I have GL 1M per occurence 100k on rental premises 1M personal and adv injury 2M aggregate, WC 500k/year estimated gross income / 1M per accident, Umbrella 1M / 2M, Auto 1M / 2M, 20k material theft protection at 3 locations,  I'm sure you know we pay for 35% for carpentry and 50% for roofers right?

I'm just not sure if it's beneficial to also have LLC set up in addition to the insurance.You always want to have insurance, regardless of whether you own the property in an LLC or not...In my opinion, the the least cumbersome solution is to get a good umbrella policy with at least $2 million liabililty coverage, put properties you own in your own name under that umbrella, and once you reach the max number of properties allowed under that umbrella, start using LLCs for any properties you acquire beyond that.If you plan to own a lot of properties and use entities, you'll probably need to create and manage multiple LLCs, because putting 20 properties in one LLC is essentially putting all your eggs in one basket and may defeat the purpose of what you're trying to do.

The other alternative is to get a good umbrella insurance policy.I always tell my clients, we worry a lot about lawsuits depleting our funds but pay little attention to TAXES which is guaranteed to deplete your funds EVERY year without proper planning.

I’m refinancing into my personal name but I did get an umbrella insurance policy to add an additional layer of protection.

I have relied on umbrella insurance instead. phil

Call John Booth at Associate Agents in Lakewood - I have been using him for years for everything from car, to umbrella, fix and flips, new construction, etc.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is likely to be higher, then you may consider an umbrella insurance policy.

I'm an investor and went with Keller Williams because of the training, great culture, decent splits, ability to earn 100% of the commission (once you've 'capped'), profit sharing and you can have your own brand under the KW umbrella.

Taking loan on your name and then transferring to your LLC might implement”due on sale clause”.Also remember typically banks don’t like lending to LLC, although yes it’s possible to find you may end up paying higher interest.If you’re concern about Liability I suggest keep Property in your personal name and consider Million dollar Umbrella Policy..

@Jay Cai the recommendation is generally to buy your first couple SFH (or up to 4-unit homes) in your own name and make sure you have landlord insurance + umbrella policy to cover any liability.