We've all heard horror stories of evil tenants suing an innocent landlord. But how often does this really happen?
Here are a couple topics I'm very interested in hearing your responses to:
1) What little, or big, things do you do to prevent being sued?
2) Have you personally ever been sued? (Not a neighbor, friend, or business partner. You.)