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1 October 2024 | 9 replies
However (I'm an insurance agent not an attorney) the legal wrangling of the PM not taking a necessary action could set up a situation where the insurance carrier pays then subrogates back against the PM company for their inaction so the property manager should also have appropriate general liability coverage for their business.This next part can change by state and insurance carrier...Being named as lienholder or mortgagee can set up the lender being involved on the payout of any damages - say there is a fire the checks cut for damage could name the insured and lender so both parties have to agree how those funds will be used.Some carriers have a rule that if the loss amount is under a certain dollar amount the check is only cut in the owners name / if the loss exceeds a threshold (say $25k) the check is cut in both the owner and mortgagee names.Being named as loss payee is literally that - the check is cut in your name or both the insured and your name.
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30 September 2024 | 47 replies
Learning by doing and teaching is my philosophy, and unfortunately, this system did not facilitate that process.I truly wanted this endeavor to succeed and even expressed my gratitude by sending Fire Station shirts to the Flip System crew.
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30 September 2024 | 8 replies
Quote from @Karl Kauper: TransUnion Smart Move.If you are running background checks, you might as well fire that PM and find a new one.
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2 October 2024 | 17 replies
One that involved firing their entire field operations team, which I thought was key to their success.
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28 September 2024 | 2 replies
Hi everyone,I started a new construction project in Cape Coral nearly 3 years ago and after very little progress and a few escalations, I've fired the builder.
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30 September 2024 | 12 replies
And in all cases this for us is a combination of our amazinb cleaners and handymen.We have found most guests are pretty understanding, and if it's something that impacts their stay we will give them a gift card for breakfast or dinner with an amount that reflects the amount of the inconvienience.True emergencies are fire, flood, or blood.Hope that helps!
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3 October 2024 | 23 replies
Then the buyer wired their earnest money to the fake title company, and the money disappeared along with the scammer, and the whole deal blew up and turned into a circular firing squad.
28 September 2024 | 19 replies
It was previously believed that the use of an IDGT not only removed the trust assets from the decedent’s estate for estate tax purposes but also resulted in a basis adjustment to the fair market value of the trust assets on the decedent’s date of death.
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26 September 2024 | 5 replies
And any new builds are pricey, competitive, and or teardowns at this point. 30-45min from downtown it gets affordable and there are a lot of new builds like Wendell, Wake Forest, Youngsville, Fuquay Varina, those kind of suburbs.
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28 September 2024 | 1 reply
About half of them because of heat, storms, fires and fresh water concerns.