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All Forum Posts by: Niranjan Kumar Goli

Niranjan Kumar Goli has started 2 posts and replied 7 times.

Originally posted by @Lynnette E.:

Do NOT, do NOT, NEVER let tenants repair it on their own.  You can tell them what contractors, floor specialists you approve and let them choose from your list.  Or you can tell them you need to approve who they use BEFORE they do anything.  But you need to choose/approve the person/company doing the work.  

Personally I would get it fixed and give them the bill.  And I would tell them that the repair bill is paid BEFORE the rent.  And NO it does not come out of the deposit.

Letting a tenant hire someone is not ever a good idea.  They will go cheap, not someone who can do the repair who is able to match the wood, satin, etc. and who is licensed, bonded, insured, etc.  They may fix your hardwood floors with glue on wood stamped linoleum stickies.

Thanks Lynnette for the feedback. I will fix the problem and send them the bill. Appreciate your feedback.

I have people come look at it and clearly there is a water damage. I went ahead a got couple of quotes for the repair. Should I give my tenants a repair deadline? I'm planning to send them email with quotes and approximate cost of repair. I'm debating if I should set a deadline for the repair. 

Thanks Kim. We do have the photo evidence. The tenants have been living in the home for 3 years.


Originally posted by @Kim Meredith Hampton:

@Niranjan Kumar Goli Have a flooring specialist look at it, then you will evidence one way or another. If it is from moisture and its no where else except where they have the portable AC, then it is their responsibility. Do you also have photos before they took occupancy to show there was no damage in that area?

Hi, our tenants informed us that wood floor has buckled and ballooned in the middle of the bed room. Which looks like a water damage. They have portable A/C there. They are also softly claiming they haven’t done anything wrong and May be it’s a different issue. Who should pay for fixing this? And how should I inform the tenants that they are responsible for the fix with out being too rude. Since they claiming it’s not a water damage and some kind of floor issue. What are my options? I’m planning to get an estimate and send it to the tenants to fix this. Or should I claim the insurance and fix it myself. Our rental contract indicates that tenants have to fix the issues in the house.


Appreciate any pointers and help. 

Originally posted by @Ali Boone:

More hands-off than Roofstock? In what ways is Roofstock not hands-off as compared to normal turnkey providers?

Not all roofstock properties are renovated and also I feel that there is a lot of competition for the properties. I'm currently under contract for one property on roofstock. The realtors there are hit and miss. Some are good but for most of them don't even respond.

Thanks @Joseph Schweizer for the pointer. I will go though the threads, appreciate your help

New member here! I'm looking into invest in out of state rental properties. I live in a HCOL area and my day job doesn't allow to invest time in BRRR. I'm Currently putting offers on Roofstock.com but looking much more hand off approach such as turnkey properties. I only know doorvest.com and memphiscashflow.com. Are there any other reputable options that I should be looking into.