Michael McConlogue
How much should Insurance cost for rental units?
I have single family and Duplexes and I have been shopping around and I am surprised and the differences in price and coverage. Just wondering what the BP community thinks as far as coverage and cost? policy #1 $3496 ...
Ian Livaich
Setting up LLCs Before Getting Started -- Operating AND holding?
Hello everyone,I am searching for my first buy & hold investment. I am starting to think that it is in my best interest to set up an LLC to protect my assets and insulate a property from some degree of liability....
Jenn Kinchen
feeling stuck: umbrella insurance
Hi Bigger Pockets investors-. I've been looking into getting umbrella insurance for some time now for extra protection as I have multiple renters living both in my primary home and rental property. I'm running into a...
Samantha Weitzel
Insurance for multifamily units
Hello all,We are in escrow for our first multi unit. Other than normal liability is there additional insurance or maybe umbrella policies for the property that you would recommend?Thanks in AdvanceSamantha
Yaron Horsky
More then one property
Hello all,I'm in the middle of a contract for my second property, and I have some questions about insurance. 1. How do you select your insurance policy? Do you ask for number of quotes and compare? 2. When you have mo...
Robert O'Brien
Newbie in Nashville looking for advice
Hi all,My wife and I have been wanting to get in to real estate for a while, and we're finally in the process of purchasing our second property! We're planning on moving in to this second property and renting out the ...
Chris H.
Umbrella Insurance without Auto
I'm considering moving to a bigger city where I plan to sell my car and use public transit as my main source of transportation. I have 1 house in Michigan with an umbrella policy over my rental property and my car. I ...
Zaid Badabwan
Umbrella and liability insurance
I have 4 rental properties and have 2 separate liability insurance policies. I would like to know1. Difference between umbrella and liability insurance.2. Do I have to buy liability or umbrella insurance for each prop...
Tanzim Seraj
Bought an Owner Occupied 3 Unit Under My Name Instead of LLC
Bought my first ever house witch is an owner occupied 3 unit multifamily house. A couple concerns, the house is from 1814 and I have some concerns of repairs down the line. Also, a concern about the being a liability ...
Shane Baganz
Umbrella for personal as well my LLC?
Hi everyone,I am searching for an umbrella that covers my assets. I have two nice sized properties under an LLC. An insurance company told me I needed two Umbrella policies, one for the LLC and the other for my pers...