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Hello all, this newb is requesting some sage advice. I live in Elgin, IL and have a contract for a single family home in Benton Michigan that I will utilize as a short term rental. It was build in 1920 and the peopl...
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Hi all. I’m selling and buyer wants to back out of cash contract 3 days before closing. Obviously, I will go after the earnest money deposit. Does anybody have experience in a similar situation? I’ve heard about media...
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Hey All,I have my first electrical emergency – tenant has lost power in about half the apartment.Recommendations for a great and FAIR electrician? I may have to trust their assessment and work without being personally...
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Hey everyone - We are in the research stage of looking for home insurance for a 2-unit MF property in Chicago. Does anyone have any suggestions for companies that specialize in MF coverage? Are there any specific thin...
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I have just purchased a SFH which has a wood burning stove in the living room. What concerns, liabilities, responsibilities and legal implications should I be aware of in regards to landlord protection? Should (could)...
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I am purchasing a 4 unit townhouse style building. The current owner said she pays 1400 per year for insurance. I am trying to aquire insurance and the lowest I've been quoted is 2,200. I asked the seller where her in...
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Currently, I required them to have $100,000 in liability insurance. Would love to know what limits other LL are requiring. Property is located in Broward County, FL.
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My brother and law and I are managing a single family rental property inherited by our wives. The property is still in probate (and will be for awhile), so we can’t make cash flow distributions yet because of certain ...
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Looking for home insurance companies to compare quotes. What’s everyone’s coverage, premium, and monthly cost?
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Hi All,I'm looking for an insurance provider for a newly acquired 4 unit in Columbus, OH. Any recommendations on insurance providers that provide both a solid policy and low premiums?Thanks!Mark