All Forum Posts by: Mike H.

I am seeking for insurance companies for rental properties; do you have any recommendations? 

@Beth L.

 Yes, after a more research and spoken to other LLs I have learn the same thing.  Guess things don't built the way they were back then.  Thanks for your input!

learning something new everyday!

via inspections

I know I have not seen everything and heard all excuses; what are your thoughts on this?

@Marc Inderhees 

Thanks!

Few of you may saw my previous  post regards the bumps I have recently encountered in my early RE career.  I am planning to speak to an attorny to tighten few loose end on the contract and is looking for your help and recommendation for a RE attorny in the Dallas / North Dallas area.

your recommendations are greatly appreciated. 

Thanks in advance

@Wayne Brooks 

the leak occurs at 40yr old overflow and tub drain.  I have obtained 2F owner info so for each leak occurrence I would get photos from Tenant and forward on to 2F owner w/ follow up calls.  He is very unresponsive and hence took a long long time to get things settled.  I am the middle person between 2F owner whose unit leaks and my tenants who suffers those incidents. 

@Sam Leon Yes, you do have a good insight.  I do agree w/ the hotel example, and I treat my tenants the way I wanted to be treated as well, hence things are repaired or responded within 6hrs from notification.  nothing hinders over 24hrs.  I've pretty much flipped the entire condo w/ moisture and mold resistance boards to prevent this type of issue.  We had company came and check, no signs of mold. :)

@Marcia Maynard  

I am totally agree with your feed back and experience sharing.  I knew they had kennels but I just never thought of asking them to use it.  All services were pre-scheduled with their approval obtained, so asking tenants to place pets in kennels just never came in mind. I will put that in writing for future schedule requests just for protection. 

I actually only own the 1st floor unit, 2nd floor is owned by another LL.  Based on my search on local regulation, I am not legally bond to their claim except the utility bill + maybe 12 days of my estimate listed above.  of course, all these came afterwards and made me realized how foolish I was.  

I hope other BP newbies will learn from my experience, and I am very glad to hear all the valuable advises from experienced LL, including a podcast guest!! (awesome!!)

@Jerry W. Thanks for the advise; I like to play fair and will try to do so.  Thanks for your valuable time and advise.  Have a great Thanksgiving

and I am not sure if this will be a big factor; based on their initial description of 20 days affected time.  I did verbally told them that I would give them 1 month rent of compensation, until when I review their submitted information, I do not see myself responsible for the items they have claimed except some inconvenience time as described in previous post.

I have to admit this was a stupid hot-headed talk, not sure if there is a way to get myself out of this hole.