Asset Protection Plan

[Ben Bourgeault]

Hi, I am fairly new to the investor world and I am concerned about asset protection. I use most of my cash flow to pay down the mortgages on the properties but the more equity I have in the house the more I am concerned about protecting that asset.  What is the best way to do this?

[Christopher Brainard]

Originally posted by @Ben Bourgeault:

Hi, I am fairly new to the investor world and I am concerned about asset protection. I use most of my cash flow to pay down the mortgages on the properties but the more equity I have in the house the more I am concerned about protecting that asset.  What is the best way to do this?

I personally have each of my properties in a separate LLC, they all have individual insurance policies, and then I have an umbrella insurance policy to cover anything else.

-Christopher