Jennifer Hollstein
Just starting out- started my LLC now what.. Insurance requirements??
I have my LLC, and I have a property I am putting an offer in on to fix up and flip. What do I need in terms of insurance if any? Do I need workers Comp or anything that I have not thought about.I am going to do some ...
Account Closed
Title Work Concern
I've ordered title work on a property I'll be doing a double close on. Upon speaking to a potential buyer about title work already being conducted, he mentioned that he would have to order title work too. If he's usin...
David Krulac
Most Insurance doesn't cover 6 claims...
NOT covered by insurance:1. FLOODS, can be covered by separate FEMA flood insurance but not by home owner or rental policies.2. EARTHQUAKES3. SEWER BACKUPS4. PESTS rodents and bugs5. SINKHOLES6. MOLDMany of these c...
Mark Weinstock
Getting Sued Need an Attorney Referral For Asset Protection ?
Looking for some recommendation on a reasonably priced attorney in South Florida Broward County area ?I had an auto accident about a year and a half ago that was my fault and my insurance adjuster just contacted me te...
Shane Barrows
When to buy whole life insurance
Ok so I grasp how whole life works.
But in order to use it correctly should I have a lump some ready to put in on first payment.
Example 50k policy 4% return 2k first payment required monthly after that is $35
So...
Jerone Hammond
What is title binder?
Can someone explain "title binder" when buying a house to rehab? How much does it save in closing? Thanks
Brandon Donahue
What Kind of Insurance Policy Do I Need For My Flips?
Hello all,
I'm looking for advice on which insurance policies I need for my flips and which policies should fall onto my general contractor. On my past flips, I have done a builder's risk policy (very expensive) and ...
Calvin Thomas
Liability protection for main company
I have my portfolio setup in a fairly complex, but prudent way. I have a main LLC, which is a c-Corp. It controls the financial reserves, expenses and payroll. Each property is in it's own LLC owned by the main LLC...
Tom Edwards
My First Deal - Seeking Landlord Advise
After a couple of years of research here on BP, I'm moving on my first investment property in NW Indiana. Its an occupied 2 unit in a residential neighborhood. I have a few questions on how to start my journey as a la...
Brian Falcon
First rental - our old home
Hi all. We built a new home last year and were financially able to keep our old one and have it rented with a 2 year lease ($2,275/mo). We did it sort of ad hock knowing we could sell if it didn't work because the a...