Justin B.
Entity? Needed or not
So I posted another topic on BP about how many SFR's in a LLC was too many. I was taken aback a little bit when the first 2 replies were that I didn't even need an LLC, just a good umbrella policy. I replied back...
Mario Palacios
LLC or Liability insurance?
Hello BP Community, I recently start investing in RE, I will own 9 SFH thru turnkey company's at the end of this year, I'm not sure if I'm ready to set up a LLC company for asset protection or just go with an umbrella...
Fredrick Hock
Condo Insurance: is it necessary?
Hello,I recently put in an offer for a condo that I plan to rent out to tenants (I will not live there), and would like to know if I need to purchase condo HO6 insurance since the HOA provides an "all-in" master polic...
Jennifer Taylor
Legal Structure Questions
Hi everyone, I'm looking for any legal references that can help me answer the following questions and provide guidance as to whether this approach is sound or needs adjustments: -What is the entity structure for manag...
Josh Edelson
Why are all the insurance companies pulling out of disaster areas!?
GENERAL DISCUSSION:California has fires. Florida and South Carolina have hurricanes. All these insurance companies are jacking up the rates 2x-6x or cancelling policies altogether in these and many other areas. If you...
Robert Piller
Dog Bite Insurance
I have nearly 75 SFR rental properties right now in Texas and Michigan and my umbrella policy is now omitting dog bites. I just got the renewal notice yesterday.
Anyone know of a specific policy just for dog ...
Manas M.
Leasing through my LLC
Hello fellow investors,I'll be moving one of my property out of professional management and just try to manage it on my own. The property is currently not leased and I have a trusted realtor who has agreed to help me ...
Daniel Warren
anyone have any trucking experience?
As I get my real estate investing lined out, I've been playing with the idea of buying a couple of trucks if I ever have a little cash to throw around in the near future. My dad has been a truck driver most of my l...
Ray X.
Is the Net Claim Remaining what the insured can collect & othes?
My home insurance write an estimate for the water damage.Replacement Cost Vale $19,000Less Depreciation (2,000) ------...
Joe P.
Applicant runs a daycare?
One of my apartments has an opening, and I have a solid applicant (family). Dad has a job, mom runs a licensed daycare and they were expecting to use the apartment to continue to do so. It obviously adds income to the...