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9 March 2020 | 4 replies
On the Seller's Disclosure Notice, the seller marked:YES for present flood insurance coverage (handwritten note: but property is not in a flood zone)YES for located wholly/partly in a 100-year floodplain (handwritten note: (1) have paid insurance for (10) years for 100 year flood plain. (2) Just recently found out property is not in the 100 year flood plain.)Under the Notes section on the Survey:According to F.E.M.A.
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17 March 2020 | 132 replies
This sucks for everybody, and probably going to get a lot worse once people we know and love start to get sick.
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11 March 2020 | 1 reply
I'm sick of the board, neighbors, location, etc etc and ready for a single family home in a more quiet place.
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12 March 2020 | 2 replies
I had a tenant who had to move suddenly as her mom got sick.
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17 March 2020 | 13 replies
We are nor panicking instead trying to think though some scenarios and communicate/plan on paper . 1.Ownership:1.Create a “Medial Power of Attorney” to take over decision control if any/all owners get sick 2.Communicate ownership delegation with property manager2.Property Manager/Other Employees:1.Communicate CDC requirements 2.Outline and agree upon rent collection work process if city were to shut down 3.Outline and communicate a call tree identifying repair personnel 3.Safety:1.For employees: Release funds to buy protective gear while working within premise 2.For tenants: Communicate 2 times a week with CDC requirement as COVID19 is a REPDI development 3.For Owner: Identify all elderly tenants and communicate with them to call CDC if they would show any sign4.For Owner: Identify companies who does preventive medical grade clearing if any cases to be identified within premise. 4.Insurance :1.Confirm with current insurance to avoid and potential liability from owner to tenant negligence perspective 5.Operations:1.Review plan for marketing to get tenants if people were to leave during outbreak 2.Review plan for eviction during shutdown (if any) 3.Review cash position: 10 months cash supply covering 10 month of debt payment .
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14 March 2020 | 7 replies
But for those owners that are "off hands" and just enjoy the passive income, these calls and texts are just plain annoying.
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13 March 2020 | 3 replies
The only people that should be out are sick people trying to get treatment.
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29 March 2020 | 15 replies
He isn’t sick he has a brand new Mercedes and drinks beer all weekend with his buddies.
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30 November 2020 | 435 replies
That's great and all until they get sick and they overwhelm your hospitals and medical system.
19 March 2020 | 3 replies
Life changes, as well as your needs - you have a child or another child, someone gets sick, markets compress, etc.