insurance

April 8, 2015

Meth houses

Our daily interactions with Clients, peers, and prospects is always wickedly weird and unpredictable…. I got this text message from a friend of mine after he calls and I click ‘decline’ on my phone… Uh-Oh…..                 You can tell this isn’t going to be a good conversation ending well….                           Take Away:  When your Spidey-Sense goes into orbit, listen to it!!!
July 16, 2015

Sewer & Drain Backup Endorsements for Rental Properties

  Not exactly what you want to find in your house.  Definitely not what you want to hear about in your rental property. If you have a rental property with a basement, this is a reality that you likely will have to deal with, but there are ways to mitigate the risk as well as outcome. Two perspectives come into play here–that of the Landlord and that of the Tenant. (Standard disclaimer here before we get into the nitty gritty:  I’m not a licensed insurance agent and the comments below are not intended to be taken as providing such professional insurance advice.  Please contact a licensed insurance agent to discuss your particular situation.) Let’s look at the Landlord issues first… Make sure you replace your sump pump approximately every 3 years, even if it is functioning.  It’s a motor and moving parts.  Things break, wear out, get stuck.  Better to […]
April 6, 2016

For when the SHTF in your rental properties….

This post is one of those that isn’t fun to write or read for that matter, unless you’ve been there and done that.  Then you’ll immediately appreciate it. It WILL happen to you. Play the Landlord/rental/Property Manager game long enough and it happens.  A tenant trashes your property.  You have a flooded basement.  You have a fire.  The proverbial Shit hits the Fan. It’s easy to panic.  It’s easy to lose sleep, to not think clearly.  It is tough to regain your sense of control in situations like these, but it can be done.  With some advanced thinking and planning, you can and will survive. Here’s how to protect yourself when SHTF: Remember back to your childhood.  You likely enjoyed playing with Play-doh, right?  Remember the extruder toys where you put a ball of your favorite color into it and pressed the handle and out squirmed a shaped snake of […]
September 1, 2017

A special 5-Minute Friday

  God Bless Texas. Hurricane Harvey has unleashed devastation on Texas. Our prayers for those who have lost loved ones, those who have lost property, and those First Responders doing everything in their power to rescue their neighbors. I personally have Clients who live in the Houston area impacted and it’s going to be a long haul for them to recover….Literally years to financially get back on their feet….But hopefully sooner for them to get back on their spiritual feet. If you can assist via a charity or other organization, please consider doing so.  If you have already assisted or donated, THANK YOU. In lieu of today’s traditional 5-Minute Friday, I’m resurrecting an old blog article from 2015 that has important points to consider regarding protecting your rental property and tenant’s personal property from water damage. Sewer & Drain Backup Endorsements for Rental Properties Stay safe down there in Texas, […]