General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago, 08/21/2021
Property manager wants me to buy workers comp insurance
I am working on closing on my first rental property in Florida. I've run all the numbers and everything seemed to be going well. The property management company I was going to be working with just sent me a contract that includes a provision that says I have to provide workers compensation insurance for their employees to do work on my property. It appears to be a major red flag to me and I'd like to negotiate to have them remove it or find another company. But I wanted to do a quick sanity check. Do your property management companies require you to buy workers compensation insurance?