All Forum Posts by: Abou C.

Hello

Plan on acquiring a 2-4 unit multifamily pproperty in the RI/MA area next year. I understand most people have some type of pet wether it's a dog or cat to name a few, what are some policies have you used for pets in your property.

1. What breed do you allow or don't?, and why?

2.  Do you add pet liability to your insurance policy if pets are allowed on site?. If so what is the liability requirement i.e $100k

3. Will the tenant show proof  of "liability insurance"?.

4. Big or small dog?, and do you inspect the dog to see if generally "friendly" and "none aggressive"

5. Do you require extra fee, such as $50 per month on top of rent?, if so is it legal? because I have heard mix reviews on this. 

6. Will you require "pet deposit?" such as $500, if unit has carpet or $100 if tile?, on top of the deposit?. 

7. What other ways do you protect your self besides insurance i.e renters contract stating pets?.

8. Have you ever encounter legal issues because of a pet owner?. 

9. If pets are allowed and I understand some people do not clean after their pets, do you visit your property more?. 

10. What have you done or will do if a tenant brings a pet, and your contract/policies states no pets allowed?. 

@shane very insightful, I would not want any of that. And you were lucky they also paid for the damages, but people surprise me every day. 

@GiovanniIsaken Thank you for the link. 

Investing in multi family property next year with 2-4 unit. I am wondering besides this wonderful site which I love, what other sites paid or not have you used in your decides in a property or its location?. 

Wow wealth of information @georgeFitz. 

What type of extensive research have you conducted before and after the property is under contract to buy?. What steps must a investor never FORGET to research, no matter who the seller or agent tells him. 

@georgeFitz  What should I be looking for when researching land plots?, Zoning?. 

Oh okay. 

Oh okay.  

Assuming tenant are all great people and their visitors are as well. I am wondering what type of security measures have you taken?, do you add security camera outside or home security  such as 'ADT" or will that make them uncomfortable?, or is it pointless?. Assuming the camera is outside the property not inside.