The “big box” companies especially will run screaming from the seven types of tenants described below. Read on to learn more about the seven types of tenants that are most difficult to adequately insure and how to handle these situations.
Given that 90% of investors are sued at some point in a 20-year career—and 75% of Americans in general are sued in their lifetimes—investors can’t afford to ignore insurance. So I’m here to help you, the new investor, understand the most critical types of coverage for your first rental property.
Yup, that’s right. My tenant’s 16-year-old son accidentally drove straight through the front of one of my rentals into the living room of the home.
Just because mobile homes may be bought for below $10k doesn’t mean insurance isn’t just as valuable on these properties as on more expensive real estate.
Some of these mistakes have cost me wasted time, wasted money, loss of a potential investment home, and even losing a very good friend by mixing business and friendship. All this I can learn and bounce back from. What I can not live with is if my actions caused anyone else to suffer or be hurt due to my negligence. This holiday season remember the advice below as we cover some very important home tragedy prevention tips.
My last post generated some great discussion regarding property insurance. In that post, I went…
Insurance is one of those pieces of being a landlord that can make you pull…
I have been investing in real estate for over 10 years now. Almost 8 of…
Congratulations! You just closed on your first fix and flip deal. Now what? The natural…
Be careful. That distressed property you have under contract to buy may be haunted. No,…
Property Insurance is one of those nuisance expenses you always see calculated into mortgage payments…
America’s great spectator sport is front and center with the Super Bowl taking place this…
It’s one of those intangibles that sometimes gets glossed over when it comes to seller…