I am a new investor who will be doing the BRRRR strategy in Ohio.I am in the process of creating an LLC.I am told I should get property insurance, and an Umbrella policy....Should I be getting a "personal umbrella pol...
So if I was going to embark on a long journey of house hacking multi families every singles year (let’s say 10yrs). How would someone transition to getting the next while simultaneously making to former house into an ...
Every article I read about an umbrella policy says the same thing...it covers lawsuits that go above normal liability limits. But what's never clear to me is, can an umbrella policy on my property be used to cover AN...
Time and time again while on these forums people kept saying just get an umbrella policy. Can anyone explain these a bit more. I asked an agent for a quote and they sent me a general liability and an umbrella policy. ...
Someone mentioned that you should possibly look at getting an umbrella insurance policy on yourself once you get into owning multiple properties. A friend gave me an example! He had a friend who was at the airport and...
Hi,
I only want to remove my personal liability on my Airbnb properties. I don't care about the replacement cost and the properties I rent on Airbnb are not mine as I do Airbnb arbitrage.
Which option is best to re...
Hi all,I have a few properties insured at NREIG using Lloyd as underwriter, as well as a few with Travellers and 1 with Safeco. I would like to get an umbrella policy for all or most of these properties, I spoke to an...
I'm going to close on my first 4plex in a month with an FHA loan and 3.5% down. I don't have much assets, let's just say less than 50k in total (savings and stuff. Im young, so no retirement accounts yet). I've read o...
Okay guys and gals, I have read SO many forum posts about land contracts, LLCs, S-Corps, etc. However, I can't seem to figure out what is best for my situation. I am not managing my own properties, so I don't need t...
Hello, Everyone!I am currently in the process of setting up insurance for a property I bought in Kansas City. I was wondering, the typical insurance you need is: Landlord insurance (for fires, hail, explosions etc..) ...