Michael Pilarski
Just starting out... how do you handle spouses fears?
24 June 2013 | 60 replies
Read through them before you waste money establishing LLC as I did that back in 2008 as that was the better way previously, but then everything got screwy and no one would lend to a new LLC , then found out couldn't transfer property we bought to the LLC, anyway, without due-on-sale issues and pass-through liability, anyway, so we actually got rid of the LLC and just got higher coverage and an umbrella policy and not happy that we wasted the money on the lawyer who didn't tell us all this until after he established the LLC.
Rob K.
What happened to Carlton Sheets?
17 November 2021 | 105 replies
Real estate is not finance, but real estate falls under the finance umbrella.
Andrew Millard
Asset protection...does it even matter?
18 April 2018 | 61 replies
The question of LLC umbrella insurance vs. personal umbrella insurance is one I recently became aware of.
Eduardo Aguilo
RE investor friendly banks
10 July 2016 | 6 replies
In addition to the trust, they will simply protect their assets by getting an umbrella insurance policy.
Paigow Chan
Insurance policy
7 February 2011 | 4 replies
After reading the good old thread (LLC vs Umbrella Insurance), went ahead to buy the umbrella insurance policy for now.
Beverly Buella
Direct mail service for RE investors
10 July 2013 | 7 replies
Direct mail is an umbrella term for a set of services that include the definition of your target markets, your messages for each target (absentee, owner with equity, etc.), the graphic design (appearance) of your marketing piece (card, letter. etc.), the procurement of your mailing list(s), the printing of your pieces, the addressing & postage, and mailing.No wonder you want to take a long nap if you try to do all that yourself!
Sam Sagor
If you had to pick three investing books to take with you on a desert island ...
26 February 2013 | 25 replies
But the effects of the ocean breeze combined with possibly too many of those drinks with umbrellas make my eyes tired and heavy, so I must put the books aside to rest up for the next book.
Warren L.
Investing using a Trust
14 January 2014 | 4 replies
Trusts are very useful in a number of situations, especially if you are doing creative deals.As I said, not worth bothering with on your first deal or three, and I took a beating in '07 so dont have nearly the layers I did when I had 8 figures worth of stuff, but for the life of me I dont know why anyone experienced would hold any real estate in their own name with how easy it is not to, no matter how much insurance you had.I put insurance companies right behind the government and banks on people I dont like to deal with...some are better than others, and I usually make out like a bandit on claims because of how much they pay and cheap I can do the work, but I still dont want my entire net worth dependent on if some $40k/yr desk jockey approves a claim on my umbrella policy.
Patrick Dundon
Umbrella policy after 4th rental property.
20 August 2017 | 6 replies
Do you think that coupled with an umbrella is sufficient protection?
Alex McGhee
Let's talk about septic tanks, leach fields, sewer, etc!
10 June 2018 | 11 replies
these systems are governed by big state umbrella then county specific rules.. you need to drill down to the county the property is at and then talk to those that govern this.. its all very very different from county to county.