A Property Manager’s Safety Net From Uninsured Residents

What can you do if a renter cancels his/her policy or fails to renew it — leaving you with little resourse to repair resident-inflicted property damage? Here’s your safety net: A supplemental insurance program allows the property management company to put insurance in place for a unit as protection from losses due to resident negligence when a renter has not met the insurance requirement in the lease agreement. Read more at Property Management Insider online.

HFO Investment Real Estate specializes in multifamily brokerage sales and advisory services for commercial real estate investors and apartment owners throughout Oregon and Washington. Build your legacy at http://www.hfore.com