Nicole Dorsey
Increasing Condo Insurance instead of Umbrella - Thoughts?
Hi there! I'm new to the BP community and am excited to be here!I purchased a condo unit 2 years ago and have just started renting it out. After doing research I had originally planned to get Umbrella Insurance howeve...
Craig Fairfield
Series LLC + Insurance Coverage
Need some perspective on insurance coverage as I'm unsure of the advice I'm getting from my insurance agent and lawyer.We currently have 4 properties in their own respective LLC rolling up to a parent LLC. This is in...
Ryan Bird
Personal injury liability on commercial policy
I saw previous posts recommending personal injury liability. However, I can find them only on personal lines and not on a commercial. Is personal injury liability a part of general liability of commercial policy? My ...
Will Pritchett
Getting back below 10 conventional loans to buy a residence
Hello BP, So my situation is that we have grown a rental portfolio and are fairly far past our ten conventional loan limit. Not thinking we'd move, we used all of them. Now we may decide to move. My question is...
Mike Dymski
commercial vs landlord insurance (and LLC implications)
New to the community; so, thanks in advance for the help. Been reading the forum for years. I have a 25 unit apartment complex in its own LLC and two duplexes and a single family home in my personal name. I have read ...
Russ DeWolfe
Umbrella Insurance Policy?
Hi! We have 9 rental properties in the Dallas Texas area. And are thinking about getting an umbrella policy on top of our insurance. Do you find that this is a good idea and if so what is a good company to use?
Also ...
Abdul Azeez
Umbrella Policy Input needed
Folks - I have a primary home and two vehicles. In addition I own a rental property in Memphis, TN. I am now in need of an umbrella policy. I live in NJ. I am getting the feedback that both home and auto needs to be w...
Elio Mariani
Holding property in LLC/Corp
I plan to buy a rental property with cash from personal assets (stock market) and I plan to have the title held in an s-corp, for liability protection. Is there liability protection value in having the s-corp borrow...
Hai Loc
US Entity structure for Canadians
I would like to hear thoughts from Canadians how they set up their entities in the US and why they decided on certain structures based on investment/exit strategies. I have seen LLLPs used, LP used, LLC owned by C-Cor...
Nahal Beckam
How can I avoid renting to roommates in Califronia?
Hello, I am trying to rent my 3br house in SF bay area, and would like a family or an individual rent it, but I have had multiple calls from roommates who want to rent my house together. I really do not like 5 adults ...