![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1236944/small_1700592431-avatar-dj_vsflorida.jpg?twic=v1/output=image&v=2)
6 December 2024 | 5 replies
Whether it's buying the first property, remodeling, renting, or selling it slows you down and eliminates impulse decisions.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2839306/small_1694993374-avatar-carlr108.jpg?twic=v1/output=image&v=2)
16 December 2024 | 17 replies
You have taxes and insurance so that pulls another $100 per month- so you clear $600 per month.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3155302/small_1733781423-avatar-robd178.jpg?twic=v1/output=image&v=2)
9 December 2024 | 1 reply
There is title insurance issued at the time of purchase, so we don't want to invalidate that.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2966323/small_1709747578-avatar-patriciav45.jpg?twic=v1/output=image&v=2)
2 December 2024 | 13 replies
Licensed and Insured, of course.
27 November 2024 | 4 replies
I’m a Colorado commercial insurance broker and have a lot of carriers available in my agency.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3049912/small_1733601511-avatar-sethr125.jpg?twic=v1/output=image&v=2)
7 December 2024 | 1 reply
How much are you qualified to borrow and what will your monthly costs be for mortgage, insurance, taxes???
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2757906/small_1737332658-avatar-monisha4.jpg?twic=v1/output=image&v=2)
11 December 2024 | 5 replies
And you avoid things like damaged properties (guest insurance from airbnb or prop manager themselves cover that), evictions, collections, etc.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/95086/small_1667003301-avatar-striver1.jpg?twic=v1/output=image&v=2)
7 December 2024 | 1 reply
If your insurance coverage isn't enough, they could seize the LLC assets, but not your personal assets.Additional thoughts:1.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2834763/small_1694740280-avatar-geraldw73.jpg?twic=v1/output=image&v=2)
1 December 2024 | 3 replies
I want to be sure you are thinking this through, considering all angles, and making an informed, wise decision.
10 December 2024 | 2 replies
You can try to go after their renters insurance, but since you don't have proof, you're probably not going to get anywhere.