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20 October 2013 | 7 replies
I used all the CPA's and a lawyer to design our matrix of passive income and loss streams.Knowledge is power!!!!
31 October 2013 | 7 replies
There might be a local ordinance in Port, but I would be extremely surprised.In your next lease revision, just make it clear that landlord is not responsible for tenant's losses and tenant is advised to get renter's insurance.
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6 November 2013 | 4 replies
The quote for full insurance was way too high to make sense, so the agent let me carry only liability, I self insured for any other loss.
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8 November 2013 | 3 replies
In Utah for example, the Parks were shut down and our State lost millions from the loss in tourism.
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14 February 2014 | 40 replies
You'll want insurance that will pay you in the event of a loss.
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18 August 2014 | 25 replies
I wouldn't allow anyone access and when the time comes, and the court allows you access I would sell whatever is inside to recoup some losses.
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26 February 2017 | 7 replies
A renters insurance can compensate the loss to a great extent but you need to check with your tenant whether he has it or not.
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7 October 2015 | 8 replies
I'm looking at getting a second vacation rental property that would definitely be a loss as there is little time left to recover initial costs.
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10 October 2007 | 17 replies
This is something I teach in my rentals class and so far, it has worked every time with the landlords that have used it......Getting a tenant to move peacefully and without causing physical damage is hard to doTenants being evicted tend to feel victimized and when they get upset they are a risk to do physical damage to the house and leave behind mountains of trash.It will take a minimum of three weeks to legally evict a tenant and can cost in excess of $500 (Texas Law).Owners tend to reason that they will keep the security deposit to offset losses but a tenant can cause thousands of dollars in damage in minutes.Let the tenant know that you have filed to evict them and give them a copy of the eviction papers.
8 February 2014 | 8 replies
I want to go in 'guns blazing' and even if I fail, I can accept the loss, because even if I lose I will learn (so it's not even really a loss).