Protect Your Liability: The Pit Bull Story

11/07/19 • 11 min

Liability comes with owning rental property whether you want to admit it or not. In this episode I share a story about how not properly addressing a liable situation that could have cost me financially and professionally. When there is a potential issue that poses a lot of risk and liability, move quickly to correct it, and create a paper trail to show your due diligence.

Previous Episode

From 60k to 240k in 8 Years: Patience Baby!

By now you know my stance on real estate: HOLD IT! In this episode I give 2 great examples of how one investor deployed patience and won, and how another did not and cost themselves over 150k in a 3 year span. Everyone who buys rental property has a purpose, but can many times get knocked off their path. I talk about creating a firm plan and visualizing what the end game looks like. Don't get seduced by the quick cash, play the game and win in the end!

Next Episode

Problem Tenants And What To Do With Them

If you own or will own rental property, you will come across that problem tenant. So what is a landlord to do? You don't want to promote a vacancy, but don't want to continue to deal with a problem situation. In this episode I share a recent story and give you my 2 cents on how to handle tenant situations that are not ideal.