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This https://www.facebook.com/photo.php?fbid=10205796218494609&set=pcb.10205796221654688&type=1&theater

Serious?? :confused: I guess any debt which leaves you out of pocket could be deemed serious.

Once bitten twice shy i once heard someone tell me.I am guessing here you have never had a home trashed or dodgy tenants rake up huge debts in your name.

My Terri Scheer one was $295,thats why i went back to EBM

I just rang up and did it that way,we do have existing properties with them,but they didnt mention any discount :confused:

ebm...............................

Of this amount,around $3,000 was tenant default from memory,which was fair coin in 2004.

Exactly my point on insuring.I thought like you once, 1 bad tenant with defaults and massive property damage raked up a $18,000 bill.

For the sake of $255 per year versus the potential bill of who knows what,but many many thousands of dollars(and i have been there) i see it as a small cost of doing business.

I am curious what % of investors insure their properties against Tenant defaults.