brand newbie

[Paul W. Abernathy]

Originally Posted by Bill@MyMagicCity.net

I am also 2 months new to HI. Been tring to find any info on chapter meeting in my area. The forum for chaters is restricted to me. I am a NACHI memeber but still cannot gain access to post.
Any help would be great. The name or contact for the AL. chapter Pres. even better.

Thanks in advance. BC.

Bill,

If you are a NACHI member and have paid the FEE to be one....I would jump on someone for NOT changing your access from new user to Member otherwise you are not getting all that you paid for.

[John Bowman]

Originally Posted by pabernathy

Bill,

If you are a NACHI member and have paid the FEE to be one....I would jump on someone for NOT changing your access from new user to Member otherwise you are not getting all that you paid for.

Paul,

All he has to do is log in with his NACHI name and password. He'll have access.

[Bill@MyMagicCity.net]

Paul, I've emailed fastreply@Nachi and asked about why my user name is my email and why I am not being shown as a Nachi member. No real answers from there. Any other leads that you would suggest?

[Bill@MyMagicCity.net]

My login for nachi and my login for the mb are not the same. The message board will not let me log in under my nachi user name.

[William M. Corbett]

O.K. figured it out. I changed my nachi password some time ago and that was the password it was looking for. Had to check some old emails to find it. Thanks guys.
Bill Corbett.

[ldapkus]

Bill,
Did you get my e-mail?

[wforsyth]

Wow...it's like watching a rebirth...


sheesh.

I gotta get out of here. Teched in the head today. *sigh*

[Paul W. Abernathy]

Bill@MyMagicCity.net vbmenu_register("postmenu_76189", true);
New User
Location: Pinson, AL.
Posts: 15

Re: brand newbie

[William M. Corbett]

Yes Linus, I got it. Thank you for the help, it's appreciated more than you know! BC

[ldapkus]

You're welcome, that's what we're all about, sharing info and helping each other progress in this industry.

[jrivera]

Welcome and Good Luck boys !!!!!!

Mic

[InspectorRiggs]

Why even carry E&O insurance unless it is required by your state? If you are operating your inspection business as an LLC, your personal assets are protected from being attached as a result of a law suit. So if anyone is ever tempted to sue your business, there are no "deep pockets" promising a payoff to the plaintiff so why would they bother?

[Michael Larson]

Originally Posted by InspectorRiggs

Why even carry E&O insurance unless it is required by your state? If you are operating your inspection business as an LLC, your personal assets are protected from being attached as a result of a law suit. So if anyone is ever tempted to sue your business, there are no "deep pockets" promising a payoff to the plaintiff so why would they bother?

Well not really. I would check with your attorney for legal advice but Mr.Joe Ferry has commented on this issue many times. I used to labor under that opinion as well. Look for post by jferry and also do a web search on the topic.
Good Luck!

[Erby Crofutt]

"Suits" - I saw an ad on TV today for 2 "suits", 2 shirts & 2 ties all for only $250.00.

"Suites" - Nickname for a Mail Boxes, etc, type of address. Generally about the same cost as a Post Office Box, ($70.00 or so around here) but they also have the capacity to accept shipments that require a physical address for delivery.

"Suites" - Nickname for Physical Space - vedddy expensive, but may be necessary for those multi-inspector firms.

LLC's:
As I (a non-lawyer type {editorial comment about lawyers left out}) understand it.

1.
You are Home Inspections, LLC
You do the inspection.

I can sue Home Inspections, LLC as the corporation(and go after corporate assets).
I can sue YOU personally as the person who did the inspection and go after your personal assets.

2.
You are Home Inspections, LLC (a multi-inspector firm)
One of the employed or sub contracted inspectors do the inspection.

I can sue Home Inspections, LLC as the corporation (and go after corporate assets).
I can sue the individual inspector who did the inspection and go after his personal assets.
I CANNOT sue the owner of Home Inspections, LLC personally or go after the owners personal assets.

May be valid for my area, but you REALLY should pay for a consultation with a professional (lawyer) who can advise you on your area.

Remember how we always tell home buyers to get a professional opinion from a professional.

Perhaps more of us should follow that advice when it comes to our legal needs and consult a qualified lawyer IN OUR AREA!

Of course none of that addresses the tax issues between Sole Proprietor, LLC, S-Corp, etc. That part is best left to the advice of a qualified accountant who is familiar with the rules in YOUR area.

Spend the money. It'll save you grief and money down the line. Kinda what we tell our clients.

Better to be detailed and thorough and quit worrying about lawsuits than to be a minimalist inspector constantly paying for mistakes and overlooked items.

Course some inspectors look at it differently.
Do lots of cheap inspections and make enough money to deal with a set percentage of lawsuits hoping that the big one doesn't come along. They see it as a cost of doing business kinda like retails stores see a certain percentage of shoplifting and employee theft as a cost of doing business.

Your Life, Your Business, Your Choice!

[Joe Funderburk, CMI]

Originally Posted by mlarson

Well not really. I would check with your attorney for legal advice but Mr.Joe Ferry has commented on this issue many times. I used to labor under that opinion as well. Look for post by jferry and also do a web search on the topic

Joe Ferry sells insurance! Don't you think he makes a commission? I'm not saying his advice is wrong. But I don't consider Mr. Ferry to be objective. Best to bounce the issue off an attorney who has no financial incentive to sell you a policy. It's like asking a barber if you need a haircut.