Jim C.
Is Anyone Tired of INCREASED Insurance Premiums and cancelled their policies?
Hello BPer's:Anyone else out there tired of the annual insurance premiums increasing year after year, even with no claims ever? My rates jumped 25% on all my properties in just 1 year all with no claims! I have Erie I...
Tsoi Anisoquilli
Tenant personal property damaged thru landlord negligence
Unlicensed uninsured tree trimmers the landlord hired, downed limbs on house power line causing huge power surges. Landlord did not notify Oncor before the work started.Tenant notified landlord when the limbs came dow...
Ken Jones
Property damage due to a break-in
I have a SF rental where the tenant has encountered a break-in where a window was broken. Tenant has occupied and maintained the property for about four years. My question is: Am I responsible for repairing the broken...
Joshua Fann
Crazy Property Damage Situation While Under Contract
I am in the process of trying to buy two properties side by side in a downtown, historic square location, both on "Main Street." One of them is an old warehouse, built in the late 1800s, that was condemned by the city...
Devan R.
Rental Property Damage vs Wear & Tear
I've owned a rental property in Missouri 4 years now. I actually purchased the property in 2007 and it was my primary residence until I moved back to Florida in 2010. Earlier this month, had my latest tenant (military...
Daniel Gupta
Property Damaged-Is my Property Manager Liabile???
Hey guys, here's my situation- Would love some input & advice.I have an apartment house, and one of the tenants had some sort of bathroom party and burst a pipe in the bathroom. It ended up causing flood damage to...
Jerry Kisasonak
Renter's Insurance - Does it cover property damage?
Hello fellow BP'ers! I've heard of landlords who have leases that require renters insurance with a specific amount of coverage, coverage that would cover damage to the property (or more severely - vandalism) by the te...
Angela Li
Property Damage from Neighbor and Unfinished Work
Hi all,
Wanted to get your opinions on a situation. Long story short, a large building has been under construction next to us for a few years and almost a year ago, due to the damage they caused our backyard, they ag...
Andy S.
Renter Insurance Mandated By Landlord - What Coverage landlord must mandate?
Hi All, I am a landlord in NJ and am seeking your guidance on what kind of renter insurance coverage I must make mandatory to the tenant.1) So far I have been asking for following bare miniumum coverage. Is this cover...
David Ounanian
How can the risks of real estate investing be mitigated?
The risks of real estate investing can be mitigated through various strategies:Research and Due Diligence: Thoroughly research the market, property, and neighborhood before investing. Understand factors like demand, s...