I have 3 rental properties that are not under an LLC. Would it be wise to get an umbrella insurance policy to cover myself? If so, what would an appropriate amount? My properties are worth roughly $550k.
A worst NIGHTMARE come true. A tenant gets hurt mowing the lawn on the rental property.How do you protect from a lawsuit?Do you add something to the lease to protect yourself?
Got this from my broker yesterday. It describes the new laws Governor Baker signed into law regarding short term rentals:Today Governor Baker signed into law a bill regulating and taxing short-term rentals. The timel...
What is the good and the bad with Section 8? Why do section 8 and why not do section 8
Almost %100 completed with construction on a fully renovated and fully furnished SFH . This SFH is located in the sticks! While attempting to put insurance on the property we told the insurance company this SFH would ...
I may have a deal on rental property but what is the law on it? I'd rather be prepared for the landlord just in case he/she does not know the law yet, including myself.thanks!
Went and looked at a foreclosure without the realtor, was going to peak in the windows but came across this door..... Is it considered trespassing??? I don't know if I should look at that and run knowing the...
Hello! I have a 3bedroom single family house that is used as an Airbnb listing, I had a Safeco homeowner insurance which my agent told me it can cover the short term rental. However recently I reviewed my policy and f...
I currently own 10 units and intend to double that this year. I'm considering self-management and I'm in the process of setting up systems for it. Should I create a separate management company through another LLC and ...
After reading the good old thread (LLC vs Umbrella Insurance), went ahead to buy the umbrella insurance policy for now. May consider LLC if I have more rentals later.
I want to share my rate with you guys because I t...