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1 December 2017 | 8 replies
However, you can tag any employee of BiggerPockets without being colleagues.
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30 November 2017 | 3 replies
I am reviewing a property management agreement and came across this clause RE: Indemnification that seems too broad:INDEMNIFICATION:(a) The Owner shall indemnify, defend and save Agent harmless from all suits and/or other legal proceedings whatsoever and cost incurred therefrom in connection with the management of the Property and from liability for injuries suffered by any employee or other person whomsoever, except in cases of willful misconduct or gross negligence on the part of Agent or its employees, (b) The Owner shall indemnify and hold harmless the Agent from and against any costs, loss, expense or damage (including attorney's fees) suffered or incurred by the Agent arising out of or related to the enforcement of this Agreement arising out of a default or other breach by the Owner, the management, operation, improvement, alteration and leasing of the Property, including all other activities arising out of or related to Agent's duties under this Agreement or as a result of any act or thing done or permitted by the Agent or its agents or employees; provided, however, that such indemnification shall not apply to any such cost, loss, expense or damage to the extent that the same relates to or as a result of conduct by Agent which constitutes willful and wanton misconduct.It seems like if one of the Property Manager workers (aka Agent) slips and hurts himself while cleaning the floor the "Owner" is then responsible.
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29 November 2017 | 7 replies
I am using a high level professional with a good reputation but I am concerned they are just too busy and the underlings don't get it done right.For those that have complicated returns what is the accepted amount of material errors to see in a tax return?
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29 November 2017 | 8 replies
Just want to make sure I am on the same page...Keep in mind when thinking about property managers, they have overhead of conducting business, including employee wages and benefits, hardware and software costs, utilities and rent for their office location, insurance costs, licensing costs for their employees plus the time and effort put into maintaining compliance with applicable laws regarding third party management of real estate assets.
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14 October 2018 | 1 reply
I talked to someone from Inc Authority who told me that the best way to structure a real estate investment business is to form an irrevocable trust at the top level.
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1 December 2017 | 4 replies
On some level you need someone to data enter but on the other you need someone who is knowledgeable about construction to help you make the allocations between capital repairs and expenses.
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1 December 2017 | 5 replies
Hi Everyone! My name is Lisa Von and I am in the early stages of learning all about real estate investing! I have been an entrepreneur since 2004 in the marketing, social media and website development field. I am inte...
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30 November 2017 | 1 reply
The main 1st duplex has been painted on the outside, the lower level has the new windows installed, both units have brand new high effenciency furnaces and a/c, which the upstairs never had duct a/c always window units.
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4 December 2017 | 14 replies
Other than the obvious Hammer, Hand saw, tape, screw guns, and levels - Mine is the following:1.) oscillating tool is a must for keeping trim in place and replacing flooring.
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3 December 2017 | 14 replies
You said it's zoned residential, but could it be converted to a co-working space where people rent desks?