The Mobile Home Park Lawyer Podcast
Business:Investing
In this episode, Ferd talks about the differences between hiring a Pro versus a Schmo contractor. He also explains why pros are expensive compared to Schmos. Ferd also discusses why there is a need to have general liability insurance for workers or contractors.
Listen to the episode as we learn more about the best practices for hiring pros versus schmo contractors and identify how and when to hire one or the other.
Highlights of the episode:
00:00:32 Pros vs Schmos Contractor
00:04:37 General Liability Insurance
00:06:29 Why you should never hire a schmo
00:07:26 Pro is expensive while the waiver is risky
00:10:07 COI certificate insurance
00:15:08 When do you need to hire a pro or a schmo
00:19:42 Best practices for hiring pros vs schmos
Connecting with MHP Law:
Website: https://themobilehomelawyer.com/
Facebook: https://www.facebook.com/The-Mobile-Home-Park-Lawyer-103814958118069
LinkedIn: https://www.linkedin.com/in/themhplawyer-ferdniemann6923147/
Instagram: https://www.instagram.com/themhplawyer
#Schmos
#GeneralLiabilityInsurance
#Hiringcontractors
Ep. 167 | Interview With Franco Perez on Helping Residents Upgrade Their Homes
Ep. 166 | Interview With Scott Macneil on Financing Mobile Home Sales With Pep
Ep. 165 | Ferd Niemann on How To Make More With Less. Bigger Splits For the GP Beats More Pads!
Ep. 164 | Interview with Vincent Tao and Elizabeth Woods on Quitting Your Job and Becoming RE Investors
Ep. 163 | Interview With MHP Owner and Operator Yoel Kelman on How to Grow an MHP Company
Ep.162 | Interview With MHP Owner and Broker Enon Winkler on How To Navigate A Challenging Capital Market
Ep. 161 | Interview With Bryce McMurry on Growing A Portfolio With A Contractor Mindset
Ep. 160 | Interview with Jonathan Gilmore on the Dutiful Execution of TIC Drop and Swap 1031 Transactions
Ep. 159 | Ferd Niemann on the Legal Risks For the Unweary, Navigating the Acquisition
Ep. 158 | Interview With Ryan White on Navigating the Evictions Process
Ep. 157 | Interview with Mitchel Armstrong on How To Hustle, Network, and Persevere Into MHP Success
Ep. 156 | Ferd Niemann on How To Write A Cover Letter to LP or Passive Investors
Ep. 155 | Ferd Niemann on How and When to Use a Master Lease with Option to Purchase
Ep. 154 | Ferd Niemann on Why and When Do I Need A PPM Over a Joint Venture
Ep. 153 | Ferd Niemann on the 10 Steps to Getting Your Loan Approved
Ep. 152 | Ferd Niemann on Being Obstinate and How It Can Save the Day
Ep. 151 | Ferd Niemann on the Factors to Consider when Selecting a Title Company
Ep. 150 | Interview With Jonathan Gilmore: Escrow Holdback Agreement
Ep. 149 | Interview with Paul Bradley: How to Sell Your Mobile Home Parks to Your Residents
Ep. 148 | How to Break Into Mobile Home Parks
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