![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/185425/small_1621431751-avatar-noamb.jpg?twic=v1/output=image&v=2)
Hey y'all,I've been running a small (non-R.E.) business for many years, so I'm no stranger to what it takes to manage a small business's finances. I'm also no stranger to Quickbooks, because that's what I've used for ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1234997/small_1695049818-avatar-heatheru1.jpg?twic=v1/output=image&v=2)
I own 4 rentals recently purchased (with mortgages) and have an umbrella for them. No LLC's. Underwriting came back and has said that since we don't have a car insured with them (our primary house is with them) they ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/596093/small_1695083651-avatar-brettp20.jpg?twic=v1/output=image&v=2)
I can't find anything about Umbrella Insurance among a group of investors. Me and two others are looking to invest in a SFH property. We don't want to form a LLC due to the poor finance options out there. Per the post...
Have been keeping an eye on some vacant land near where I live (Chicago, IL). Former auto repair shop. Current owner demolished the building and did a Phase I, which came back clean. Original plan was to build a Starb...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1242355/small_1694883888-avatar-isaacd31.jpg?twic=v1/output=image&v=2)
I have my eye on a couple properties, but I’m in a little bit of a bind due to time constraints. I paid my mortgage off a few weeks ago and the bank hasn’t officially filed a release or sent me a letter saying it’s pa...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/160081/small_1621420236-avatar-angiew.jpg?twic=v1/output=image&v=2)
While I know the information I want to know when someone calls about my property, I always stumble when first answering a call.
Me: Hello, How may I help you?
Caller: Yes, I'm calling about the house fo...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/22471/small_1621361890-avatar-venomousviper.jpg?twic=v1/output=image&v=2)
In the 2 previous threads on this same RE retirement -goals, I mentioned how you can retire and really enjoy life for under 2K per month and golf EVERY day. Here is how you save money(read TAXES & FEES). If you ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/607606/small_1621493684-avatar-krby.jpg?twic=v1/output=image&v=2)
I'm under contract on a 12-unit multifamily building and looking at insurance options. One thing that isn't clear to me is what types of policies cover various situations. I think I understand the basics of personal h...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2791593/small_1694561756-avatar-craigj123.jpg?twic=v1/output=image&v=2)
I know the topic of umbrella insurance comes up here periodically. I was just out shopping for new auto and umbrella policies, and most insurers won't write a personal umbrella that covers an STR if the underlying po...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1669508/small_1715981795-avatar-collinh21.jpg?twic=v1/output=image&v=2)
When you have your own business, such as a vacation rental, you always have to be on the lookout for entities trying to grab cash from you. A few weeks ago, Newport Utility, my electric provider for 4 properties, dem...