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29 November 2017 | 22 replies
Things may very well be different there, but you should look into it.Generally, you have a duty to mitigate your damages.
8 December 2017 | 10 replies
Now you don't have to be good at every aspect you learn about, but it's vital in deciding where you want to go in this industry.
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29 January 2018 | 54 replies
Strategic use of debt is vital, an automatic assumption that more is better in every circumstance is unwise, especially for those whose real estate investments coexist with other income, professional circumstances, retirement issues etc.We are in an unprecedented period of liquidity over the last 30-40 years.
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30 November 2017 | 3 replies
I am reviewing a property management agreement and came across this clause RE: Indemnification that seems too broad:INDEMNIFICATION:(a) The Owner shall indemnify, defend and save Agent harmless from all suits and/or other legal proceedings whatsoever and cost incurred therefrom in connection with the management of the Property and from liability for injuries suffered by any employee or other person whomsoever, except in cases of willful misconduct or gross negligence on the part of Agent or its employees, (b) The Owner shall indemnify and hold harmless the Agent from and against any costs, loss, expense or damage (including attorney's fees) suffered or incurred by the Agent arising out of or related to the enforcement of this Agreement arising out of a default or other breach by the Owner, the management, operation, improvement, alteration and leasing of the Property, including all other activities arising out of or related to Agent's duties under this Agreement or as a result of any act or thing done or permitted by the Agent or its agents or employees; provided, however, that such indemnification shall not apply to any such cost, loss, expense or damage to the extent that the same relates to or as a result of conduct by Agent which constitutes willful and wanton misconduct.It seems like if one of the Property Manager workers (aka Agent) slips and hurts himself while cleaning the floor the "Owner" is then responsible.
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29 November 2017 | 9 replies
., not matter) and the parties may still have a duty to close in good faith.
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29 November 2017 | 3 replies
*EDIT* Marijuana is not legal in Ohio and landlords have an affirmative, statutory duty to turn in any illegal substances found on their property
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4 December 2017 | 45 replies
If the Seller shows signs of having the same desire, they will give him the time to work it out.My main point is that communication with the existing lender is vital asap.
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4 December 2017 | 5 replies
I'm active duty military and I'm getting ready to retire from the military within the next two years.
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2 December 2017 | 9 replies
If you want to be a host, but do not own anything, you can still do that and make money.Homeowners who don't want to have hosting duties can offer their unit(s), and a Host can opt to take it on.It is a great matchmaking opportunity for homeowners who have units, but don't want to do the work, and for a Host who doesn't mind the work, but doesn't have the inventory to both profit.Anyway, I just thought I would throw that out there since there is a legal, and inviting way to do what you are talking about without getting in trouble with a landlord OR take on any added leasing debt liability.
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18 March 2018 | 11 replies
Being active-duty have a lot of challenges when investing, like most of us know, one of them being the trust.