Episode Details

You Asked Questions, We Have Answers

Episode 71 Published 2 years, 1 month ago

Description

Occasionally, we like to do a landlord Q&A episode because we get a lot of questions from our listeners and followers that are important for all of us rental property owners to know about.

This week on the podcast we are answering several follow up questions that came up about renters’ insurance. Specifically, can landlords pay for a policy on behalf of the tenant, can landlords REQUIRE tenants hold renter’s insurance, and how do we handle if the tenant takes out a renter’s insurance policy and then cancels it a few months after moving in?

Another question was about what’s better in a rental, gas or electric appliances. And before you go off on how electric is best, listen to what we have to say about tenants’ opinions on gas operated ones.

We were also asked about what mistakes we have made and how we corrected them. That was fun to rehash some pretty major errors in judgement! But we do have really solid solutions on how to overcome and avoid some of those mistakes made.

With the warm weather, landlords are getting asked permission to have a kiddie pool at their rentals. We have some really important points to consider before just saying yes or no to this request.

Lastly, we were asked about the importance of understanding Fair Housing laws as a self-managing landlord. So, we addressed this quickly and confidently, offering very easy solutions on how to handle it.

LINKS

👉 EP67: Renters Insurance: Why Landlords Should Require It

👉 EP29: Part 1, Rental Property Fire Safety Essentials

👉 EP30: Part 2, Rental Property Fire Safety Essentials

👉 Purchase our Periodic Inspection Checklist

👉 Take Courses at the Fair Housing Institute

Use our Discount Code for 15% OFF: YLR 2024

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