Insurance & Trusts

[Serge Shnayder]

Hi,

I am new to this forum - but thought I would give it a try - since I've really enjoyed reading lots of the posts on here.

Here is my real estate history:

I own 3 properties around the Boston area. I live in one and rent the other 2. Of the 2 rentals, one is a full time rental and has been for about 8 years and the other is a vacation rental (ski and lake) - which I use for a good portion of the year. 

I am currently looking to rent out my primary residence full time and purchase a 2-family to live in 1 half and rent the other. 

While I have slowly built a bit of a portfolio (part-time), I am very naive when it comes to things insurance, LLC, trust type stuff. While I obviously have basic coverage on all 3 properties, I am concerned that if something happens - I may be at risk personally. But, I really don't know where to begin.

If you were in my position how would you structure the business?

Thank so much,

Serge