Then maybe Rick’s idea wasn’t such a bad one? -D
> On Aug 8, 2020, at 8:53 PM, Kaleb Striplin via Mercedes > <mercedes@okiebenz.com> wrote: > > My bad its a $4800 deductible. Basically catastrophic in case the house > burns down or gets blown away. > > On 8/8/2020 7:46 PM, Kaleb Striplin via Mercedes wrote: >> Hmm, I didn't think about that. I may have to file a claim and see what >> they say. We do have a big $2k deductible I believe which I am sure if you >> were paying somebody to completely fix it all would exceed that. >> >> On 8/8/2020 6:31 PM, Karl Wittnebel wrote: >>> Typically homeowners covers water damage. The usaa guy told me it is their >>> #1 claim. They even have water detectors you put under your floors that >>> connect to the wifi and alert you to problems; they came out and gave us a >>> bunch. File a claim and get it fixed. >>> >>> On Sat, Aug 8, 2020, 2:00 PM Kaleb Striplin via Mercedes >>> <mercedes@okiebenz.com <mailto:mercedes@okiebenz.com>> wrote: >>> >>> What we get for rent each month covers the mortgage, insurance, >>> taxes etc. We have a lot of equity in it which is why we want to >>> do the 3 year plan then sell. >>> >>> Sent from my iPhone >>> >>> > On Aug 8, 2020, at 2:12 PM, Curt Raymond <curtlud...@yahoo.com >>> <mailto:curtlud...@yahoo.com>> wrote: >>> > >>> > >>> > Get rid of the rental and use all the money you keep plowing >>> into the rental to pay down your current mortgage. The amount >>> you're spending can't possibly be offset by the rent you're >>> getting or the equity you're building... >>> > >>> > -Curt >>> > >>> > On Saturday, August 8, 2020, 2:56:36 PM EDT, Kaleb Striplin via >>> Mercedes <mercedes@okiebenz.com <mailto:mercedes@okiebenz.com>> wrote: >>> > >>> > >>> > The previous issue was from what appeared to me water intrusion >>> from around a window. >>> > >>> > As I started pulling up more tile the rot just kept going. I >>> figured out what the cause was. The renters did not have their >>> washing machine connected properly and water was constantly >>> leaking behind it. I suspect it might have been leaking down the >>> wall at the washer connection. Entire floor along that wall where >>> washer sits is rotted out. Will have to remove all the tile from >>> the room and cut it out and replace. I did not go that direction >>> under the house so could have rotted floor joists as well. >>> > >>> > Also, plan is to sell the rental in about 3 years and take >>> equity and pay off/pay down our current house then refi what is >>> left into a 10 year. >>> > >>> > Sent from my iPhone >>> > >>> > > On Aug 8, 2020, at 1:49 PM, Rick Knoble via Mercedes >>> <mercedes@okiebenz.com <mailto:mercedes@okiebenz.com>> wrote: >>> > > >>> > > Kaleb says: >>> > > >>> > >> Area is very moist and the crap particle board they >used for >>> sub flooring just soaked up the moisture. >>> > > >>> > > Didn't you have water issues from the roof or something a >>> while back? >>> > > >>> > >> I’m sick of messing with this house and about >ready to just >>> dump it for whatever I can get or let >the bank have it. >>> > > >>> > > Sell it or sell your current house and move back in to this >>> one.... You could probably pay off where ever you want to live >>> with the proceeds. No house payments would go a long way to >>> building a retirement or buying a 201x E250. >>> > > >>> > > Rick >>> > > _______________________________________ >>> > > http://www.okiebenz.com >>> > > >>> > > To search list archives http://www.okiebenz.com/archive/ >>> > > >>> > > To Unsubscribe or change delivery options go to: >>> > > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>> > >>> > > >>> > >>> > >>> > _______________________________________ >>> > http://www.okiebenz.com >>> > >>> > To search list archives http://www.okiebenz.com/archive/ >>> > >>> > To Unsubscribe or change delivery options go to: >>> > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>> > >>> _______________________________________ >>> http://www.okiebenz.com >>> >>> To search list archives http://www.okiebenz.com/archive/ >>> >>> To Unsubscribe or change delivery options go to: >>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>> >> _______________________________________ >> http://www.okiebenz.com >> >> To search list archives http://www.okiebenz.com/archive/ >> >> To Unsubscribe or change delivery options go to: >> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >> > > _______________________________________ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
