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Updated over 10 years ago on . Most recent reply

Alex Silang's profile image
Alex Silang's profile image
Alex Silang
  • Real Estate Professional
  • from Las Vegas, Nevada
  • Member since Oct 28, 2013
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217
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Alex Silang's profile image
Alex Silang's profile image
Alex Silang
  • Real Estate Professional
  • from Las Vegas, Nevada
  • Member since Oct 28, 2013
Connect
Alex Silang
  • Real Estate Professional
  • Las Vegas, NV
63
Votes |
217
Posts
Starting Out

No LLC + Insurance (liability + umbrella)

Alex Silang
  • Real Estate Professional
  • Las Vegas, NV
Posted

I decided against an LLC for now, due to several posts on this forum and this article. Mainly because from my understanding you have to be a bit sketchy about it (banks hate it):

http://www.biggerpockets.com/renewsblog/2013/08/17...

Right now I will have $1mil liability insurance on my property. Is it worth it to get umbrella as well? This might be a bit  tricky for me because I live with my parents and most providers require the primary residence to be insured through them.

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