Hi,Gurus,Does anyone know that if the property owner manages his own property, does he needs to buy property management insurance?I was told that the property insurance should cover it, but I am not sure if the tenant...
New rental management company did not show up for eviction court date so case was dismissed, now rental management company is having issues refilling for an eviction court date. I am facilitating all communication bet...
(Its not a real situation. Its just a question) Can a LLC protect me against a dead person on my property? If I dont have CO2 monitors on the property and someone dies because of the toxic gas, but I have an LLC set u...
Hello everyone,Bigger Pockets provided a lease agreement for Arizona which has an option to require the tenant to a include liability requirement in their renters insurance.I'd like some advice to help me understand i...
A PM I really like has a 'Non-Disparagement Clause' which goes in perpetuity... I've never seen this before and puts me off them a bit. Is this normal? Would it hold up in court?Any thoughts are welcome!
I own a commercial facility office and industrial 80,000 sq ft. The office is occupied by a long term very secure tenant and the 63,000 sq ft area had a tenant leave. I have a new tenant and we are working on a lease,...
Hi guys,
I know it has been asked in many different ways before but I am looking for a more specific answer. My question is: Why have an LLC when you can just get an umbrella policy for 'x' million dollars on your pro...
I'm actively searching for my first multi-family property which I plan to have professionally managed. The market I'm shopping is solid (not hot, but solid) with good rent prices relative to purchase price with good ...
Hello everyone ! I sent in the paperwork to form my LLC. My question is regarding the insurance on the property. What type of insurance are you putting on your (in my case) Two Family -do I need an umbrella policy ? I...