Tom Benette
Insurance for rental property
We own an LLC which in turn owns a rental property (single condo). We use outside managers to manage the property.Right now I am using an All State personal policy on the rental property with the LLC as additional in...
Taylor Green
Loan documentation for private lending.
Hi,
I was wondering the best way to go about getting loan documentation (promissory note, deed of trust, business loan agreement) in order to lend on my first property.
I have read I could buy standard ...
Enyi Ajoku
Injury Claim by Tenant
Hello Everyone,
My NY MFH recently caught fire. It was discovered as an electrical issue which was no fault of the tenant. Tenant where the fire happened had to jump out of the window which caused her some injuries....
Mark Dreher
Property Management recommendations in Stockton California
My wife and I currently own a few rental properties in Stockton California. The property management company we were using for several years closed after the owners retired, causing us to move to a different company th...
Cory Bray
US BILL TTHAT WILL MAKE IT ILLEGAL TO OWNER FINANCE
*HR 1728 - What It Says and Why It Will Hurt Consumers and Small Business*
The U.S. Senate will soon be considering a bill that will severely restrict the property rights of millions of Americans and the way you do b...
Cory Bray
US BILL THAT WILL MAKE IT ILLEGAL TO OWNER FINANCE
*HR 1728 - What It Says and Why It Will Hurt Consumers and Small Business*
The U.S. Senate will soon be considering a bill that will severely restrict the property rights of millions of Americans and the way you do b...
Scott Roper
1 Dog Has Now Turned Into 2
I have a home I rent and the lease states no pets, but allows one dog per a pet addendum. They paid a $250 non-refundable pet fee for the dog, which is a yellow lab. I used to live in this house and know both neigh...
Srayan Guhathakurta
Tenant who was served a 14day pay or quit notice reported flood
New tenant moved in on October 2021 and was late with every single rent payment. She paid rent (and did not pay the late fee) for the month of November on 11/8 after being served a 14-day notice to pay or quit. She di...
Salil Surendran
Converting from homeowner to landlord insurance policy
Just rented out my primary residence and researching insurance coverage. Here is what I have learnt. Please do comment if wrong:
If you are not residing in a unit then a homeowner’s insurance will not cover anything....
Daniel Lehman
Landlord response time
I live in NY and own a couple multifamily properties. I have a formal meeting with new tenants where I go over what I expect from them and what they can expect from me. One of the things I tell them is my business hou...