In fact, some insurance companies now refuse to write new policies in these regions.

"Additional Insured" on Insurance Policy to Property as CollateralHow specifically should a private lender be mentioned on the owner's insurance policy to a property used as collateral to a loan.

Michigan has no laws about late fees, by you need to check your state & local statutes.Conceptually, if you don't have a solid Late Fee policy, you will eventually get taken advantage of.What we do as a PMC, much of it automated:1) Rent Due Date: first of month- Don't ever modify this as too complicated to track!

I'm self employed, no other "job"I have STR insurance policies that show a line item for Loss of Business Income.

It's an insurance policy that borderline applicants have to get if everything else checks out.

Are you listed as additional insured under their policies?

Often, these are some of the hardest properties to get title insurance on for various reasons, and your policy may not be quite the same coverage-wise as what you'd get on a "normal" purchase on the MLS.

My current insurer is refusing to renew my policy due to fire hazards in the area.

You may be better off just paying for an umbrella insurance policy each year.

The amount and type of data they collect for "free" use is concerning. https://innago.com/privacy-policy/