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3 March 2019 | 42 replies
You will find that the threat of a lawsuit is often times nothing more than a threat, but be prepared for the ones that actually may try to proceed.
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4 March 2019 | 27 replies
This is highly abused and becoming more common place in the rental market ..sadly I have not read where a landlord has much they can do to stop this insanity without risk if serious fines and lawsuits
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3 March 2019 | 14 replies
To require such exposes me to a lawsuit where the tenant can sue me for "forced compliance."
1 March 2019 | 1 reply
I never have heard from a private owner filing a lawsuit, although, I do understand the threat of it.Good Luck.
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5 March 2019 | 9 replies
@Dave Foster@Kristen Bouvier ScovilleI remember reading somewhere, probably here in BP, that it is BEST for the Buyer of the Property to NOT take the Property via the purchase of the LLC.The problem for the Buyer is that any pending or future Lawsuits that would be filed against the LLC can affect the new Owners of that LLC.This is all from memory so I don't know if this is 100% Correct.BUT... if it were me purchasing the Property, I think it's too risky as I would inherit any potential problems from the past history of the LLC, even if it has a good Credit History.Just curious what you think.
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10 May 2019 | 58 replies
Also, when there are a lot of bad deals there will be a lot of lawsuits.
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6 March 2019 | 5 replies
Thought this might also benefit you.1st pillar is avoiding unnecessary and risky activities (don't drink and drive, insurance generally won’t cover your poor decisions) and take good care of your investments - these simple steps will help you prevent lawsuits before they even occur.2nd pillar is a good insurance policy as that cover the majority of your exposure.
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1 May 2019 | 6 replies
If not, the next best option would be to buy a SFH with some sort of casita or mother in law suite that could be rented on a short term basis (AirBnb/VRBO).
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5 March 2019 | 32 replies
Combine some of those factors with congress attempting to make collection law even more consumer friendly, and the rise of frivolous collection lawsuits, and you have an eventual recipe for a bubble bursting.
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4 March 2019 | 19 replies
Hi Teresa,You should talk to an attorney about this vs getting an online consensus.If the lawsuit lists an LLC as the owner you probably won't be able to appear for it, it will probably have to be an attorney.You should contact an attorney ASAP and not post details online about this.Good Luck!