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Results (834)
Jeff Fairchild Protecting ourselves from recourse
3 February 2009 | 16 replies

I just read this article
http://fieldguide.reitactics.com/articles/if-you-wholesale-protect-yourself
and it talks about how if the investor that we assign the contract to screws up/goes bankrupt then we can be sued by...

Jeremy Bourgeois Risks of Wholesaling Sub-to Deals
28 July 2024 | 9 replies

I have a pretty solid sub-to deal that I can put under contract, but I'd prefer to assign it rather than take it down myself. I'm hesitant because I don't want to be on the hook if in the future something goes wrong l...

Alex A. Additional Insured - Add landlord name or PMC?
3 July 2024 | 2 replies

Straight forward question - when asking tenant/vendor to add to "additionally insured" do we advise them to put the PMC info or Landlord info? TIA.

Roy Mitle HOA litigation and financing issues
24 June 2015 | 1 reply

Looking to buy an investment town house. The HOA is under litigation. I heard that can cause financing problems.In digging further the litigation is from a single person complaining about not being treated well by HOA...

Steve Boianelli Partner bought a house cash with a bad title
22 October 2017 | 16 replies

A partner that I worked with in the past purchased a house with cash. Now he shared with me that the title isn't clean. Is this typical? Would it be wise to do a title search before paying cash for a property? If you ...

Dakota Harmon Are there specific clauses in a property management agreement to be mindful of?
29 March 2023 | 13 replies

Here are some topics in an agreement that have my concern:
- Waive the requirement for approval from owner for any repairs or maintenance of any one item under a specified amount (one company is asking for $600…). Th...

Joshua Zapin Property Management Indemnification Standards
30 November 2017 | 3 replies

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/...

James G. If tenant tries to sue, is he/she suing you (landlord) or the PM?
28 December 2020 | 2 replies

Question is in the title. Does the tenant get to decide? Is the suit by default on the landlord? Does it depend?

Benjamin Aaker Should I Pay My Property Manager's Legal Fees?
19 April 2021 | 0 replies

I'm working on getting a new property manager. In the management agreement, they have a clause that seems to indemnify them from liability. Here's the line:
"Owner agrees to hold Agent harmless from any claims, charg...

Heather Walker Auction.com Cancellation due to inability to read the water meter
13 July 2017 | 2 replies

We went into contract on an auction.com home 7 weeks ago. Tonight, they sent over a cancellation agreement due to "inability to read the water meter because it is inside the home and is occupied". We think this is a g...