I have a friend from my church who has suffered both financially and in her marriage relationship because they had to move from their apartment to a new apartment IN THE SAME COMPLEX. Their old apartment had reoccurri...
Hi My Fellow BP members!I recently bought my first investment property in Huntsville AL and was able to rent it out quickly. Tenant moving in on June 7th. My PM told me that in Alabama its not mandatory for tenants to...
Hello fellow investors. My rental in CT has just gone through a revaluation for tax rate in the city. Of course, with the market being so high the tax bill went up even though they lowered the mill rate. So now i need...
Hi,I would like to know whether anybody has used Home warranty as means to reduce any major maintenance cost. I am wondering whether its another "insurance" where, they are nice when e buy it but when the real repairs...
Hello All
We suffered fire damage about 2 weeks out from listing....less than 5 hours ago. We have insurance to cover dwelling. Has anyone gone through thus? I'd appreciate any recommendations on what to be aware of.
I am one-week out from closing on my first STR. I have already lined up a professional property manager (the STR is out-of-state) and a design team (we are upgrading every room in the house and adding a ton of ameniti...
Curious who requires rental insurance for multi family units? Any specific coverages? Why?
I'm finding some conflicting information about this. At what size do I (or the bank) start evaluating an RE deal by generated cash flow? Is it the moment the property is considered multi-family commercial (even if its...
I just had a rental property suffer heavy fire damage. It was a tenant accident and my insurance will cover repairs, but..The adjuster said its $90k worth of damage, and they immediately sent me a check. I've gotten...
I am reviewing a property management agreement and came across this clause RE: Indemnification that seems too broad:INDEMNIFICATION:(a) The Owner shall indemnify, defend and save Agent harmless from all suits and/...