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 […]
Greater Cleveland has many older apartment buildings however many of them still have fuses. Fuses were the norm prior to circuit breakers being installed in new construction to help wires from overheating and causing electrical fires. Fuses still work well when properly sized, however, in very old fuse boxes or overtime, the wrong amperage fuse […]
Apartment owners throughout Northeast Ohio may be in for a surprise when they open their insurance renewals this year! Several factors have come together that are affecting this class of business, and policyholders may see 15-20 percent increases this year. Some issues that are affecting Northeast Ohio directly are caused by the older stock of […]
As the owner of an apartment building in Northeast Ohio you want a well built, solid building. As local insurance agents we want to build a solid property and liability insurance program for you. read more A well put together insurance program consists of several components just like your building. The insurance policy should include […]
Be aware of what? A huge liability exposure for you as the owner of residential rental properties and apartments in Greater Cleveland. Be aware of carbon monoxide – the odorless, colorless gas that is produced any time fossil fuel is burned. Gas ranges, ovens, furnaces and boilers are some of the sources that can produce […]
As the owner of an apartment building in Northeast Ohio, you want a well built, solid building. As local insurance agents, we want to build a solid property and liability insurance program for you. As the owner of an apartment building in Northeast Ohio, you want a well built, solid building. As local insurance agents, […]
Basic insurance topics for a Landlord were addressed a few weeks ago in my blog “Crafting a Solid Insurance Program for Owners of Apartment Buildings.” A new semester is starting (read more) The previous blog addressed property insurance including business income, general liability insurance, equipment breakdown, crime insurance and auto insurance. However, the owner of […]
