Have a question about the legality of the Indemnification/Liability clauses. I'm just getting started and may take on a few houses as a property manager.
From several example lease contacts, I've seen an indemnificat...
We are in the process of starting our first flip. And need some guidance on insurance.
Does anyone have a good insurance company they use for flips? Also, do you attempt to secure a homeowner policy or builders risk?
Hi, I’m purchasing a property in Huntsville, Al. My lender is asking for Home Owners insurance. Does anyone have any recommendations on how much coverage I should get for a rental property? Does anyone have any refere...
I have a tenant that is supposed to be moving out of his unit, and he isn't. Today is Oct. 9 & he has already paid first & last months rent at another building for October but hasn't moved out yet. He is a ho...
I am about to rent my first house and I will be using a property manager, I have some question about the contract. The hold harmless part states:HOLD HARMLESS: OWNER (me) agrees, at OWNER'S expense, to indemnify and...
Hi guys,
I am a bit embarrassed for asking such a simple question and feel like I should know the answer already but I guess if I don't ask I will never know....
I need to do some serious asset/liability protection...
Hi All,
I am in the process of wrapping up my first project. As expected, I had some troubles with the GC on quality of work, what was agreed to VS what was done, etc. I have met a lot of good workers in di...
I am working on a rehab right now, and I just received a letter from a law office stating that their client was injured on my property by a "piece of wood which was unsecured" when it "fell and struck her on the head....
Need insurance on an owner occupied 4 unit property. I am very confused on what coverages I need. I have received quotes with yearly premiums ranging from $1600 - $4500. Each quote that I have received is structured d...
Good afternoon BP, I am currently looking at purchasing my first investment. It is a triplex and looks to be a sound fist investment. I am wondering what kind of insurance I will need as I will be both living in one u...