i had 2 tenant (house mates) call me early morning one day complaining why i hadn't fixed the leak in the kitchen yet. this caught me by surprise as i did not know about it.
after a few minutes of the conversation,...
I have a tenant who is suing myself and my property manager for claims of negligence and inhabitability. She has played a clever game of never asking us directly for repairs, bringing in code enforcement to cite me an...
I am often asked this question: "What is my biggest financial risk in buying/owning a short-term rental property?"
Lots of things come immediately to mind: Septic problems, a new roof, HVAC failure, lower-than-proj...
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/...
So here's my very first horror story of landlording if you'd like to call it that.
Tenant says she never goes into the basement because she doesn't have anything down there and thus has no reason to go. Two w...
Hi all:
I've got two rental properties that I'm about to put into LLCs via Land Trusts. I'm pretty confident this will take care of my concerns about homeowner liability and the "due on sale" clause.
My remaining c...
I have a tenant contact me for a negligent property manager we hired. She showed the records of her contacting the PM for repairs with no or delayed responses. Some were pretty bad like AC/heating or major appliances ...
We hired a contractor to decommission the septic system and tie into the town sewer in order to sell our house. The contractor tied ONE line into the sewer and dug a hole into the septic tank. The inspector came and s...
I'm just in the process of securing insurance to the inside of this condo, when of course the HOA calls me with an "emergency": the tenant somehow managed to get the drainage hose out of it's socket on the wall and di...
Hi All,I purchased a house in Atlanta back in early 2021 and I took on the current tenant who was with the section 8 program. One of the reasons I kept the tenant was because the seller advertised she was paying $1,55...