All Forum Posts by: Marlina Eckel

I appreciate your input @Cory Cox and @Ray Fisher very much!  I am very pleased with my lease at this point and I did leave in some points that were important to me. Thanks for your support to stay true to my experience and understanding.

Hi all, I just secured my first property in Arkansas. I created an Arkansas Lease using Rocket Lawyer and a House Rules and Resident Policies Addendum referring to the documents that my property managers in CA and OR use as a guide.  The Realtor who is helping me lease the property (I am out of state) says that the addendum is overkill and that the lease covers all of the stuff anyways, but in general words. She feels that I will make the tenants uncomfortable to sign the additional document, that the culture in Arkansas is more laid back and wouldn't respond well to this more specific document. We did do a good screening of the tenant and I feel quite comfortable that they will be good, clean and responsible tenants, but you never know....My question is, do you Arkansas landlords use addenda to your leases? How nitty gritty do you get into specifics?  I want to highlight at the lease that tenants should monitor moisture to avoid mildew growth and clean if they see it, they should change air filters quarterly, smoke detector batteries are their responsibility to change, etc. Any advice is appreciated.  I need to get this squared away this weekend. Than you so much!

@Brian Ploszay and @PJ M., I appreciate both of your inputs!  I am shopping in NW Arkansas. I have now received quotes on the same property from various agents and firms and will evaluate the policy components and prices. Hopefully I can get a general ballpark, like PJ mentions, and go from there.  I am ensuring the policies will contain dwelling, personal property (washer/dryer, fridge), and liability.  Any other policy coverage to look for?  

The Shelter agent told me about a policy they have, which covers buildings 15 years or newer, affordable, and also covers tornado damage and other "acts of god". That seems pretty interesting. It is also competitively priced, at least from initial glance. Need to get them all up and compare carefully.

I am finding it perplexing as to how to best estimate landlord insurance policy costs on various properties. As I understand it, the policy costs vary due to age, construction, etc.  In the webinars, I have seen Brandon pop $75/month into that box, but now that I am connecting with insurers, I am finding out that there is no average and that number seems low.  How do you all deal with inputting insurance numbers? Do you pass each property by your agent?  Is there a way to use an average number just for the initial pass.....and how would I calculate that?  Thanks everyone!

@Zachary H., I am also looking for a reliable insurance agent in AR at this time.  I am curious as to your referral info that you sent by PM. Maybe you can message me as well. Thanks!

Good luck with this deal. I would  think that you could find the money, if contract time allows. 

@Kevin Gray You are not the first rather new person who is trying to share information and getting a seemingly less-than-warm welcome.  I've seen it before and it can be off putting. Don't let it.  Keep it up and thank you for your post.

@Scott Lewis and @Dustin Davis- Thanks for responding, I have pm'd you both. 

@Nathan Gesner - I really appreciate your detailed post.  Very important points that I will use in my search. I very much appreciate your information.

Does anyone have any experience with Platinum Properties of Northwest Arkansas?

Thanks @Mike Vann! I will check them out!