Nathan Williams
LLC as Additional Insured - Does this pierce the veil?
Hi All,
I've read some previous posts on this same scenario but I am still not understanding the right way to structure/approach this.
I did a quit claim deed on my properties to an LLC. I own them outright.
I want...
Christopher Lee
Out-of-State company as property owner for asset protection??
Hello Friends here,
I run a real estate business in California. A while ago I saw a post here teaching landlords how to avoid liability by setting up a company/ the property owner in another state, so the tenant cann...
Rich Le
Insurance for Rental Property Owned by LLC
I'm planning to rent my house and have some questions about insurance. The house is in California. I plan to use an LLC to limit my personal liability.For insurance, I am having trouble finding an insurance company ...
Anna Milligan
Renter's Insurance Liability and "additional insured"
Our insurance guy is telling us that we should have a requirement in our lease that the renter have renter’s insurance for $500k liability. He said most policies are at $300k, but it’s only an extra $10/yr to bump up...
Cody Montgomery
Garage Apartment Rentals - Need Advice from Experienced BP'ers!!!
Need some advice! Recently purchased a property with (2) garage apartments. 1 currently has a resident and the remaining apartment is being slightly renovated to make it suitable for rentals.Being that I personally mo...
Neera Melwani
Insurance Coverage Issues w/ LLCs
Has anyone come across any issues with insurance being enforceable if they transfer over a property from a personal name to LLC with a loan on it? I'm aware of the risks and implications of the due on sale clause, but...
Sherry Patterson
Has anyone used or heard of Trex Samson private lender?
I have been contacted by someone that says they are a lender with Trex Samson. She had her name as Shirley Samson. She supplied their company id in NV. So I went ahead and researched and there is a company in NV wi...
Nick Brubaker
Lender requiring insurance be switched to my name instead of LLC
Hello all,
I have a rental property bought with cash (no original financing) and owned under an LLC. I later refinanced it. My insurance policy has recently been discontinued and replaced with a similar policy (reall...
Daniel Tanasa
The Inssurance Company does't want the insured name to be my LLC?
Hello Guys,
I am in a situation with my insurance for a property. My previous insurance expired and I changed the carrier and got a new insurance under my LLC name. However the mortgage company ( a local credit union...
Burt L.
What to Tell Buyer on Fixing This Badly Cracked Brick Wall w/Pic?
I have a house to wholesale that has this badly cracked wall and has been scaring away the first buyers. This house originally had a carport here, that a prior owner had it "bricked in" and a bedroom and laundry were ...