I Just bought a Rental Property under my personal name, and I also bought the Rental Property Insurance, and found the policy shows the insured name is the Property Management Company name. I checked the Insurance age...
Hi everyone, I am researching about renter insurance and if landlord should be added as additional insured or additional interested. Most articles do not say about if this is a bad idea or not. And it seems to be fine...
I want to run something by the community regarding property management and see if others have done something similar:I’m in the process of figuring out how best to setup the legal structure for a long-term, buy-n-hold...
Hello All!
I just purchased a duplex. This is my first investment property. I don't want to pay for a property management company to manage my property, if I can help it. Below are some of the questions I am currentl...
Ref: Lender "Mortgagee Clause" vs. "Additional Insured" on Insurance Policy to Property as CollateralHow specifically should a private lender be mentioned on the owner's insurance policy to a property used as collate...
Just purchased my first rental property.The insurance company has a sort of a "Master Plan" agreement with the property management company I am using. As such I get a quote that is cheaper than normal as long as I am...
What are some good ways to confirm tenants have renters insurance?
I was told all of a sudden I had to add my PM to my insurance. My PM is under new management. After doing some research online all the articles that are for adding your PM to your insurance are written by other PM com...
I have a property with a main house and a guest house/studio that is attached with a separate entrance. The house is my primary residence. I was told that I needed to have a minimum of a $1M umbrella policy for the u...
Once a tenant is approved, when is it appropriate to verify that they have purchased renters insurance.....at the lease signing or prior? Also, how do you verify that the renter has renewed their renters insurance po...