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28 June 2022 | 5 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
19 April 2015 | 19 replies
Everyone needs to understand that there are enough laws out there to nail anyone if the powers to be want you nailed, there really isn't some unique law or regulation that will be avoided the same way for multiple operators, your case will always be different.Walking a thin line is a risk assessment, the parties involved, the intent of the parties, their financial position, and experience, what is customary in your area, political views and opinions of your local courts, the degree of a violation, the public harm at risk, if any losses were suffered and other implications of you following some loophole.
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27 June 2015 | 10 replies
Even if it were possible I think it is a terrible idea since evictions stay on the tenant's record and can harm everything from their credit score to future rental prospects.
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9 November 2018 | 6 replies
What's the harm really?
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1 April 2018 | 10 replies
I think fresh paint cannot do any harm especially if you have the budget for it.
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19 May 2022 | 5 replies
We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
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27 February 2009 | 8 replies
Provided that the LLC has a proper operating agreement, it is current with its state filings, it has its own accounts, we are not dealing with fraud or gross negligence, and the LLC has been diligent in conducting its activities as a separate and distinct business it is extremely difficult for the plaintiff to pierce the liability veil of the LLC and hold the member personally liable for the harm.
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1 April 2013 | 8 replies
That lawyer may have liability to the financial harm that has fallen on you due to the seeming negligence.
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8 April 2015 | 15 replies
That would be terrible and cause a lot more harm than good IMO
1 August 2016 | 13 replies
I don't really see any harm in it, and I'm fully willing to do it, but I just wanted to get some feedback.