In order to make the decision on whether to get a renters insurance policy, it is important to know what’s covered, the three types of coverages typically available, and what to watch out for when purchasing your own policy. Please note that each insurance company has different exclusions and coverage limits. Problems and frustrations can arise down the road if you don’t fully understand what’s included and excluded in your policy. There are three essential types of coverage: 1) Personal…
Tag: safety
Breaking the Slumlord Cycle When You’re Investing in NYC
It’s no secret. Slumlords do exist. In fact, every year, the Public Advocate’s Office releases a Landlord Watch List which features the worst landlords of NYC, not exactly a credential you’ll be adding to your resumé. Though properties owned by slumlords should always be avoided by potential tenants, there does lie an attractive quality from a business perspective. Sites like GoHomeNY can help both renters and investors discover what people are saying about properties they are interested in. Given the right investor, you…