Here is my situation: hail damage and upcoming claim for 20k of repairs on a rental home. Insurance policy is a commercial policy under my LLC. When the insurance company issues the check it will have the LLC name an...
Hi!We are looking at buying our second SF buy and hold rental property and have come across an electrical panel we haven’t seen before. My questions are... what is it? Does this mean the whole house would have to be ...
I am trying to figure out if i need further umbrella insurance. my insurance with nreig already has 1mm liability per property on coverage. I have 10 rental homes now. I got quotes from nreig for additional umbrella i...
Has anyone switched over to SeriesLLC? If so, how has it worked out for you? Is there any case law on SLLC? I'm getting big enough where I will need to start separating assets. I'm in Arkansas and there is no case law...
Has anyone had experience with buying a property in a LLC and then refinanced that property into your personal name to get better rates. I wonder if it had been done can be done?
Hi BP teamI just bought my first out-of-state Property, a 14 Apartment complex in Columbus Ohio which we intend to set up and manage from Michigan. (sound easy inside my head)I am about to settle early October and wou...
I'm researching coverage and the last thing I need is someone getting an injury on an STR. So I want to be as bulletproof as possible.If you want to protect yourself in case a renter gets hurt on your property, is a b...
Hey guys just switched away from concord to DocuSign to improve ease of use and compatibility with more devices. Concord kept track of contract dates and could be configured to send reminders. DocuSign doesn't seem to...
Hey BP - What are some practical reasons a seller would be exempt from disclosing certain info about the property? Some context from the listing that sparked my curiosity: "Home MUST be on the market for 5 days before...
Hi, I have a rental property that is under my family limited partnership but the insurance is under my personal name. Do I need to switch the insurance under the FLP name as well? Can I put an additional name under...