Susie C.
Online Cost Seg Companies for Residential
Anyone use online resources for cost seg? Cost is ~ $400-600 vs $1500-2000. I own a condo and SFR I want to cost seg. Companies I've found and the cost they would charge for 1 property under 500k
KBKG - $450 - (audit...
Peter Sik
Is it common to add PM in insurance?
After 9 months of using this PM, PM is asking me to add them as additional insured. Is this common?"We are currently auditing and updating our records to insure we have copies of all insurance policies for the propert...
Mark Andrews
Should your LLC be the Primary Insured or Additional Insured?
I have heard from numerous insurance agents that the way they would write policies for an LLC would be:-Primary Insured: Mortgage Holder (Individual's Name)-Additional Insured: LLC But if the LLC's name comes up on th...
Veronica Solomon
Insuring Rental Properties Deeded into LLC's w/ conventional personal loans attached
I have 6 rental properties & have been advised by an attorney group to open 6 separate LLC's . All the deeds will be transferred into the LLC's . This is causing absolute chaos for me now with my insurance compa...
Mark Ham
Property Management liability insurance
So I have been asked to put the PM as a co-insurer on my policy, but when I ask whether they have any liability insurance, I didnt get a clear answer. Is this a red flag? When will a situation when there is a lawsui...
David B.
Property manager named on insurance ?
Is it typical that a property manager would be named on home owners insurance?Why would property manager need mortgage statements?
Martha Daisley
Help! Losing my ins coverage because of a land trust
Hi everyoneI recently added a rental property to a land trust under the advice of my attorney. Well imagine my surprise (and irritation) when the insurance company said it was not within their underwriting guidelines ...
Gina Baker
Do you charge a pet deposit?
I typically charge the equivalent of one month's rent for security deposit. For those of you who allow pets in your rentals, do you charge a pet deposit? If so, how much?
Dan Trinh
Putting Trust on the Insurance?
Hi Everyone,So my properties are in a trust. However, my insurance for these properties was under my name only. I just discovered recently that that is a HUGE mistake, being that if anything were to happen, my insuran...
Chris Troutman
Landlord as Additional Insured vs Additional Interested Party
The Lease requires Tenant to carry a renter’s insurance policy covering Tenant’s household goods, personal property and personal affects in an amount not less than $10,000.00 and liability insurance coverage in an amo...