January 1, 2003
Believe it or not, as a real estate investor, litigation lurks just around the corner.
Imagine that your tenants stole your light bulbs from the carports then used them for their lighting needs. Now mother in law comes to visit, she trips and falls on the front step, and low and behold she sues you for the broken back, pain and suffering and lack of consortium. You of course carry insurance, but bear in mind that you can't have this happen all too often, otherwise the insurance[...]