All Forum Posts by: Margaret Dreesen

Thanks to all of you for your guidance.  My contract now includes rental insurance and I realize that next contract period I will need to raise the tent a little to better cover expenses of the condo--lesson learned there.  The tenant and I worked out a resolution.  This turned out now to be a win-win as my unit is getting a new state of the art fire door.  Thank you again as I am learning much from the Bigger Pockets community!

TY and no the condo association by laws make the fire door and upkeep the owner's responsibility.  At the guidance of the comments here, I have talked with the Condo Manager and Tenant.  I have gone ahead and filled with my own insurance company.  I have asked the tenant to contact his renter's insurance company.  This is a learning experience for me in my landlord adventure.  I am hoping my insurance will pay the highest percentage and the tenant and I could split the rest.  I need to get the door fixed now to keep my tenant and the rest of the building safe.  I appreciate everone's input.

I am a newbie at being a landlord.  My late husband and I had a small studio on the Chicago Gold Coast.  My tenant fell over his own cane and then called 911 in the middle of the night.  The fire dept used crowbars to break into the condo to take the tenant to the hospital.   They deemed it a life threatening situation. My tenant has been living in the condo for over a year and is out of the hospital and back at the condo.

The new outside fire door costs over 3000 USD.  Can I use some of the tenant's damage deposit to pay what my insurance does not pay? 

Any suggestions from you experts out there?