All Forum Posts by: Dan Marl

The house is only 3 years old..So it's not worth it for me lol

Hi Bill, you are right. I think at this point the roofing companies are just trying to add things up (dented garage, gutters, marks on the shingles / fence).  I'll wait until the adjuster from the insurance company comes out.  

Thank you so much Erica! This is new to me...

The roofer said even though there are only slight marks on the asphalt shingles, there might be damage underneath, which will cause leakage later. 

As for the house, only one room was damage with water and glasses. My insurance is with State Farm and the deductible is about 7K. My tenant didn't have rental insurance even though it's on the lease. I didn't enforce it - yikes.

I have never dealt with a home insurance claim, construction companies or a damaged house so this is new to me.  Though I have been a landlord for over 15 years, luck was on my side. 

Over the weekend, there was a hailstorm in North Dallas and my house was damaged. One window was smashed with water coming in one room. Damaged exhaust on the roof, dented gutters and garage door, and marks on the asphalt shingles. Marks on the wooden fence.

I have boarded the window and had a flood remediation come out (cut out carpets, removed broken glass and baseboard, put in a fan and dehumidifier). So far, I have a claim number with the insurance company, but the handler hasn't called yet.

What are my next steps or tips for:

1. Dealing with a tenant with kids. Only the office was affected. He stated that his office equipment is damaged. 

2. Dealing with the insurance company. So far, I have a claim number. 

3. Dealing with roofers/contractors. They are swarming the area like crazy. One wanted me to give him the insurance claim number so he could deal with the insurance company directly. 

I live out of state but I have seen damage of the house.  

This is what you can do.  In your Ring account, release the camera/lights etc so the tenants can add the devices into their account.  If you do this, you will not have access to the cameras anymore.  Tenants for LTR don't want to be spied on as that's their rights.  Have a lease amendment that when they end the lease and move out, in their Ring account, they have to release the devices so they next tenants/you can add those devices into your Ring account. If they don't release the devices, you won't be able to use it.  If they don't release, then take it out of their deposit as you have to buy new ones.  

All good valid points.  So next time, just tell them I am a property manager, not an owner.  What are the pros of doing this? 

 My rent is not the highest or the lowest - about in the middle.  When they ask for a discount, they just say "can you lower the rent" or the other places is this much, why isn't yours" etc.  I tell them because mine is a newer home which is why it is $50 more.  

Great advice Kerlous.  Thank you

Hi Wesley, thank you for your thorough explanations.   I am having trouble finding qualified tenants and it's exhausting and discouraging.  If the lease is under 12 months, I dread going through this process again :) 

But your MTM strategy does make sense.  

I heard there are companies in Canada that does the same thing like rentprep and zillow.  However as a non-Canadian citizen, I am not sure if you are allow to create accounts at those companies.