Jason Li
Tenants ask for compensation for water damage
Hey BP community, one of my rentals in Atlanta recently had a broken pipe caused water damage, it has been fixed. The inspection and fix took a few weeks. The tenants are asking for compensation because they couldn't ...
Kish D.
Buying a property with potential water damage
Would you buy a HUD home that is well under market value and is listed as being in good condition by the bank but it appears there could be some water damage (looking at pictures)? I am planning to do some more due di...
Sonam Nathani
Tenancy Related Question - Water Damage - British Columbia
Hello,I had a water leak in my rental apartment last weekend. Do not have tenant's insurance. And my landlord is threatening me to pay for the repairs of the downstairs apartment.Story: Was running the portable dishwa...
Jon A.
Water Damage - Is this considered tenant responsibility?
Hello everyone, I'm looking to get some advice on this situation with a tenant in my property.
I own a condo unit and this tenant has been living there for a few months now. Soon after they moved in, they asked me i...
Jun Hyuk Baek
Water heater leakage damaged next door property.
Hello,A water heater leakage went unnoticed for a few days and caused partial flooding in my rental unit and the neighbor's unit. Based on the neighbor, he had to pry up his carpet and had damage to the underlayer and...
Katie Church
Would you buy a water damaged Church?
So, I have this church that’s about 100 years old, in a small town in Iowa, and needs extensive work because of a leaking roof. More on that later.
This is a 3 bedroom 1 bath church with a live in personage. The roo...
Austin Jones
Who Pays for Water Damage in Rental?
Hi Fellow Investors! I have a rental property (condo) and the tenant is the absolute best. She recently told me that the one kitchen cabinet was "wet", so I had a plumber go out to fix the problem. Come to find out th...
Leo Arta
Inspection found previous water damage - now what ?
Hi everyone,I am in the process of closing on a property from a reputable turnkey provider.Home inspection has identified standing water damage to hard wood floors (which were not replaced during renovation). The dama...
Amy Alexander
First Water Damage Claim - Loss of Rents
Hello everyone! I'm fairly new to multi-family and sadly, I'm experiencing my first water damage insurance claim. I'm working on the loss of rents portion of my claim, and the insurance company is asking for a huge ...
Hae-Yuan Chang
Homeowner's insurance has limited water damage coverage?
Hello! I live in Florida. I was told that older homes usually have limited (10k) water coverage. The house I am purchasing is 1956. Was given a quote from Security First for $958 and was told that it would be the best...