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18 August 2019 | 1 reply
I know of several people that have an umbrella policy on each property instead of putting in an LLC.
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26 August 2019 | 4 replies
I have umbrella insurance by Geico.
24 August 2019 | 0 replies
At this point in time, to give y’all an idea of what I’m doing(I’m from Texas), I’m wholesaling, have a dialer in place qualifying leads, I follow up, I’m in the process of creating an LLC just for basic RE income(operating company), and I’ll expand into either a parent LLC or S-Corp with underlying LLC’s with land trusts that have properties in each of them, along with a lush umbrella policy.
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24 August 2019 | 2 replies
I have been reading some forum posts that lenders would not give a loan to LLC and some people are recommending buying rental properties under own name and getting umbrella insurance.
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27 August 2019 | 2 replies
Just get a umbrella policy and rent your house.
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20 September 2019 | 17 replies
I will probably end up getting some kind of umbrella policy at some point to be better protected.
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28 August 2019 | 1 reply
And also and most importantly- I'm not an attorney, you guys should talk to one and or get a good umbrella policy.
31 August 2019 | 4 replies
Umbrella Insurance is a good option when starting out.
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25 July 2019 | 7 replies
You’d be better off getting a $1 mil umbrella insurance policy than paying an attorney to set up an LLC for every property.
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3 August 2019 | 18 replies
@Ari BachrachBuy an umbrella.