All Forum Posts by: Chad Quick

Quote from @Bud Gaffney:

Love this question. Most people would say "No don't do anything". I think KARMA is real, and you having a big heart, will always come back in unexpected, beautiful ways. I would ABSOLUTELY do something nice for your tenant(s) in this case. Keep being KIND :)

I was one of those people that said I would not reimburse the tenant. That doesn’t mean I would not get them a bench cooker of some sorts but I was just answering the question. I think most would do this but reimbursing rent money was the original question. That is a no for me 

Quote from @Drew Sygit:

@Michael Riba we've done MANY temp insurance placements and never had a problem with a tenant staying without paying and needing to be evicted.

They all want to move back to their original homes!

Now, in our experience 100% of these leases extend. The insurance companies ALWAYS & DELIBERATELY underestimate the length of stay. 

It's never been an issue because the insurance company pays and they pay 20%+ premiums over standard LTR rents for a given area.

awesome info 

Sounds like a good question for attorney because I would think you are entering into a deal with the insurance company, not the potential tenant. I would prefer it that way for sure. 

I would not. 

Hey guys, think I will go to the BPCON this year. Any east coast folks going? Im a newb at this stuff and would love to meet as many  people in my area as I can. Im in South Carolina.

Quote from @Jacob D Adamczak:

@Chad Quick Welcome! There are a few good meetups in the Charleston area, the first Thursday of every month is the REI central meetup from 6-8 at Palmetto Brewery. I can also give you info of the agent I use, he's investor focused and can help with on and off market deals. Let me know if I can help!

 I would greatly appreciate that contact and thanks for info on meet 

Hello everyone, been reading some wonderful information here and love the podcast team as well. I own a rental in Colorado but my parents have always rented it so I would still call myself a beginner, especially in the property management side. lol

Looking to purchase some homes around Charleston and Summerville and always looking for a good deal to go bigger and get into multi-family units as well. Hoping to add something to the portfolio every year, manage them myself and always looking to network and partner on a bigger deal if it arises.

Keep up the great conversations and thank you. Maybe I can contribute in the future but for now its best for me to read and ask questions.