Landlord insurance FAQ

A triple net lease (NNN) is a form of commercial real estate lease agreement in which the tenant is responsible for all ongoing expenses related to the property, including property taxes, insurance premiums, and common area maintenance (CAM).

Depreciation is the process of allocating the cost of a rental property over its useful life for tax purposes. There are a number of ways to calculate this, the most common being the straight-line method.

It’s important for landlords to understand the regulations surrounding unsafe living conditions and to take steps to prevent them. Familiarizing yourself with the regulations in your state, performing regular inspections, taking care of any maintenance, and encouraging communication are all important steps you can take to prevent unsafe living conditions.

As a landlord, it's important to be aware of the specific regulations in your state regarding the cleanliness of your rental properties. By understanding these regulations, setting clear expectations for tenants, and implementing some best practices, you can ensure that your rental properties are kept in a safe and clean condition. 

Every landlord must follow the Federal Fair Housing Act which states a landlord may not increase rent based on the age, race, religion, nation of origin, familial status, sexual orientation, military status, or disability status of the tenant. Certain situations classify the rent hike as illegal.

Rent control, or rent regulation, usually refers to laws and ordinances limiting how much a landlord can increase rent in a given period and set conditions for when and how much they can raise rents. Such regulations are set to make housing affordable by imposing price controls.

Whether you’re new to owning a rental property or have owned multiple for years, using a self-serve property management platform has many advantages, such as managing tenant screening, maintenance requests, rent collection, accounting, and more.

Whether you’re new to owning a rental property or have owned multiple for years, hiring a property management company has many advantages, such as managing tenant screening, maintenance requests, rent collection, and evictions.Here’s our list of the top 5 property management firms to help you get started.

Becoming a landlord has never seemed easier. With resources like AirBnB, Craigslist, and Zillow, it seems like it’d be a breeze to find tenants to rent out your property. This is a pretty common thought among newer rental property owners, and can lead to some unpleasant surprises down the road. Read on to learn how to avoid some common pitfalls.

It’s time to say goodbye to your tenant for one reason or another. How do you make sure you give proper notice, avoid legal pitfalls, and protect your profits and property? This short guide gives a rock-solid understanding of the terminology, answers frequent questions, and provides a sample letter template that can help you build your own.

From warranty of habitability, to security deposits, to rent proration, and more - this guide helps you understand your responsibilities as a landlord. Click learn more to discover the five key responsibilities every landlord should know.

From screening tenants, to respecting the laws in your state, to protecting yourself and more - check out these 11 tips for new landlords. Click learn more for an overview of a few essential items you should know before taking on your first tenant.

Umbrella insurance provides extra coverage in addition to what's covered by landlord’s insurance. For example, if a tenant has a party and one of their guests slips and falls, they could sue you. For this example, let’s say they win a $700,000 judgment against you. If your landlord insurance only covers $500,000, you’ll have to pay $200,000 out of your own pocket. Umbrella insurance covers the extra $200,000 not covered by your landlord policy.

When it comes to selecting the right type of insurance for your needs, you need to know what is covered and what these policies do not cover. The only way to know that for sure is to read the terms and conditions of the policy you are selecting. This can vary from one policy and one insurer to the next.

What does landlord insurance cover, and how much does landlord insurance cost? This comprehensive FAQ guide has all the answers you need.

Learn about Debt Service Coverage Ratio (DSCR) loans and how this financial ratio is used by lenders to assess a borrower's ability to repay a rental property loan. Understand the importance of DSCR and what to do if you don't qualify for a DSCR loan.

When it comes to selecting the right type of insurance for your needs, you need to know what is covered and what these policies do not cover. The only way to know that for sure is to read the terms and conditions of the policy you are selecting. This can vary from one policy and one insurer to the next.

Airbnb insurance is automatic protection for those that rent their property through Airbnb. Of course, it doesn't offer the same level of coverage as a short-term rental insurance policy, but it's still an adequate measure for those that can't afford it.

If you are renting out your home for short stays and vacations, then yes, you need vacation rental property insurance.

Anyone who rents their dwelling for a short-term - such as an Airbnb, vacation rental, etc. - should have short-term rental insurance.