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21 November 2024 | 305 replies
Find the right insurance from the beginning and you won't have to worry about them canceling a policy.
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16 November 2024 | 6 replies
As far as I understand insurance protects you from different things.. and yes, we are definitely getting good insurance (umbrella policy for just one property?)
19 November 2024 | 10 replies
First of all I put my acceptance criteria clearly in the ad: minimum credit score (enter X amount, 620 is what I use),income 2-3x rent, good rental history, references, no evictions, acceptance dependent upon background check and employment verification, pet policy, desired lease term, etc. so that people will hopefully read that and not come to the open house if they know they won’t qualify.
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19 November 2024 | 9 replies
In that case, you'll strongly want to consider what putting personal-use property inside of an otherwise business-use LLC would do to the liability shield, as well as insurance and tax reporting.There are several considerations that can go into the analysis of whether you need an LLC or whether a large insurance policy will suffice.
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18 November 2024 | 9 replies
If you’re scaling or exposed doing BRRR or flips you might get a cheap term life policy.
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16 November 2024 | 3 replies
Umbrella insurance policies can add an extra layer of protection across your portfolio.
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16 November 2024 | 24 replies
An "owner's title policy" is purchased (typically) by the seller for benefit of the buyer.
12 November 2024 | 4 replies
Hi BiggerPockets Family,I am looking to insure a triplex that I own in Philadelphia which is under my LLC. Does anyone have any recommendations?
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16 November 2024 | 2 replies
I understand that the county is in process of revising policy, but a couple of questions.
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16 November 2024 | 3 replies
This is something you do on your own units policy.