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23 March 2024 | 31 replies
-Landlords who are found to be in violation of the ordinance with respect to source of income can be fined up to $1,000 per incident.
20 March 2024 | 4 replies
.: A woman who inherited a home in New York City full of people squatting illegally was arrested and led away in handcuffs after she changed the locks.Adele Andaloro, 47, was placed under arrest at her $1 million home in Flushing, Queens.As the Post further reports, this is the latest such incident - which comes weeks after a couple's plan to move into a $2 million home in Douglaston, Queens with their disabled son was derailed by a squatter who claimed to have an agreement with the previous owner.In another incident, a squatter turned a Rockaways home into a 'house of horrors' with over a dozen emaciated cats and dogs trapped inside.Super unfortunate.
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19 March 2024 | 17 replies
The policy concerned with this “incident” is your general liability.
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17 March 2024 | 2 replies
Since it's now been deemed safe, do you think it's still worth having future tenants sign a waiver and release just in case there is any incident within the parking structure, or, since it's been deemed safe, should we just not worry about it?
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20 March 2024 | 193 replies
Like insurance, you pay thousands of $$$ over the course of years where nothing happens, and then 1 incident happens and all of it pays for itself.
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16 March 2024 | 8 replies
I started doing that on my properties years ago when I had an incident when a mortgage company did not pay my property taxes, even though I was paying through escrow, and I had to make the payment myself and fight to get it back to me later to avoid a tax lien on a property.
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15 March 2024 | 21 replies
On the CAD report there were 17 incidents minus the 2 I have made in the past year.
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9 March 2024 | 17 replies
Insurance in several areas are costly possibly due to frequent fire incidents.
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4 March 2024 | 20 replies
If you have an insurance claim with renters in the property and a homeowner policy I would expect the claim to be denied.The benefit of landlord insurance is that it will actually cover you, if you try to rent a house out with a typical homeowner policy you are simply not covered (even though you are paying premiums).Insurance is not where you want to go lowest bidder or look to cut corners - it is there to save your behind in the event of a major incident.
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27 February 2024 | 28 replies
Let's not forget the liability piece that STR insurance provides in MUCH higher liability limits for incidents ON your property but also incidents off your property while your guests are staying there (like using a bike).