All Forum Posts by: Randal Shaffer

Thanks Tom! I’ve actually been using Stessa to track expenses for a few months and using Cozy to collect rent just recently. They both seem to be working out well. 

I’m sure this gets asked a lot, but what is the best property management app for those with just a few rentals?

Thanks for the help Thomas. One last question. I have Personal Liability coverage on my policy. What is the difference between that and Tenant Liability Coverage? It seems to cover the same thing, but it would be their insurance covering first, or am I incorrect?

Hey guys,

Newbie Rental investor here. I am prepping my first property for rent and I have a couple of questions that I'd like some opinions on.

1) I set up rental property insurance, but I disagree with the amount the insurance company wants to insure if for. I'd like opinions on your strategy for balancing monthly cost with overall risk of loss.

2) How do rental property insurance and renter's insurance overlap? I plan to require renter's insurance, but I don't want to waste money covering things in my property insurance that would be covered by the renter's insurance.

Thoughts?