No matter how diligently you perform background checks on your tenants. There is always a risk of rent default by a tenant. Not getting paid is every landlord’s worst nightmare, especially for those who have mortgage payments to send every month. Imagine
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Being a landlord, you can make it mandatory in your rental criteria to require renter`s insurance from tenants. A Renter`s insurance is a fairly cheap insurance policy and doesn’t cost a bomb to the tenants. Imagine by just spending his 5 beers
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You might know about a general homeowner’s insurance policy to protect your home or your property. But what if you are turning your house into a rental property or renting out some of the rooms in the property? Or, for that matter,
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A Rental Property Owner is always one step away from experiencing personal liability. It is important that you have adequate protection when expose to liabilities. You might have heard about umbrella insurance for a rental property and an LLC. These are the
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Being a real estate investor, you might know about an LLC incorporation. And, how Incorporating your rental property under LLC protects your personal assets in case of a liability. But before you transfer your rental property to LLC, you must understand the
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Being a landlord, you are required to have landlord insurance. An insurance policy that protects your rental business from all kinds of harms. Anything can go wrong with a rental business. Your property can get damaged. A lawsuit can be filed against
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