Ryan Logue
Umbrella insurance -- how much?
My wife and I are curious how much umbrella insurance we should be carrying in the below scenario. We are relatively new to the real estate investing business, have two properties, both sole-proprietor owned (no LLC) ...
Lucky B.
Is a LLC really beneficial for the small guy ?
First thing that will come to your mind, protection against a lawsuit. Well how about a judge piercing your corporate veil to tap into your assets if he or she wants to. I am asking this question because the LLC in th...
Josh Koett
Life Insurance- Return on Premium (ROP)
Hello BP Community, I took out a 30 Year Term, $100,000 policy with AAA Life Insurance. Right now I'm paying $36 a month. Presently I'm single, no kids and took out this policy at 31 years old and I've had it for a...
Spencer Cuello
Quitclaiming a property
Hello BiggerPockets community!As a first time investor, it has been near impossible to get a DSCR loan so I have been looking to conventional financing. I want to quitclaim the property into my LLC and my lender and I...
Ryan Planchon
Asset Protection - What reasources can you recomend to research?
Found lots of posts about “Should I create and LLC? Yes! No! Get Insurance! Go watch dancing with the stars! But where can you find materials for asset protection research?
1. I read this book: Your Best Busi...
Zac Willis
Tips on closing cash deals on FSBO
My wife and I have decided to purchase our first rental property. We are purchasing a property from a family member for a nice cash deal. For the sake of discussion let's say it's not a family member, but a regular ...
Rob Bianco
How much insurance is too much?
My insurance broker and I are not seeing eye-to-eye lately. I own about 15 duplexes and I've always felt like I paid a little too much on insurance because I always paid more than anyone else I knew. I never really th...
G. L.
LLC releases liablity?
When you hold a property in a LLC, does it release your private liability for everything?
Also when you don't pay your note?
Also when you mismanage your LLC?
Where can I verify this information?
Thank you so much ...
Kwame Knights
Using Wholesalers title company
Good morning BP,
I'm looking to acquire good cash flowing rental property in the DMV area and have a few leads from wholesalers. A common theme i'm noticing is that they are requiring that i use their title company. ...
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Chaz thread
REI:
I talked to a very successful investor/CPA who told me to forget about LLCs and instead set up a Fictitious name(also known as Doing/Business/As), which is less expensive, a lot less paper work at tax time, and ...