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How Insuring an Apartment Building is Different from Insuring a House

In some ways, owning a building as a landlord or owning a house as a homeowner have a lot in common. For example, both investments require some form of insurance, and while homeowners’ policies and landlord insurance policies share similar types of coverage, there also are some significant ways in which the two types of …

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Landlords’ Responsibilities to Their Tenants

If you’re a new landlord, you may be focused on preparing the property for potential tenants, along with marketing these spaces to them. Once tenants, are secured however, what is your responsibility to them? It’s important to understand your obligations as a landlord so not only protect your property investment, but also the relationships with …

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Risks Faced by Apartment Building Owners

Owning an apartment building sounds like it should be a fairly straightforward endeavor. If you’ve got the money to purchase a property, it really should be as easy as welcoming tenants into your building and reaping the financial benefits of a successful business. As with all businesses, however, running an apartment building doesn’t always go …

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Landlord Tips: Attracting and Keeping High-Quality Tenants

When an investor purchases a property with an eye toward renting out units to long-term tenants, what ideally would follow is the steady population of that building with reliable, high-quality tenants that love their apartment, pay their rent on time, and plan on staying put. These people aren’t unicorns, and they can find their way …

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Photo: Spring Flowers in front of an apartment building

Spring Apartment Building Maintenance Tips

While just about every landlord understands that occasional apartment building maintenance is necessary to maintain a functioning, desirable rental property, spring is an especially good time to undertake some of those responsibilities since winters can be so punishing for buildings and the systems that allow those buildings to run smoothly. As winter wraps up and …

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Photo: Fire

Tips for Apartment Owners to Prevent Fire Hazards

One of the reasons fire insurance is included among most renter’s insurance for apartment owners is that all people need to be protected financially in case of a fire. In an apartment building, a fire could destroy an entire structure, and it all could have been caused by another renter. Knowing this, it is imperative …

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