Hi BP.Tomorrow I was supposed to close on a property, which we are now not going to. During the title search, we discovered a sizable second lien that they didn't disclose. When we mentioned the fact, they acted surpr...
I have read and attempted to search the areas given to the last person who asked this question. I am asking for a different reason. The manager at this apartment complex is negligent. They refuse to fix severe maintai...
Did you set up an LLC to act as property manager? Does it shield you from liability? I've read a lot on NOLO that, in my state (Georgia), I am personally liable for all negligent acts I perform regardless of how my LL...
I am fairly new to land-lording and this is the first time this issue has come up. In June I had two rental properties that had water leaks causing a high bill at one property ($217.00) and an extremely high bill (ove...
Hey BP. I'm wondering if you guys can give me some legal advice. I just purchased a house a month ago, and after moving in, I noticed that the toilet in the second floor bathroom is not level. There is a cabinet in th...
I have a few doors in small multifamily properties and am looking to hire a property management (PM) company. Most PMs I have contacted have an indemnification clause in their contract, which says the Owner (me) woul...
I am an out of state investor, so I relied on my ex-property manager to do their job, however they were gross negligent. I was left with an excessive water bill ($10k) at my 4-unit property as they failed to fix a wat...
Last night one of our tenants (we live on site of our 4 unit building) cracked their toilet tank. They had the tank cover off and another item was knocked off their vanity and landed on the toilet. We were able to se...
Hi all,I'm preparing to file Articles of Incorporation for an
LLC in GA for my rental properties. I plan on putting the properties
under the LLC via quit claim (I've talked to my lenders, who have OKed this).
I ...
I'm going to give a tenant a 30+ day notice to vacate by September 30. Last night, they had a kitchen fire, causing minor damages. I'm wondering if I should have them file an insurance claim, or just keep their depo...