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What have other land lords done when former tenant sues for mold?? Have a bad situation where former tenant unjustly is suing for mold. Insurance does not cover, nor does umbrella coverage. Insurance attorney recommen...
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I'm researching coverage and the last thing I need is someone getting an injury on an STR. So I want to be as bulletproof as possible.If you want to protect yourself in case a renter gets hurt on your property, is a b...
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What is the legality in Colorado Springs, CO of asking a tenant to purchase lawn care equipment (lawn mower, weed trimmer, rakes etc) to care for the owner's lawn? The lease agreement says: "Tenants are responsible fo...
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Hey everyone,
I’m currently managing a rental property, and my tenants have been there for a few months now. Looking back at my records, I realized I never received their proof of renters insurance, which was a requi...
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Anyone else applying for an SBA Economic Injury Disaster Loan? Based on what I've read in the Stimulus Bill we all might be eligible for a 10k grant advance.
"(e) Emergency grant
(1) In general: During the covered p...
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I have two goals for this post:Increase awareness of the issueFind ways to decrease the chances of this happeningNote: I'm not an attorney. Just an investor. Several weeks ago I read a post on FB about someone who got...
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Hello, BP! Over the past few months, many investors, bankers, and realtors have asked me about the process I underwent when a fire destroyed a duplex. Hopefully, this post will help you be less stressed and be able to...
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I am looking to purchase my first investment property SFH by using the BRRRR model. What is confusing to me is that most books advise on protecting your asset under an LLC. But then they say I will have a difficult ti...
Hey guys & gals, I'm going to invest in a 6-unit complex all cash. This is my first adventure into real estate rentals. My goal is to run it myself for a year, and cash out re-finance after I get a track record.
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