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26 November 2015 | 46 replies
I sat and listened to a colleague of mine talk about how his tenants managed to cause 40K of damage to his house and because he was stationed out of the country he could do nothing about it.
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11 December 2019 | 10 replies
Compared to the cost of insurance the landlord pays vs. tenant for renters insurance it is a small amount.We all know that renters insurance covers theft, damages to property, and liability for the tenants property.
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12 November 2015 | 30 replies
.- Now the plaintiff can obtain judgement from both property A *and* property B; both are liquidated to pay damages (A covers 400K of it, and B covers an additional 100K of it) - your LLC now has a worth of 300K, down from 800K.If you had owned property A and property B in separate LLC's, property B would have remained untouched (assuming there was nothing causing the court to go after your other assets - i.e you grossly mismanaged the LLC finances or something).
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30 June 2023 | 52 replies
So I guess the question is could curry odor related damage cause $1,200 of damage to the unit?
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30 January 2016 | 7 replies
I recommend conducting an inspection to verify there is no damage before releasing anyone.
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31 January 2016 | 4 replies
What do you guys typically take out when returning deposit to tenant, assuming no expenses for damages beyond normal wear and tear?
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8 February 2016 | 6 replies
My first rule is: Report to the Landlord in a timely manner any defects, maintenance, or damage in the Tenant’s Premises, or the inside or outside common areas, so the Landlord may remedy in a timely manner and maintain a safe and comfortable environment for the enjoyment of the Tenants.
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11 February 2016 | 14 replies
., damage, warranty) and is poor business (when was the last time you brought your own beef to a restaurant for the chef to cook?).
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9 April 2017 | 9 replies
I told him I'm not going to put up with someone breaking the rules, so if I'm going to serve a notice, I need some type of evidence, rather than just "he said, she said".Fast forward to 2 nights ago, the upstairs tenant was apparently being loud, the downstairs tenant went up and they argued for a time and I received texts from both tenants, with the door frame eventually being damaged.
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10 April 2017 | 24 replies
Toro - 1) It will be in your best interest to stop all communication with the mother and have only written communication(certified mail w/ return receipt) delivered to the daughter. 2) I would highly recommend that you do a thorough inspection of the inside of the home to ascertain if anyone else is living there or any damage has occurred.