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31 August 2015 | 2 replies
The best resource I know of is the book "How to Use Limited Liability Companies & Limited Partnerships" by Garrett Sutton.
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1 September 2015 | 11 replies
I wouldnt suggest a real estate agent because at the end of the day their liability is limited compared to a RE attorney and you already found the properties.
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17 October 2015 | 10 replies
Kristin writes builders risk and liability insurance with Erie Insurance which is one of the best policies in the business for rehabbers.
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2 September 2015 | 13 replies
John I ended with open ended liability on city and state inspections which have since cost me 20,000.00 and obviously improved the property from what I believe was a "as is" sale.
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1 September 2015 | 0 replies
I say "No - the garage should be condemned and it is too big a liability for me to rent out."
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3 September 2015 | 6 replies
However I do know that industry uses dangerous and environmentally problematic chemicals.I would be VERY concerned with inheriting an expensive environmental liability problem created by the previous ownership.If I were buying this kind of business its something I would investigate carefully and probably have an outside expert involved.
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7 October 2015 | 22 replies
That's where the liability falls.
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31 October 2015 | 19 replies
I currently do not have: Security deposit, tenant name on utilities, tenant insurance (I'm guilty too for structural + liability).
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2 September 2015 | 2 replies
If you are going to do it, you should max out your rentals regarding liability insurance (mine is 500k) and also get an umbrella policy (i'm at 2M).
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6 September 2015 | 16 replies
Have $500k liability ins and an umbrella policy if you like.