Mary Jay
Umbrella liability insurance covering personal+ business assets?
Hi guys,will you please be so kind and let me know if its a wise thing to do to have an umbrella liability policy covering my personal assets (car, my house) plus my real estate investments (rentals) ?If I have an umb...
Colette Major
Qualified Intermediary: 1031 Exchange
Happy Investing! We are closing on our rental property SALE April 30th. Planning to take advantage of a 1031 Exchange. To avoid a legal nightmare, please reply if you know of a reputable company, with a long track re...
Greg Carr
Finding Vacant Properties
Here is something I picked up recently to find local vacants...Call up the local water department and ask for a list of homes with the water shut off. There should be a local water code stating that you are allowed to...
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...
Peggy Lindsay
Renting to a tenant with insurance claim
Hello BP Community,I am new to being a landlord and would like your feedback on a prospective tenant.This person lost their home and wife in a tragic single home house fire in June 2020. His insurance company is placi...
Delin W.
Owner as Property Manager... LLC for negligence liability?
Hi all:
I've got two rental properties that I'm about to put into LLCs via Land Trusts. I'm pretty confident this will take care of my concerns about homeowner liability and the "due on sale" clause.
My remaining c...
Michael A.
Does this sound right? (Advice on first umbrella policy)
Good morning and happy weekend BP community. Hoping to get some feedback on an insurance scenario:
Looking at best way to insure our first and only single family home rental. Have personal liability at 500k coverage ...
Mark Sedarous
FIRPTA Confusion as a Buyer
Hello community experts, I am looking at purchasing a condo in which the sellers title is under an LLP registered in Arizona with both the partners being Canadian residents. I am not using a buyers agent and everyth...
Sean Ratcliff
Insurance multi state
Hello BP,
I'm looking for an Insurance company that I can bundle my home, auto, and rentals that are in Oregon and Florida. I also need to have flood insurance for one of my duplexes in Florida, any recommendations?
Brett Sorenson
Insurance needed for duplex
In August of 2013 I bought a duplex and did the whole "owner occupied" bit. So far it has worked out great and I will be moving out shortly. With that being said I decided I should probably evaluate my insurance needs...