Max Amillion
Help! Multi family insurance quotes are crazy high!
I’m new to multi family and looking to purchase 2 buildings on one parcel. Each building is located in Missouri and 9 units so 18 units total. We currently have history and experience in single family home rentals but...
Harutyun Kagoyan
PCB in soil Commercial purchase
Hi peeps. I’m looking to purchase a commercial office building that has been heavily discounted due to pcb in soil. Can I get a commercial loan on such a property? Any one have any experience in cleaning the soil or w...
Chris S.
setting up LLC in Ohio
I have currently set up an LLC for my rental properties that my wife and I own in Ohio. I am setting up the business bank accounts and need the EIN. When I apply for this online with the IRS is it possible in Ohio to ...
Veronica Solomon
Insuring Rental Properties Deeded into LLC's w/ conventional personal loans attached
I have 6 rental properties & have been advised by an attorney group to open 6 separate LLC's . All the deeds will be transferred into the LLC's . This is causing absolute chaos for me now with my insurance compa...
Cheryl C.
Questions on liability issues of using "handymen"
Hello BP Nation! I need some advice. I plan to hire some college kids for general labor on a farm we own. The work will involve use of chainsaws, tractor, ladders, etc. I am worried about what happens if one of th...
Joe L.
Vacant Land Property Insurance
Hello all - I am part of a non-profit organization that owns vacant land in the state of PA. Does anyone have any recommendations on insurance companies who can underwrite something like this? I called the major provi...
Andrew Schwartz
Vacation Rental with Vehicle Rental
Hey everyone,My business partner and I are looking to expand our portfolio with the purchase of a vacation rental. Does anyone have any experience with owning a vacation rental AND providing a vehicle for rent along w...
Gary Xiao
Landlord insurance and umbrella insurance
I am new to rental property investment. I put an offer to buy a duplex in Wisconsin and was accepted. I assume I need to get landlord insurance? I saw online ads about steadily.com for cheap landlord insurance. Anyone...
Martha Daisley
How do you hold your investment properties?
hello all,We are on our third investment property and i was trying to find out how investors with multiple properties protect their assets from liability. Of course theres liability insurance but beyond that, do you k...
Azeez K.
Thoughts on Multi-Family Insurance Coverage (Atlanta)
Dear BP Members
Current Situation: Own a multi-family (4 unit) property. Below I have listed my coverage and insurance premium.
Coverage A - Building(s) $454,000
Coverage B - Business Personal Pro...