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7 October 2016 | 16 replies
On top of that, a lot won't offer an umbrella policy unless my personal auto and home insurance is under their name as well.I use AAA for my personal home and auto coverage.
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16 February 2018 | 23 replies
Systems Built: vetting and selecting contractors (goes without saying how important this is), writing joint venture agreements (which helped immensely in this project), building contract document packets (for holding contractors accountable), processing hard-money lending (must understand the nature of this form of lending), creating initial material management processes (this is one expense you have total control over), selecting builder's risk insurance policies (must haves and what to know about coverages), managing the finances of a project (this is critical to control and tough to implement), and more.Placed this property under contract in late Dec 2016, closed near the end of Jan 2017, allowed the previous owner to holdover with rent back for a about two weeks, and began demo a few days into Feb.
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1 May 2021 | 300 replies
I have denied thousands in coverage for tenants that were messy, negligent, or just plain careless and stupid because there was no "malicious intent".
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2 March 2019 | 147 replies
Your company should provide you with the option to enroll in various accidental death, short and long-term disability, and long-term healthcare coverages.
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20 November 2023 | 5 replies
It is not a guarantee of coverage beyond the month you are required to report it but it would simplify the process.
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22 August 2023 | 47 replies
(Non-qualified money - meaning no W2 needed)(Debt service Ratio coverage - meaning they use the “rent” of the property to cover the taxes, principal, interest, to qualify)Then there are other forms of private and hard money.
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24 March 2022 | 29 replies
I would do a deep clean, see what you can get from Airbnb on money/coverage etc.
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24 May 2023 | 9 replies
If your insurance coverage isn't enough, they could seize the LLC assets, but not your personal assets.Additional thoughts:1.
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12 June 2023 | 82 replies
Ask how that effects coverages.
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13 June 2023 | 9 replies
While she did not pursue any charges because she has a tendency to fall on various surfaces and possesses adequate insurance coverage, I am concerned about the safety of my tenants and the potential for future liability if someone else were to fall and seek damages.To address these concerns and prioritize the safety of my tenants, I have decided to replace the current deteriorating asphalt driveway.