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Results (7,994+)
Lindsay Broome Can I rent out a single family home as a duplex?
18 January 2018 | 5 replies
Regardless of how you do it @Lindsay Broome, if the house is in your personal name, I suggest obtaining an Umbrella Insurance Policy to cover your personal assets. 
Reinhard Kurzen Personal Umbrella Policy and an Apartment in an LLC?
20 November 2019 | 3 replies
I have all of my other 6 units insured separately but also added to a personal umbrella policy.
Greg R. Housing crash deniers ???
14 January 2023 | 2904 replies
U.S. has been a stabilizing force in many ways but unfortunately it's like there has been a height limit to who get's included under that umbrella of protection, nations who don't reach it, well, it's been business of blood as normal. 
Matthew Masoud Ask Me Anything Mid-Term edition.
16 August 2023 | 60 replies
There are a couple great podcast episodes on asset protection, the main show ep. 595, and BP Rookie ep. 105 & 106, that give a ton of great information on what LLC's can and can't do for you.For me, I personally use an umbrella policy for my protection but did setup an LLC immediately more so for financing later on down the road.
Allen L. LLC owning other LLCs bank account best practice
14 July 2021 | 31 replies
I found in the 15+ years of doing RE that a simple strategy for anyone starting out or those who still have mortgages on properties to get good insurance with umbrella policies.
Kevin Brinkmann Structuring your Individual 401K and SDIRA to invest in Notes
27 January 2017 | 26 replies
The plan itself provides you the checkbook control necessary to effectively invest in notes.You could choose to form a LLC under the umbrella of a 401(k) as a means of creating asset segregation, but since notes generate very little in the way of liability, that is probably not necessary.  
Kevin Wilson First BRRRR (well almost) by the numbers
18 June 2020 | 53 replies
I have an umbrella policy for the liability and figure once I push past 3-4 properties I may begin to establish LLCs.
Jonathan G. LLC or Umbrella Policy, HELP!
26 January 2015 | 7 replies
At that point, your net worth is greater than most umbrella insurance policy coverage limits.  
Sukhwant Kaur When is the right time to have an LLC
30 December 2016 | 9 replies
However I did get umbrella policy on top of the regular insurance for each building.
Sara C. Home has sat on the market for months
24 December 2022 | 25 replies
There is vacancy (you have too much experience with this), maintenance/cap ex, PM (even if self managing you deserve compensation for this task), miscellaneous (portion of accountant, tax nan, office expenses, umbrella policy and/or LLC, etc).