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Home Owner's Insurance and Renter's insuranc
Hello Everyone,
I am just starting out in property investment and I found this website just in time as I am about to close on my first rental property. I'm so glad for the wealth of information here because I have no idea what I'm doing except that I know I want to own rental properties for cash flow.
I'm buying a newly built town house and I will get a home owner's insurance for my property. I am getting a property manager to manage it for me. My questions is, how does my home owner's insurance work in relation to renters insurance for tenants. Do I need to require tenants to get renters insurance.