For many people, the idea of owning property on the side to generate some extra income is incredibly desirable. In a perfect world, becoming a landlord would be a fairly easy process, allowing new property owners to simply set up shop, find a few tenants, then walk away and let the cash flow like a …
Five Things to Consider Before Becoming a Landlord Read More »
One of the benefits of renting a home rather than purchasing a home is passing liability off to a landlord. If something breaks or stops working or needs replacing, the tenant is not responsible financially for those types of issues. Of course, landlords take on a lot more liability than just the occasional leaky faucet …
Five Things You Should Know About Landlord Liability and Exposure Read More »
No landlord wants vacant rental properties, first and foremost because a vacant property isn’t bringing in any money. While in most cases the occasional vacancy is unavoidable, landlords should work to keep properties filled because not doing so can lead to costly issues. Even if a space isn’t currently occupied, it is imperative that a …
Taking on your first property as a landlord is an exciting time, but it also comes with a number of anxieties associated with doing a good job as a new business owner. Thankfully, there are some generally accepted practices for first-time landlords to help ensure your rental business not only gets off to a great …
Five Tips to Help a First-Time Landlord Get Started Read More »
For many American individuals and families, renting a home is a much more economically sound investment than buying a home. For the person renting out the home, however, there are a number of risks that need to be addressed before allowing anyone to live in a home they have purchased. Homeowners insurance policies can cover …
Do You Need Rental House Insurance if You’re Renting Your Home? Read More »
Whether you own one property or 30, the most important goal for any landlord is keeping renters in every unit. That’s the only way to generate income for these units, but sometimes finding those renters can be a hassle. Plenty of people begin by managing every aspect of their property themselves, including advertising vacancies and …
Should You Hire A Leasing Agent to Help Rent Your Property? Read More »
Are you familiar with protecting your investment as an experienced rental property owner? If you are in the process of renting out a new home as a landlord, it may be beneficial for you to purchase rental property insurance. The perks of having this type of homeowners insurance are important to consider in case of unexpected emergencies. …
The Ultimate Guide to Purchasing Rental Property Insurance Read More »
I’ve been in the business of investing in real estate and protecting real estate for over 30 years. Over the course of my career, I’ve seen the ups, the downs, the ins and the outs! I’ve learned a ton from hands-on experiences and from different mentors. Recently I was challenged by one of my mentors …
Renting is growing increasingly popular in the United States. In fact, nearly 37 percent of households rented their home in 2016. This percentage represented the most American households electing to rent over home ownership in fifty years. Investors are taking advantage of this trend. Renting out your property is a great way to supplement monthly income. However, …
If you own rental property, you need insurance designed specifically for landlords. As a landlord, you have many responsibilities. You must protect your property from a myriad of expected and unexpected situations and protect your tenants as well. Standard home insurance policies don’t often provide the specific coverage a landlord needs. So choosing the right …
6 Tips for Comparing Landlord Insurance Providers Read More »
