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Updated over 8 years ago on . Most recent reply

Manuel Savorelli's profile image
Manuel Savorelli's profile image
Manuel Savorelli
  • from South Jersey, NJ
  • Member since Oct 6, 2014
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Manuel Savorelli's profile image
Manuel Savorelli's profile image
Manuel Savorelli
  • from South Jersey, NJ
  • Member since Oct 6, 2014
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Manuel Savorelli
  • South Jersey, NJ
9
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104
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General Landlording & Rental Properties

Tenant occupied unit water damage...

Manuel Savorelli
  • South Jersey, NJ
Posted

I just found out that the unit above my rental had a flood couple of weeks back and now my unit is showing signs of potential leaks in ceiling and floor.  My deductible is 1k.  Do you think I should talk to owners of above unit for compensation and keep insurance companies out, similar to car accidents and insurance claims? Tks 

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Todd Plambeck's profile image
Todd Plambeck's profile image
Todd Plambeck
  • Agent/Investor
  • from Murphy, Texas
  • Member since Jul 1, 2013
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Todd Plambeck's profile image
Todd Plambeck
  • Agent/Investor
  • from Murphy, Texas
  • Member since Jul 1, 2013
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Todd Plambeck
  • Agent/Investor
  • Murphy, TX
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Todd Plambeck
  • Agent/Investor
  • Murphy, TX
Replied

No, you're not stuck with the $1000, the one that caused the damage is liable for all the damage.  Talk to the upstairs owner and document everything.

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