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All Forum Posts by: Andrew Briggs

Andrew Briggs has started 2 posts and replied 4 times.

Thank you all for your input.  I'm gonna keep it separate, no mixing contractors with tenants.  As for the ultimatum, it's noted I'll keep collecting rents for a few months to see if he 'strikes' again.  As a new landlord I need to build some cash.  However, this will likely be a 2 strike limit.  BTW, he's month to month.  Not sure if that makes it easier to hit the eject button?

Hi, I'm a newbie landlord.  I bought 2 tenant occupied units that need some work.  I have a few contractors that I would like to establish a working relationship with and had them do some bids for the roof and a fence.  Bids look pretty good.

The snafu...  Both of my tenants work for roofing/fencing companies.  They have both offered their services and have asked me to consider them.

My intuition says NOT to mix business with tenants.  Plus, for the long term, I really want to establish good rapport with the contractors I've worked with in the past.

The curve ball...  One of the tenants gave me an ultimatum saying if I don't use his father's roofing business to do the repairs I'll have to find a new tenant.  I responded essentially saying I'm not going to play favorites choosing you over the other tenant for this work...  I also said I have the freedom to chose whoever I want to do the repairs.  He seemed to back down for now...

Tips, advice, wisdom?  Any would be greatly appreciated.

Andy

Post: Insurance for Rentals?

Andrew BriggsPosted
  • Fort Worth, TX
  • Posts 4
  • Votes 1

Excellent, thanks for tip Chris.

Andy

Post: Insurance for Rentals?

Andrew BriggsPosted
  • Fort Worth, TX
  • Posts 4
  • Votes 1

Hi, I'm new to REI; just bought my 1st rental in Southwest Fort Worth. The properties need some work - we plan to fix roofs right away . But we hope to do the other repairs down the road...

We're looking for a way to put them under basic insurance for now.  Would anyone be able to refer me to a good insurance broker that has experience working with investors and rental properties in DFW?

Andy