Owning an apartment building comes with risks, and having something disastrous happen to your property is one of them. While you have insurance in place in order to get the building rebuilt, restored, and ready for residence again, your tenants need somewhere to live in the interim. This is where renters insurance comes into play. […]
Apartment complexes come with their own sets of issues. Yes, they are a good addition to your real estate portfolio, but they also require a lot of work, diligence, and care. You need to manage the teams that find renters and process information, those that clean and maintain the premises, and more. And on top […]
Joining an HOA, also known as a homeowner’s association, is exciting. You get to participate in creating bylaws and ensuring that the residents follow them. You’re also in charge of events for the development and numerous other activities. Since you now partially represent the people who live in your condo, housing development, or timeshare complex, […]
Owning a large rental property, like a multi-unit, multi-floor apartment building comes with a number of responsibilities. You need to manage the employees who clean and maintain the building, as well as those who are in charge of finding and vetting new renters. On top of this, you also need to protect your company from […]
Landlords often require their renters to have a rental insurance policy. These policies protect the property that belongs to the renter. But what about the rest of the building? As the landlord, you need to have a number of policies in place to protect yourself and your investment. These policies go beyond the scope of […]
Owners of apartment complexes have a lot on their minds. They need to keep their apartments filled with tenants, manage the employees who maintain and clean the complex, and ensure that all of the bills get paid. The last thing that they need is to deal with additional bills from storm damage-related repairs. Thankfully, there […]
As a landlord, you no doubt have a lot on your mind. You have to keep your properties full of tenants, not to mention in good, livable condition. You might have employees to manage. Depending on the size of the property, this can include housekeeping staff, rental staff, maintenance workers, and more. The last thing […]
Owners of apartment buildings have a lot to juggle. Not only do they need to manage their employees, including those who perform maintenance and housekeeping tasks, but they also have to ensure that all of the utility bills get paid. Other things to worry about? Fire risk. With so many residents in so many apartments, […]
When it comes to insuring apartment buildings, most people tend to automatically think of renters insurance. This makes sense, as renters do need to have insurance on their belongings just in case the worst happens, or disaster strikes. However, what about the apartment building itself? As it turns out, the owners of the property need […]
Apartment communities have different insurance needs than detached homes that are situated in standard neighborhoods. Since an apartment building is owned by one company, also known as the landlord, and contains separate apartments occupied by tenants, several distinct types of insurance protections are necessary. On top of that, the owners of the apartment complex need […]
