. - Many of the Renter's Insurance policies do offer limited damage protection to owner, so it may be a good business decision for an owner to pay while tenant being evicted.Property managers CANNOT get liability insurance on a property they have no ownership interest in.

What are you protecting your property from?

.✅ Plumbing – Detect leaks or hidden damage before they escalate into major expenses.A small investment in a home inspection can save you thousands in unexpected repairs and help protect your bottom line.Do you get a property inspected before making an investment decision?

Since I am strictly W-2, would it be smart to consider getting my LLC in order to protect my future investment properties, and while also reaping the tax benefits of having an LLC?""

I purchased a 3 family in Newark NJ in March of this year, and am curious about looking into this form of insurance as a way to further protect myself. 

My business partner owns a roofing company but has weak credit and more limited cash flow.An LLC is a common choice for partnerships since it protects personal assets and simplifies tax management.

@Desiree Board For your mix of long-term rentals (LTRs), short-term rentals (STRs), and house flipping, an LLC is ideal for liability protection and pass-through taxation.

Yes I have good policies and multiple umbrellas but that does not protect me here.   

To protect his investment, we agree to a multi-year contract.

@Fabriel EbelConverting a multifamily apartment into condominiums in Beverly Hills is a detailed process that requires navigating city regulations and tenant protections.