Comments on Single Guy Money: More Rental Property Issues

I agree with anonymous above. The people who inst...

2008-03-12T18:07:26.970-04:00

I agree with anonymous above. The people who installed the hardwood floor should have taken care of this. Since they didn't, they are liable. In this case, I would call them and talk about it.

The person who installed the flooring (and apparen...

2008-03-12T17:42:51.643-04:00

The person who installed the flooring (and apparently neglected to seal the toilet upon re-installation) may be responsible for your damages. If he was a licensed installer, he'll have liability insurance and they will likely cover this. You may have to sue, but it's worth checking into.

1. Laminate flooring should have never been insta...

2008-03-11T12:20:51.765-04:00

1. Laminate flooring should have never been installed in a bathroom, water will damage it instantly.

2. If you don't know how to replace a toilet wax ring you should probably stop trying to be a landlord and maybe even a homeowner.

I would sell.What a colossal headache and waste of...

2008-03-11T09:35:46.252-04:00

I would sell.

What a colossal headache and waste of time. Couldn't you make more money running a business or working more?

I think this is part of being a landlord unfortuna...

2008-03-04T23:49:19.760-05:00

I think this is part of being a landlord unfortunately. Pay up and move on.

I would cancel the American shield - what exactly do they cover, if anything?

Also - great photo!

Mike

is that smoke coming up put of the toilet? ewwwww...

2008-03-04T23:44:05.556-05:00

is that smoke coming up put of the toilet? ewwwww!

I wouldn't even call the insurance company. Keep ...

2008-03-04T19:27:46.616-05:00

I wouldn't even call the insurance company. Keep your CLUE as clean as possible.

If you file a claim and they determine the cause ...

2008-03-04T17:06:29.926-05:00

If you file a claim and they determine the cause was poor workmanship, that claim will get turned down as well.

Even with $0 paid out and a denial of coverage, it will still show up on your CLUE report.

Fix the problem, put tile in the bathroom and raise your rental property deductible to $1000.

How much could the replacement cost be for a bathr...

2008-03-04T13:41:56.192-05:00

How much could the replacement cost be for a bathroom of wood and carpet for a single room? Replace that yourself.. put tile in the bathroom, carpet in the other room and don't file a claim.

They will raise your rates and you'll pay for this disaster for a long time.

I would try whatever you can to see if you can get...

2008-03-04T10:56:57.959-05:00

I would try whatever you can to see if you can get it covered before coming out of pocket.

Sorry that happened to you.

I'm not sure what a CLUE report is and why it is b...

2008-03-04T08:13:37.315-05:00

I'm not sure what a CLUE report is and why it is bad to have a claim on it - will it adversely affect your insurance premiums?

I think the wise thing to do is sit down and carefully read your insurance policy first. If it's unclear or you think you might be covered, call your agent. I was able to get advice from my agent on my renter's insurance without filing a formal claim. If your agent says it's not covered, and they're not obviously wrong, don't file.

Sorry to hear you're facing this expense, and really sorry for your renter to have toilet water in her wall. Any health hazard there?