澳洲Australia property Landlord insurance for multi-unit propert
在澳大利亚 I need some advice regarding a property purchase. Property - semi-detached house Bedrooms - 2 Condition - average needs internal reno to modernise Street - one of the best in suburb Location - excellent Close to schools - yes Transport - 50m The pool at of an IP needs to be resurfaced (or so the pool doctor says), the cost was estimated to be $10K ($10,000), after recoverying from my impresssion of a cat coughing up a fur ball, it just seems far too much. Its just a standard poo
If I purchased a property that contains 4 villas on a single title and rent each one out to different tenants, I assume it is sufficient to have one building & content insurance policy to cover the entire property, but will I need 4 separate landlord insurance policies to cover each tenancy?
Yes, and yes, IME.
Thanks for your response. Just a clarification, what is "IME"?
In my experience.