I have posted earlier about the storm damage my IP had early in the new year. The problem is that because it is a country town it is taking a while to get the repairs done, though it looks things are starting to happen now. The tenant was asked to put something in writing as due to the water damage and the aircon being out we thought waiving the rent for a week or two would be fair compensation.
Just got a call that the tenant has not paid rent at all and is not returning calls, also known to be looking for another place. I'm with EBM and I know they cover loss of rent in many situations - will I be covered from the date of the storm if the tenant bails out ? Becoming a real headache just because of the time it is taking to get the insurance claim in.
Just got a call that the tenant has not paid rent at all and is not returning calls, also known to be looking for another place. I'm with EBM and I know they cover loss of rent in many situations - will I be covered from the date of the storm if the tenant bails out ? Becoming a real headache just because of the time it is taking to get the insurance claim in.