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All Forum Posts by: Adam Benenati

Adam Benenati has started 10 posts and replied 31 times.

Post: American Rescue Plan Act and payments

Adam BenenatiPosted
  • Real Estate Agent
  • Lake St. Louis MO
  • Posts 31
  • Votes 11

BP,

How will this new act affect collecting rent from tenants? I saw an article that claimed to exclude payments for rent. Is it only for goods and services?

Can someone shed some light on this topic?

Thank you!

Post: Duplex insurance & LLC

Adam BenenatiPosted
  • Real Estate Agent
  • Lake St. Louis MO
  • Posts 31
  • Votes 11

The link did not post correctly. It is episode #67 of the Millennial Millionaire Through Real Estate.

Post: Duplex insurance & LLC

Adam BenenatiPosted
  • Real Estate Agent
  • Lake St. Louis MO
  • Posts 31
  • Votes 11

This YouTube video with @Jason Bott really helps if you are new to investing and not sure about insurance coverage vs LLC.

https://youtu.be/bg6SbK_t3l0

Post: Cash Flow? or Appreciation?

Adam BenenatiPosted
  • Real Estate Agent
  • Lake St. Louis MO
  • Posts 31
  • Votes 11

@Matt Dickens

You bring up a great point. I know a couple investors who do the same thing.

Thanks for sharing your ideas.

Post: Duplex insurance & LLC

Adam BenenatiPosted
  • Real Estate Agent
  • Lake St. Louis MO
  • Posts 31
  • Votes 11

@Casey Caton

Thanks Casey. Getting three quotes is a great idea. I’ve had two so far and might as well get another.

Post: Duplex insurance & LLC

Adam BenenatiPosted
  • Real Estate Agent
  • Lake St. Louis MO
  • Posts 31
  • Votes 11

@Jason Bott

This makes a lot of sense. Thanks for sharing! I will check on that.

Post: Duplex insurance & LLC

Adam BenenatiPosted
  • Real Estate Agent
  • Lake St. Louis MO
  • Posts 31
  • Votes 11

@Timothy Boyd

Tim I appreciate the reply. Hopefully we can both find some good insurance.

Post: Duplex insurance & LLC

Adam BenenatiPosted
  • Real Estate Agent
  • Lake St. Louis MO
  • Posts 31
  • Votes 11

@Cameron Moore

Thanks for the advice. I think I will try and see how much cheaper that will be.

Post: Duplex insurance & LLC

Adam BenenatiPosted
  • Real Estate Agent
  • Lake St. Louis MO
  • Posts 31
  • Votes 11

Hey guys,

I am shopping around for insurance on a small duplex. So far they seem to be pretty high. What coverage do you suggest getting?

I have thought about transferring the property to my LLC then getting cheaper insurance.

Thoughts?

Thank you!!

Post: Real Estate Lawyer (St. Louis)

Adam BenenatiPosted
  • Real Estate Agent
  • Lake St. Louis MO
  • Posts 31
  • Votes 11

@David McClure

I used a guy close to me in St. Charles. DM me and I’ll give you his name.