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Cleveland Landlords: Are you compliant?

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Did you know that some of that boilerplate language in your lease might cost you thousands of dollars in a lawsuit brought by your tenant? It can happen to you if you are a landlord in the City of Cleveland. The little known Chapter 375 of the Codified Ordinances of Cleveland, Ohio, titled “Landlords and […]

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Don’t Be Deceptive – Avoid Using These Scammy Mailers

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Over the few years I’ve been active on the website BiggerPockets, I’ve seen a few commercial printers pushing their top-of-the-line products for direct mail — official-looking envelopes that look like they’re being sent from the government. Here’s one example, from the “Department of Rate Notification Services,” in an official looking “zip envelope.” Here’s another example, […]

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Keep it legal, wholesalers: Deceptive Practices & Ohio Law

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The debate about the legality of wholesaling burns brightly on BiggerPockets and the rest of the Internet. I’ve said my peace on the matter before, so today I want to talk about something different: deceptive practices.¬†Wholesalers often find themselves¬†stretching the truth to close the deal, whether it’s misrepresenting that you’re the end buyer, or even […]

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Deadlock Provisions in Buy-Sell Agreements

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A standard Buy-Sell Agreement might provide for an appraisal prior to a buyout. These agreements don’t anticipate there being a conflict after the appraisal — what happens if the appraisal comes in lower than the departing member expects, or higher than the remaining member expects? What about situations where appraisal of the company’s value is […]

Real estate

Housing Discrimination: The story of Mrs. Grybosky

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Discrimination is a bad, bad thing — especially in housing. But what if I told you there was a quasi-police force out there who pays shills and plants to apply for your rental apartment, record your every word, and hunt for signs of housing discrimination? What’s worse, when they find something, they sue you, recover […]