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Had a conversation with our insurance provider.1. On another post someone said they use locks with a master key for all customers. This makes you a warehouse and not Selfstorage. You then take on new liability on t...
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Hi BP -I have encountered an odd situation that I want to run past the community. I have 2 duplexes under contract. They are right next door to each other but are on separate APNs so the sale is being treated as two...
Yesterday I received an email from NREIG that they have decided to increase my monthly premium by 20% per month. I own 4 rental properties in the Tampa bay area with a coverage amount of ±$70,000 each. I also have nam...
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hello, our Airbnb began July 2022 and starting then, we have been paying almost $1,000 monthly in insurance.we need to cut down this cost but we could not find anyone else to insure us . . . Likely due to the recent h...
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I am about to purchase a town home to rent out. This will be my first property that I have ever rented. I am wondering do I carry the same type of insurance as I do for my home? What about home warranty insurance, is...
I own a multi family home in Long Branch NJ. My family and I have resided in the upstairs unit for the last four years while renting out the bottom apartment. The property value has nearly double and the rental m...
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I wanted to take a moment and discuss some questions about SFR and respond with some specific trends we expect to see more of in 2024. Many of the topics below were hot topics for debate by SFR industry leaders at the...
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Checking accounts...do you have a separate checking account for each property/LLC or 1 main account that all of the properties run through? This is a question for everyone that manages their own properties, as well as...
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I have a property for rent and have been approached by someone who has an LLC that runs a group home, what sort of clauses should I add to the lease agreement? Here I am thinking; liability(I am sure I need an umbrell...
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Hi Everyone,Long time reader rare poster here. Issue: I am having a difficult time finding umbrella insurance for my property and I am hoping you all can help. My Situation: I currently own three duplexes in ...