Mary Jay
Insurance question about loss
15 November 2024 | 7 replies
I fixed the roof myself out of my own pocket.I called the insurance broker and he straight asked me if there was a damage after the hurricaine, so I said a tree fell but I fixed it myself out of my own pocket.
Brittany P.
Reporting to Credit Bureaus
17 November 2024 | 2 replies
Also there are rules with past due notices etc. as well as it relates to this.If you were to damage someone's credit and then find out you were not compliant, you could open yourself to a lengthy and very costly legal battle.
Matt Huber
2021 RE Investments Underperforming... Should I sell?
24 November 2024 | 10 replies
This would mean your class of tenant causes more damage than expected, or hail destroys your roof *every 5 years* or something similar.
Jeremy VanDolder
House to keep student houses clean?
16 November 2024 | 2 replies
the kitchen,fridge and bathrooms are disgusting and it is damaging the properties.
Marc Chale
Tenant Ready to Settle Debt Following Eviction
16 November 2024 | 2 replies
Our counsel previously advised we are legally entitled to a greater amount including all lost rent until the home was re-signed, cost of lock-out, cost to clean up house, physical damage, ect.For context, this is a solid house in a decent neighborhood and we never had prior issues with the tenant.
Gary R Uren
Renters want to take in foster kids. Helllp
16 November 2024 | 17 replies
Most people taking in foster children are good, honest people that will take responsibility for any damage done.
Sean Anthony
Jeff Swiecicki / JBS Realty - Fraudulent Realtor and Property Manager
20 November 2024 | 28 replies
I do not have concrete proof that all 30 investors in the group were scammed, but the private group’s name is “JBS—BS” and the link was only sent to supposed victims of the situation which is why I believe it to be true.By my count, there are 19 people (including me) in the group who have been actively messaging about negligence, mishandling of funds, fraud, and residual damages they are experiencing from Jeff.
Carlos Ptriawan
Don't become passive investors
1 December 2024 | 91 replies
I have talked to OOS investors that lost big doing single family turnkey rentals in recent years because the "great tenant" that came with the house moved out mid lease and did $30k of damage on exit.What I believe you are really going after is: don't be dumb money.
Mike Sather
Is anyone using "Worry Free Waivers"
13 November 2024 | 5 replies
The waiver is only good for damages not lack of notice or not showing up.
Amby Bhagtani
Fire in the building
13 November 2024 | 4 replies
Here are some options:Demand Payment in Full for Damages: Ask your property manager to send a formal demand for the $5K in damages.