NaTarrio Jones
Umbrella Policy vs LLC
Hello BP. I have 3 units (Texas) in my personal name and I have a four unit (Louisiana) under contract also in my personal name. I do have an LLC but my intent is to max out my conventional loans before I begin to p...
Account Closed
What are some affordable Landlord Insurance Policies
I searched BiggerPockets for a thread but all of them were over a year old so since premiums are constantly changes I thought I could try to get an updated result. Does anyone know of a good and affordable landlord po...
Dave Blackman
New Investor - need another umbrella?
Hi there,I currently own a primary residence in California, and am closing on two SFH's in Missouri -- I have a Umbrella policy in place to cover beyond my homeowner's insurance for my primary home in CA, but my local...
Bruce L.
How do you handle insurance for your contractors?
So, I'm getting ready to hire some contractors, not sure if they are license or not, some of the contractors were refer to me by realtors, and friends.
How do you handle insurance should something happen to one of them?
Troy P.
CPA Suggested Using 2 LLCs
Hi all,I'm relatively new to REI and extremely new to business entities. I took the advice of so many others and sat down with a tax advisor and attorney. I'd like to put the protections in place now to shield curre...
Collin Hays
Games Insurers Play
I've had a property insured with American Modern for a number of years. In fact, most of my properties are insured by American Modern.
At a recent renewal for one of my properties, I got a cancellation notice from A...
Jordan B.
How much do you pay for Landlord Insurance?
Hello,I just received a Landlord Insurance quote from Liberty Mutual for $2,707. Does this seem high?Background: 2-Family Built in 1896Located in Cincinnati OhioUpdated Plumbing and ElectricalI will not be owner-occup...
William R. Matthews IV
Umbrella policy and land lord policy
Should I have/need both a landlord insurance policy and an umbrella insurance policy for my single family rentals? Thoughts?
Shawn S.
Insurance minimums
Right now I only have 300k scheduled for liability on the first property we are closing on. I could pay $55.00 more per year on a $700.00 policy to up that to 1m. I'm thinking this is a good idea. I am being tol...
Wes Singleton
How are LLC partnerships insuring properties
I'm trying to acquire a couple single family rental units with a partner this year, but when talking to insurance agents in my town, (Louisville, KY), I am being told that any property in a trust or LLC must have comm...