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11 October 2021 | 12 replies
I've been reading James Kandasamy's book on passive investment, but that all seems super sketch and I want to get in by myself to mitigate some of that risk.
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15 October 2021 | 4 replies
Or could you ask your landlord to start searching for another tenant, legally they're supposed to "mitigate their losses" when a tenant wants to leave early by searching for a new tenant.
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14 October 2021 | 15 replies
They can mitigate this if they have a super organized assistant that is making sure the work gets done.Every lending problem I have ever seen was due to the lender dropping the ball in some way.
14 October 2021 | 2 replies
Extended Period of Indemnity for rental value (income) of 18 months - tenant is requesting to move to 12 monthsI think I am ok to revise the limits but I think there should be something in this for me in order to mitigate the risk.
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10 July 2021 | 11 replies
But as a risk mitigation strategy in the shorter term for future eviction moratoriums, high unemployment and other (landlord) unfavorable politcal or economic policies, we are planning to make a big effort to find section 8 tenants for maybe 10-20% of our units.
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24 September 2020 | 13 replies
Your insurance can recommend a company to do the board up and early mitigation work.
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20 September 2020 | 0 replies
It's been 6 wks, and damage mitigation is done, but repairs not yet even started, so this will likely take a while.There is an open liability claim for the at fault unit (they have a renter's policy) that I've been dealing with who have been putting up a fight.
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21 September 2020 | 4 replies
A landlord, however, isn’t able to just sit back and do nothing while collecting rent from him for the remaining months of the lease.Generally, the law requires landlords to “mitigate their damages” and make a reasonable effort to re-rent the unit to another qualified tenant.
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1 October 2020 | 3 replies
This could be a complicated situation if you are to mitigate your risk as well as turn it into being even a remotely good investment for yourself.
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1 October 2020 | 3 replies
This effectively mitigates the need for a large liability limit on the property insurance so long as you are doing a good job with property upkeep and your other responsibilities.