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23 November 2015 | 8 replies
I will talk to the PMs to see if they have ever enforced this, if not, I will be the ground breaker.My concern over tenants carrying policy is more for liability on their part if they cause a fire or other incident requiring a claim, I would want "their" insurance to get hit and not mine.
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16 October 2019 | 8 replies
So there was no incident in getting them out other than it took a little longer than I anticipated.
10 May 2018 | 3 replies
After 10 years, this is actually the first incident.
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27 November 2017 | 15 replies
I can't wait to bring all you fine people together at my event (which we officially announce next week) and join you all for many others all over the country...hopefully for years to come.P.S.Your ACL incident has scared me into only going Snow-Shoeing at Joe's upcoming event!
4 May 2015 | 46 replies
I won't identify him because I think that would ruin his business for what could be a one time "just me" incident.
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18 September 2013 | 23 replies
I moved to Florida for a year and had zero property manager, but because I vetted my tenants properly, they payed me without incident like clockwork.
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19 November 2017 | 23 replies
Similarly I had an incident with a CO issue as well as it related to my flip which I shared in a blog as to hopefully help others to avoid the same situation!
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4 May 2018 | 22 replies
Insurance policies and LLCs are designed to help after an incident has taken place and both should be considered, but a thorough assessment of risks and a plan to mitigate those risks will help prevent an incident in the first place making both you and the potential victim better off.I think the choice of insurance or LLC is a personal decision based on your appetite for risk (which is why I try to gain more control and focus strongly on mitigation strategies).
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17 February 2015 | 14 replies
Now with the current tenants being on a month to month lease currently does the owner have the right to not continue this practice based off of this incident?
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14 September 2012 | 5 replies
This is why with apartments I do not get landlord agreements with the power companies.The tenants will call the power company and lie and say they are moving to another address.The power company then transfers to you the landlord and a few months later you get a huge bill.I would just pay the 30.00 turn on fee if I needed to work in the unit to get ready for re-rental.Much better that way and the tenant can't run their scam that way.I did catch another tenant of mine (section 8)plugging into a vacant unit next door on the outside plug.I had power turned on as I was working on that unit.I unplugged the first time and they kept doing it so I took a picture with time and date and called the cops.Made an incident report but not a formal charge.Police politely told the tenant you can't do that ( I wasn't there when he explained to them) and that if it happened again they would have some new arm bracelets to wear.They didn't do it after that.The cop said I could have filed charges instead of incidence report but that he thought a warning was best versus arresting them and then they get mad and do damage to the unit.He said if it happened again maybe go the other route.I kept the documentation and pictures to show the character of this tenant in case they tried to make any claims or lawsuits down the road etc.I have had my fill of low income tenants.Too much drama there.It's not usually worth the extra few percent annually when you account for everything.