27 December 2024 | 3 replies
I would at least recommend you have them shop a policy for you.One thing we did note is that with hail damage to roofs, they seem to be decreasing coverage/increasing deductibles on that if ever needed.
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27 December 2024 | 2 replies
They focus on safety issues, such as wood rot, water damage, and structural integrity of balconies and decks.
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26 December 2024 | 9 replies
However, I definitely recommend pictures any time a guest left damage or extra cleaning that will result in additional charges.
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4 January 2025 | 20 replies
I'm not sure why this caused such a reaction, but I can say the language above is completely unnecessary and out of order on this forum.
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21 December 2024 | 6 replies
Please note that softer woods cause more creosote to build up in the chimney.
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2 January 2025 | 11 replies
That led to uncovering significant water damage throughout the first-floor unit's bathroom, forcing an immediate renovation.
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1 January 2025 | 32 replies
Once I gave them the online option, however, and the bank didn't deliver one tenant's check causing a late fee, they've all used the online option.
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1 January 2025 | 14 replies
@Jeff SkinnerRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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18 December 2024 | 5 replies
. --- We haven't seen a S8 inspection report in over a decade that required a tenant to fix damages they obviously caused.
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31 December 2024 | 3 replies
This also allows for property owners to more easily write-off assets that get damaged/destroyed as the value of these assets is determined as part of the study.