Cameron C.
Establishing a proper portfolio structure
18 August 2016 | 7 replies
Using separate LLCs will be an admin and logistical night mare, insurance costs will be higher as liability coverage becomes limited to one property rather than spread over all properties as an umbrella.
Santosh Prabakar
Pros and cons of LLC
23 January 2023 | 5 replies
Cons - if you are transferring from self to LLC and have mortgage in your name speak to an attorney and see if that is considered commingling and does nothing for asset protectionIf it’s multifamily recommend LLC single family can be in name and get umbrella policy
Justin B.
Entity? Needed or not
17 December 2013 | 7 replies
I was taken aback a little bit when the first 2 replies were that I didn't even need an LLC, just a good umbrella policy.
Shannon Curtis
Currently Reviewing Insurance Policies - Umbrella Policy?
15 June 2020 | 12 replies
What is everyones thoughts on umbrella coverage?
Frank Jiang
Prepare to rent the first time in a week !!!
23 July 2013 | 3 replies
Perhaps even an "umbrella policy."
Kelly Conrad
Re-titling from personal to LLC, who's done it?
14 April 2021 | 16 replies
I have posted on this multiple times, but there are negatives to owning a rental in an LLC and they may outweigh the positives provided you have proper insurance including an umbrella policy.
Ciera Calhoun
Lifestyles Unlimited of Texas
2 June 2023 | 161 replies
I did not want to through everyone under the bus under the umbrella of Lifestyles Unlimited inc.
Jonathan G.
Insurance questions and actual quote
13 August 2014 | 1 reply
We will of course extend liability from our personal home and get an umbrella.
Ann Nguyen
Need umbrella insurance for 4-plex?
3 December 2019 | 2 replies
Do I also need to buy umbrella insurance for the place?
Nico Fricchione
Lease guaranty with multi-unit franchisee
30 March 2017 | 1 reply
Sometimes the franchisee will have an umbrella entity that holds under it all of their other individual store entities.