I’m curious to hear from private real estate investors who’ve faced unexpected insurance claims and were protected by an umbrella insurance policy.We often see discussions whether investors should use an LLC or an umbrella insurance policy.

If I wasn't able to get the cash together, using a private lender would've been a good option.

The reason for this email is that we need to schedule a call with a representative about our direct deposits to our bank account, we keep having the same problem every month.

If discussing with someone in a forum and you all take it to private messages, that's a different story.

All in all it ended up taking just over 2 months to get the plans approved because everything had to be done by email.

(C) As used in this Lease, “Premises” means that certain private dwelling residence situated in ________________________________________ County, Minnesota and having an address of ____________________________________________________________________________________.

If private companies continue to provide the insurance, I suspect we will see further increased premium costs which will need to be reflected in the rents tenants pay (all tenants: LTR, MTR, STR).  

(I've contacted you via email multiple times and I have not received a reply as of yet either.)Here is the pro forma given to me when looking at investing:There are several problems with this. 

Coos Bay - The main delay with application in this area is whether the property is on public utilities or has a septic system and private or public water source.

And as far as legal—an attorney becomes essential once you're ready to finalize terms with either an HML or private lender to make sure everything’s secure.Hope this helps!