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2 Things Every Investor Should Know About Landlord Insurance

2 Things Every Investor Should Know About Landlord Insurance

Ready to start investing in real estate? Don't make the rookie mistake of assuming that your homeowners' insurance will cover accidents, disasters, or damage once your owner-occupied home becomes an investment home. Homeowners' insurance policies typically only cover owner-occupied homes. If you start renting out to someone else, that coverage generally no longer applies.  And if your renters have insurance, their coverage is designed to protect their belongings inside the home, not the physical dwelling itself. This ...
10 Tips for Buying Your First Real Estate Investment

10 Tips for Buying Your First Real Estate Investment

You may have heard the advice: "it's always a good time to invest in real estate." If you've decided that an investment property makes sense for you, you may want to do a little bit of homework before you call your favorite real estate agent. Real estate investing isn't a fool-proof guarantee for wealth building. But the right property, market, and mindset could get you on the road to a profitable investment. Follow these ten tips ...
11 Steps To Protect Your Rental Property Investment

11 Steps To Protect Your Rental Property Investment

There are many pros and cons to owning a rental property. If you’ve considered renting out your property, there are ways you can minimize your risk and protect your investment. You can protect yourself -- and your property -- from physical damage, lawsuits, and insurance claims, even if you’re a first time landlord. What sorts of risks are you facing when you become a landlord? First, there are inside risks: those produced by the property ...