A friend of mine was instructed by his mortgage lender to close on a property in his name to get a better rate. After closing he transferred the property to an LLC owned by himself and 2 partners. Now he is having iss...
my wife and I are the 2 principals in our LLC that owns a 4 plex. We also reside in 1 unit of the building. We are currently getting building insurance quotes, but we are currently on a business policy with Nationwid...
I'm originally from University Heights / Cleveland Heights, live in Hawaii now and am beginning to research purchasing properties in the Maple Heights, Warrensville Heights, and surrounding areas.
My plan is to both...
Is home insurance on rental property different from Renter Insurance? Also any good recommendation company who has good price for both home and renter insurance? Any information is appreciated. thanks
View report*This link comes directly from our calculators, based on information input by the member who posted.I'm trying to get the hang of analyzing deals. Does this look like it makes sense to ever...
Hello, everyone, my question is about how to structure my rentals and flips in 1, 2, or more LLCs. I've perused the forums and haven't quite found what I'm looking for. Ideally, I'd have a simple system that does no...
Hi members,What is the preferred way to hold investment properties? My attorney(estate planning attorney) suggested two options.1. LLC or...2. My JRT (joint revocable trust) that I already have and buy umbrella polic...
My new tenant told me that Progressive stated that they cannot add my LLC as an additional insured; however, they can add me as an additional interest.Is this the same thing?
I'm spending on repeat repairs for the same property and not realizing it; for instance, if i replaced a water heater in 2019 for Bldg A and for 7x other units throughout the year. 1 year goes by and there is damage t...
When it comes to insuring a Rental property, what policy does a Landlord need? Is a Landlord policy an all-in-one policy that covers dwelling and the landlord or is it separate from property insurance. For example, if...