Nina W.
Using HELOC to buy real estate through corporation
6 September 2018 | 2 replies
Limited Liability on you personally: If you were sued (a tenant is injured on your property) or had a legal case against you as a landlord, it would be against the corporation and not you personally so it can assist in protecting your personal assets in this type of situationThe title of the property will be in a corporate name but you, the investor, will be required as the owners of the corporation to also provide personal guarantees.
Davit Shahverdyan
Rental Property Question
6 September 2018 | 2 replies
Dear friends,Please give me suggestion.I am from Armenia and a lot of members of our society think that per day renting process has many disadvantages , because tenants can injure the apartment.Is it beneficial that rent the apartment and give it on airbnb for per day?
Jessica Wood
At what point has a tenant abandoned the property?
15 September 2018 | 8 replies
I would argue that for all you know she could be dead inside the unit, or injured and therefore you needed to call a locksmith to provide access.
Mike B.
Renovating a BRRRR rental property PRIOR to closing?
17 September 2018 | 20 replies
That way, if there is damage to the property or someone gets injured their coverage protects everyone.
Deirdre Callan
Buyer has done a lot of unauthorized work before closing.
30 September 2018 | 13 replies
I have been at risk of someone injuring themselves and suing.
Wakes Andre
HO6 Insurance for Rental Properties
13 August 2018 | 2 replies
These costs are sometimes split between all owners in that community, this coverage takes care of that.Liability, if someone gets injured or sues you, this coverage is for that.
Tom Lybyer
How do you make cash flow in a hot market?
30 July 2018 | 2 replies
No pictures were injured in writing of this post.
Michael Lear
Tank Sweep Company Missed Oil Tank
24 December 2021 | 32 replies
For example, if it were that simple, doctors could just have patients sign off that they might die or be injured during surgery, and there would be no need to spend multiple digits of expenditure in malpractice insurance and we could visit a doctor for $50.Go after their insurance.
Sam Leon
Providing proof of repairs to insurance after hurricane damages
7 August 2018 | 2 replies
The only concession I got from him was (1) He and all crew members will sign a hold harmless release of waiver of liability form in case any of them got injured, and (2) cash means I will write him a check in his personal name.So I do have cancelled checks to individual names, even on the check I wrote a reference "debris clean up @ address".
Amy Forst
Renting to Pitbull Owners
25 November 2018 | 16 replies
Certain animals, and certain breeds of animals, have a significantly higher risk of injuring or killing people in those animals should not be allowed in your rentals, particularly when your insurance makes it clear they will not cover you.