Pranav Parikh
Insurance coverage in disaster zone - asheville/swannanoa/black mountain
8 October 2024 | 6 replies
Reposting from one of our FB forums:Homeowners who need to file insurance claims - read on.
Sally Alcala
Breaking Up with Property Manager Frustrations
11 October 2024 | 7 replies
Again, this doesn’t make sense because my new manager has already said they want me to hold onto the deposits.On top of that, they’re now claiming that I legally need to open a separate account to hold the deposits.
Bo Ding
combining CFP with HO4 to qualify my umbrella?
9 October 2024 | 1 reply
I got un-renewed by my old ins and rejected by almost all ins companies (except for some crazy ones quoting me 10k/year) on my primary house, which is far from any fire zone but I had 2 claims on my 2 rentals (I am a small player so under my name not LLC) in the past 3 years so I got fked.
Account Closed
Difficult tenant move out- recommendations?
8 October 2024 | 8 replies
Do I stand a chance in small claims to file for one day they refused to pay, legal charges and my wages lost from work because tenants unitarily extended their contract by one day without asking.
Melanie Baldridge
If you want to be a real estate pro, you need to understand the TERMS:
9 October 2024 | 1 reply
But knowing its value is key for taxes.IMPROVEMENT VALUE:This is the value of all the upgrades you make to your property – like a new roof or an updated kitchen.These improvements can be depreciated, which means tax savings for you.3115:Filing this form can allow you to claim missed depreciation from past years.Basically you are letting the IRS know that you are moving from the standard deduction to an accelerated deduction.RECAPTURE:It's payback time!
Matt Durik
What do you do after giving tenant notice to move and they don't mmove
11 October 2024 | 21 replies
Also, if you accepted full October rent, its unlikely you can claim they need to leave before the end of the month.
Marc Shin
Homeowners insurance for an STR
8 October 2024 | 8 replies
(Trying to skimp on coverage by not telling them you're Airbnb-ing the place will defeat the purpose of insurance if they deny a claim because you weren't truthful.)There are specific STR insurance carriers like Proper Insurance, but most major carriers offer a rider for vacation rental or short-term rental insurance as well.
Chris Seveney
Spotting an investment that will not end well
11 October 2024 | 7 replies
I have someone trying to gaslight me on facebook now because they are claiming they can offer investors 30% cash on cash return for notes - which they just joined the note group.
Nathan Fisher
Cleveland Rental Registrations - A Guide to the Nightmare
13 October 2024 | 22 replies
The City can always liquidate its claims by liening the property.
Grant Tallmadge
Property Manager in Denver
8 October 2024 | 17 replies
Any small damages by the tenant he will make the owner pay for it and claim it’s normal wear and tear when it’s clearly the tenants fault.