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What Insurance Do I Need If I Rent Out My House?

Bay Property Management Group

And if youve been asking yourself, What insurance do I need if I rent out my house? Accidents happenits part of the game, and having the right insurance in place really matters. Read along to learn what each option covers and how to choose the right insurance for your rental. Homeowners insurance wont cover the lost rent.

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Questions To Ask During Your Apartment Tour

Bay Property Management Group

Finding the right apartment goes beyond just liking the spaceits about knowing what to expect. Asking the right questions to ask during an apartment tour can give you a clear picture of what living there will be like. Living in an apartment comes with normal wear and tear. Lets get started! How Are Maintenance Requests Handled?

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Landlord Insurance: Everything You Need to Know

Osprey Property Management

Renting out property can be profitable, but it carries certain risks that traditional homeowners' insurance might not cover. That's where landlord insurance comes into play. This specialized kind of policy is tailored to protect property owners who rent out one or more residential homes, apartments, or condos.

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Renters’ Liability Insurance: What It Is and How It Works

Bay Property Management Group

Thats where renters’ liability insurance comes init helps cover these unexpected costs. If you’re wondering what renters’ liability insurance is, how it works, what it covers and costs, and most importantly, whether you truly need it, we’re here to help. What Is Renters’ Liability Insurance?

Insurance 147
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Finding the Perfect Multifamily Property

American Apartment Owners Association

Multifamily refers to properties, such as apartment complexes, condominiums, townhouses, semi-detached units and duplexes, all of which offer multiple spaces for rent. Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees.

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How To Rent with an Eviction on Your Record

Bay Property Management Group

But dont worrythere are still ways to rent after one, even if it feels tough. Main Takeaways Knowing exactly how to rent with an eviction on your record can seem daunting. You could rebuild your rental history with short-term rentals, use honesty as the best policy with potential landlords, rent with a co-signer, and seek legal aid.

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What Is a Mother-In-Law Apartment & Should You Have One?

Bay Property Management Group

That space could be turned into a mother-in-law apartment. Main Takeaways Mother-in-law apartments offer flexible living solutions , serving as spaces for aging relatives, guests, or rental units that can generate extra income. What Is a Mother-In-Law Apartment? Why Are They Called Mother-In-Law Apartments?

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