We had 14 members in attendance.
Cheryl Blair from Patton Insurance
We had asked Cheryl to bring us information about Damage being done to vacant properties. Is it covered by Insurance or not. What she explained to us is that Erie Insurance says that if a property is leased but unoccupied, tenant is gone for a length of time it is covered but if a property is vacant more than 60 days it s not. This is something we as Owners and Managers need to be aware of. You need to check with your Insurance Company to find out if this is the same for your properties.
Cheryl has been in Insurance for 35 years. She is past president of the RPA and has held other offices in the years she has been a member.
Tracey McCaughey spoke to us about a three day seminar she went to in Tenn sponsored by Mr. Landlord. She learned a lot and was willing to share some of the information with us.
We received a letter from IVY TECH about our scholarship program. A $500 scholarship was given to Christopher Rubio in the spring.. Cory Millikan also received a $500 scholarship in the summer.
Next month the speaker will be John Spafford from National Tenant Network. We have discovered that this is a perfect way for us to do Credit checks and Back ground checks on potential tenants. He will be there to explain and answer questions.
Meeting was adjourned at 8:30.
No comments:
Post a Comment