For those who have gotten insurance claim renters using Ale Solutions I'm curious how many have paid for the Preferred Landlord Program vs just registering your property for free.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

I've only been living here for a year and a half, but from my research and getting to know the city the largest industries are Insurance (ALICO), Education (Baylor, MCC, and local ISD's), and Distribution (Coca-Cola, Mars-Wrigley, Dr.

Quote from @Madelyn Felix: ShowMojo and Tenant Turner include insurance against those issues.

Those that respond “$0” or something ridiculous, you can request income documentation from them to justify.Don’t be afraid to share with them how much your property taxes & Insurance increased and that YOU cannot afford to absorb them.ALWAYS get an increase or something of value annually when rents are increasing or tenants will start thinking they should never have an increase, making future increases that much more difficult to negotiate.

While my insurance charges are relatively low each year given this is a condo, I learned to better assess who is behind budget planning at the HOA level for all of the units for roof, cleaning costs, basement improvements (shared by all units), given this was run well by one individual.

You are mention the higher costs for MTR-- I would adjust the cleaning fee and add incidental insurance like Waivo to cover those costs.

I just started working with THD, I had the same situation as Shankar RamaniI had a 3/2 SFH posted for LTR, they reached out asking if I am open to short term rental, I was hesitant first but after searching the company and their business model, I was willing to take the risk if they pay me a good premiumThe person who reached out to me works with the insurance side of THD ( they have corporate leasing department too), and her tenant had a fire damage in their house so the insurance company wanted the tenant to stay somewhere until the house repair is done.

Hey Zigmunt, I have an insurance wizard at goosehead insurance.

Also, do you have the proper insurance to CYA in case something goes wrong?