George J Anderson Jr
In the middle of a divorce. Stuck and seeing deals daily
10 December 2018 | 5 replies
All cash flow but don’t know how I can get these under my umbrella.
Peter Hynes
New Real Estate Investors - What Entity?
14 December 2018 | 13 replies
The Series LLC structure allows the creation of separate entities, or individual series, under the umbrella of the Series LLC.
David Bergmann
BRRBNB - A Winning Strategy!
12 January 2021 | 15 replies
The way we've structured the ownership, we personally own the property (we have a personal umbrella policy), and lease the entire property to our business for $1500, which then subleases it.
Michael Craig
Is $500,000.00 in Personal Liability Addequate for Owner Occ MFR?
19 November 2018 | 4 replies
As your assets increase you may want to get a personal umbrella policy (PUP) to cover any additional liability.
Olu Owasanoye
Multi-Unit First Time Buyer Live and Rent... Set Up LLC or Not?
30 November 2018 | 11 replies
One mistake can be forgiven the second never will be.Your vehicles and other assets can be held in personal property trusts etc.Just remember to buy plenty of liability insurance and both personal and commercial umbrella policies.If it ever gets to court your tax returns will be subpoenaed and subject to asset disclosure.So if the business entity operates the business and does not OWN anything because land trusts own every piece of real estate it creates another barrier to asset seizure.
Kristi Kandel
lenders who vest LLC at 20-25% down for non owner occupied 4plex
11 September 2020 | 19 replies
So even though I have business and property insurance, I still keep a 5 mil personal umbrella.....
Mike Van Arsdale
Long Term Buy & Hold Portfolio Strategies
14 October 2018 | 9 replies
Since this property is currently in our personal names (not our LLC) we've been paying for a $1 million dollar umbrella policy for about 5 years now to help in any situation that may occur with the house and ourselves personally, so perhaps I shouldn't be so worried about the equity build up in that property... it's probably unfounded.
Jeff Piscioniere
LLC logistics as created as a partnership
20 October 2018 | 14 replies
You better have also umbrella insurance.
Mike Hoefling
Considering a Marijuana Rental, What are rents?
17 October 2018 | 23 replies
make sure you have all liability covered under an insurance umbrella
Michael Elfant
General Contractor Insurance Policy?
16 October 2018 | 4 replies
@Michael ElfantBuilder’s risk covers damage to the unit being constructed (property)General liability is more like umbrella coverage.