If you have a duplex and occupying one side and renting the other, should you require the tenant to carry renters insurance?
We have rental units of various types (Multifamily - a 6 unit and a 10 unit, Duplexes, SFHs, and a couple condos). Our rental agreement clearly puts all liability for accidental disasters on the tenant (worded well)...
Is it recommended that I have something in the lease suggesting, or requiring, renters to obtain renter's insurance?
Hi everyoneRenters insurance. Do you require or suggest it for your renters?
I have a renter for the last 4 months who have paid rent on time or early every month. They were late paying rent this month, so we reached out to them. It's a family of 5 with 3 kids. The husband was arrested for d...
hey another question from a newbie, just wanted to know what are best ways in finding tenants for your buy and hold property? I'm in the New York era but it don't matter where you are from just want all the advice I c...
Hi Im new here. I was thinking of buying some low cost homes and renting them out. How would I go about getting financing from the bank. I make around 100k per year. I was thinking about 10 homes in the 30k range. ...
I advertised an apartment early in the month for a March 1 move-in and got a number of bites. However, I put in some engineered hardwood in the apartment and it wasn't show ready until mid-month and raised the ren...
Is Renters Insurance A Requirement For Your Tenants?
I am in the process of developing my first rental agreement and am wondering about requiring renters insurance. Do you require rental insurance from your tenants? If so, do you specify the minimum limits they have t...