I've seen a lot of people recommending mandating tenants get rental insurance, but I don't understand why. I'll have insurance on the home to protect myself, but why is it my business if they insure their own property...
Can anyone give me some insight on home owners insurance for owner occupied duplexes or triplexes? How do insurance companies view these types of properties? Is it similar to a single family property? I would love ...
New lease starts next month. I was thinking of upgrading the wooden deck, but the estimate came out to be so much so I am thinking of demolishing the deck. Can I do that? I didn't promise anything to tenants. They jus...
I just completed my first BRRRR. My insurance agent is strongly recommending I require any tenant to carry renters insurance, with me listed as an Additional Insured. Estimated cost is ~$25/month for $500k coverage ...
Any thoughts on a clause in a contract covering a scenario of a single tenant dying while under a contract?
My tenant brought to my attention that there was a ceiling issue in their unit. I had a contractor come out to perform the repair but not before a piece of the ceiling fell. The issue is the tenant left valuables ther...
Hello,I recently put in an offer for a condo that I plan to rent out to tenants (I will not live there), and would like to know if I need to purchase condo HO6 insurance since the HOA provides an "all-in" master polic...
So I'm in Wisconsin and purchased a condo from the sheriff's auction. The sale is final, I have a signed order from the judge, the redemption period is over, and I have a writ of assistance from the county to have th...
Hi,So, I bought a property at the auction. However, previous occupants left a lot of stuff behind. I managed to make a contact with them but they do not seem to be too worried. I found a mover, gave them a quote to mo...
Not too long ago I purchased my 1st rental property with existing tenants that both been there roughly about 10 years each they have a lot of personal belongings in the commons area and in storage any suggestions