Rabi Ruddy
Protecting Rental Properties
26 August 2020 | 6 replies
You can also purchase an umbrella.
Bob Lett
First time STR, Tax and LLC questions
26 August 2020 | 3 replies
-When it comes to insurance, since it will not be under an an LLC, what are ways we can protect ourselves and is an umbrella policy going to cover us say if someone gets hurt/drowns(worst case scenario)-can we move it into an LLC down the road?
Sam Johnson
All liability on an Umbrella, or per property
25 August 2020 | 7 replies
Umbrella policies are as a rule written to be excess of primary policies.
Jimmy Chao
Any way to avoid CA LLC franchise fee?
30 August 2020 | 4 replies
I put an umbrella insurance policy on all my properties so I could avoid the LLC.
Zach Scott
Abestos in a rental property buy or walk away ?
1 September 2020 | 7 replies
If you get an LLC set up the correct way that should help, but also ensure you have umbrella insurance to cover yourself.
Kyle Robarts
Question about 30 year terms and LLC purchases
1 September 2020 | 12 replies
This is why I would suggest getting a umbrella policy for the unforeseen.
Alex Smith
Lenders for BRRRR's and getting over the 50% Debt to Income.
8 September 2020 | 6 replies
If you're worried about getting sued, get an umbrella liability policy to cover you for a couple million dollars.
Tim Coakley
Trouble Finding Out Of State Refinancing, Wisconsin
4 September 2020 | 5 replies
You live OOS anyway, you have your property insurance, get a one million dollar umbrella, they are so cheap - beyond that, what actual "risks" on a single family rental are you concerned about an LLC would protect you from?
Jessica Sultani
Is forming an LLC necessary
2 September 2020 | 11 replies
For asset protection, I got a $3 million personal umbrella liability insurance policy.
Kamran Rahman
Converting house hacked rental into a proper rental
21 October 2020 | 17 replies
Many BP investors just hold Title in their personal names and use insurance with an umbrella policy.Read around BP...Good luck.