Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Harita Konjeti Terminated lease for tenant
7 August 2022 | 5 replies
I would guess if you didn’t share and the issue resulted in a lawsuit, not providing the lease would be an automatic strike against you and the judge would lean in favor of the tenant. 
Torin Perret Should I form an LLC?
9 July 2022 | 7 replies
If you fail to follow the rules, you may open your personal assets to a lawsuit.
Ben M. Selling home while under contract with property management
11 July 2022 | 12 replies
So, as others have stated, it's really about having to deal with a pushy Realtor that treats the PMC badly.There are legitimate liability concerns:- Tenant's possession(s) go missing during a showing- Prospect is injured at a showing and sues EVERYONE- Realtor shows up at tenant's home and strong-arms their way into walk-thru or showing, causing tenant to file lawsuit for violation of their privacy rights.- Etc.Our contract states we charge owners $50 for any appointment NOT related to property management.
Joseph Lo VRBO traveler first chargeback we won then second chargeback LOST
12 July 2022 | 13 replies
If we lose one and we feel that the facts are on our side, we file a lawsuit in small claims court and proceed from there. 
Sam Hudacek Thoughts on property management as a side business?
12 July 2022 | 10 replies
Doing it while working your full time job sounds like a lawsuit waiting to happen.
Will Smith Rookie: Out of State Investing
15 August 2022 | 11 replies
I'm using my previous agent to look for a property that has a detached garage/in-law suite as I need a place to keep my things permanently and try to get away from living in friends attics between deployments, but am willing to keep downsizing personal belongings and couch surfing if it gets me closer to my goal. 
Cameron Moore Umbrella Insurance for your protection
12 July 2022 | 1 reply
In the event of a lawsuit, this coverage will come into play for the fees and possible settlements.
Mike Berry 4 plex insurance question that is in an LLC.
14 July 2022 | 4 replies
If the LLC is not on the policy, you leave the door open for the insurance company to not respond to a lawsuit against the LLC.If you get a new policy with the LLC as the Named Insured, you will want a Renters policy to provide coverage for your personal belongings not owned by the LLC. 
Andrina Shrestha LOAN APPROVAL INQUIRY
19 July 2022 | 1 reply
They of course check to make sure you don't have anything big like a major lawsuit against you, foreclosures, etc. but those are mostly niche things.As far as where to apply, I would recommend just looking at reviews of places and see who has a good reputation for following through and for good products.
Meagan Rubick What kind of flooring is good for rental properties?
21 July 2022 | 8 replies
Once that water is trapped between the vinyl plank and the floor underneath, it's all over if cement is underneath, it'll eventually dry in 3 or 4 days but it just wasn't worth the constant risk of threatening lawsuits from tenants thinking they are sleeping in urine and feces.