Investment Property Insurance
A Shout Out for CLE
Read about potential upsides of Cleveland, OH, for investment property owners. Discover features of Cleveland, OH, that suggest opportunity for residential rental investment property owners. Cleveland, Ohio is one of the most affordable urban housing markets in the country, including demand for renter-occupied units. This is good news for residential real estate investment property owners.…
Read MoreMy Building is Looking Outdated is EIFS the Answer
You have invested hundreds of thousands of dollars into your commercial property but the building has no street appeal is EIFS the answer, or a nightmare waiting to happen. Exterior Insulation and Finish Systems (EIFS) is a non-load bearing wall cladding system made up of insulation board attached to a substrate, air and water resistive…
Read MoreWhat You Need to Know Before You Purchase Your First Apartment Building
Insurance is more than a box to check for owners of apartments, condos, and rental properties, it’s a critical safeguard against real financial and legal risks. Property damage, tenant safety, and rising legal liability make commercial habitational properties some of the most complex to insure. To get it right, owners need coverage that reflects their unique…
Read More9 Tips for getting your rental properties ready for an enjoyable Summer in Greater Cleveland.
Today people rent for many reasons and renting is looked at differently than it was in the past. So, it is imperative that as the owner of residential rental properties your properties are ready for summer so your tenants can enjoy their Cleveland summer inside and outside. Below is a list of 9 items you…
Read MoreCall of the Drones
Learn why insurance companies employ drones to assess and inspect property. Read why two investment property insureds recently received notices of non-renewal. Drone usage in the insurance industry is not new, but it is getting up close to more and more insureds, including those located in Ohio. While widespread loss assessment was an early application…
Read MoreIs the Time Right to Purchase an Apartment Building?
Is this the time to jump into the commercial real estate market and purchase an apartment building in Greater Cleveland? While real estate prices in Cleveland remain fairly affordable there are signs that 2025 may see price increases faster than the national average. For investors many markets have priced themselves out of range for new…
Read MoreI’m Bullish on Ohio
Discover statistics worth consideration by Ohio investment property owners. Read a few highlights about Ohio that are favorable for investment property owners. Cleveland, Ohio is home to me. Sure, it gets old rooting for the Browns, dodging potholes, and navigating ice and snow. Those are minor downsides compared to the upsides. While I’m no “expert”,…
Read MoreBack to School, the Basics of Insuring your Investment Property
As a commercial property owner, safeguarding your investment is paramount. Real estate insurance provides the essential coverage to protect your property from unforeseen risks businesses face, which can encompass property damage, liability, business interruption, and specialized coverages like equipment breakdown. The scope of real estate insurance is broader than most personal insurance because businesses often…
Read MoreWhy Are the Values of My Buildings Going up Faster Than Inflation?
Over the last 18 months I have heard time and time again that the increase in my apartment, strip center or office building’s value(s) is/are being increased too much. These unverified statements can create issues at renewal if they are not addressed beforehand. What is driving higher than normal building value increases? A number of…
Read MoreSomewhere Under A Roof
Read five basic risk factors involving residential rental investment property. Learn that residential rental investment property is a long-term investment. You gotta live somewhere. For most working people, the choice of where to live is determined by where the job is, followed by a decision to rent or own. While home ownership remains core to…
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