Below I have listed my coverage and insurance premium.Coverage A - Building(s) $454,000Coverage B - Business Personal Property $20,000Coverage C- Loss of Income - 12 Months [actual loss sustained]Coverage L - Business Liability - Per Occurrence $500,000Coverage L - Business Liability - Annual Aggregate $1,000,000Coverage M - Medical Expenses $5000Premium - $2,100Ask:1.

A tenant who is well into the eviction process offered me part of the cash and to hold his four wheeler or car until rent is completely caught up.My wife says there is too much liability in doing this, but I am considering it.

Fresh and Easy's parent corp has an investment grade, but limit liability this way.  

Once the loan re-finances to a non-recourse perm loan, then he would want to drop my interest to 10% as compensation for doing the construction loan (as I would have no liability at that point going forward).  

I called him and met him at the property and showed him all the issues that were huge liabilities to his father's financial health - missing railings on stairs, loose railings on the 2nd floor, a vacant unit with an unlocked front door, homeless people living in 2 of the garages, major cockroach infestation in one of the units, a hole in the wall between one unit and the laundry room, a neighbor dumping trash over the wall onto that early mentioned vacant unit's balcony.

@Randy DulacI would open a seperate IRA for real estate because of the liability associated with real estate for asset protection reasons and not use the precious metals Ira @Dmitriy Fomichenko answered the "adding money" question right on.

You never gave us numbers The annual premium was $1,570, and at 80% replacement cost insured up to $331k on the property I bought for $190k plus $1 million liability.

They need to usually hold on to all of them because umbrella needs to match up to liability amounts for your other policies so you are properly protected. they cant monitor that if they are with a diff company.When I came to the limits of using Geico/Farmers etc. with their limitations on the number of rentals I could hold, I sought out the top 100 independent insurance broker in my area and used them to get a quote.

Called Business Liability or Landlord Liability depending on if you or flipping or renting.

However, it only protects you from one type of liability: accidents.After that you want to compartmentalize your assets, which is often accomplished through the use of LLCs or corporations.