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24 February 2022 | 14 replies
Have a $500k-$2m liability insurance policy on each property and if really worried, also put them in umbrella policy as well (I did this, I was worried)Liability is lower for “mom and pop” landlord so under 4 doors, statistically lower risk.After 4+ doors, do LLC.At 4+ doors would be hard to argue you aren’t running rental businesses and should have accounting structured as a business as well as gear up liability protection.NEXT QUESTION“Should I put every property in an LLC?”
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8 June 2023 | 25 replies
In my experience, when I paid for a mentorship program, I didn't really learn much more than I knew before starting, but I did get my butt in gear and actually deploy action to make my goals come to action.Additionally, the networking that takes place during these events is very valuable, if used correctly (or at all).