We own one house and will be purchasing two smaller rental units with cash in the near future and potentially a second home. We have roughly $500,000 in the bank. We will likely start out buying in our trust or an LLC...
Ignore the title of the post, please. I can't change it. Hi, As I research structuring, I have a few questions. Any help is greatly appreciated. Assume a sole prop Owner moving property management to member managed...
I have a property with a main house and a guest house/studio that is attached with a separate entrance. The house is my primary residence. I was told that I needed to have a minimum of a $1M umbrella policy for the u...
I'm looking for an independent insurance broker help me choose what type of Umbrella Insurance I need and provide quotes across multiple providers. Adding properties frequently so would need to continue the relationsh...
Hello BP,I am wondering if I am correctly protecting myself with the current house hack that I am doing. I recently bought a property and currently renting out one of the two rooms (with the second one to be soon rent...
So purchased a new 4 plex in the Edinburg Texas area. Rented out the 3, and currently live in one part time. Question is should I put it in an LLC and/or get an umbrella policy? and anything else yall might suggest I'...
I have 2 rental properties. I am going to have 1 more rental property next year. All of them are single family and listed under my name in state of Arizona (while I live in state of California)I am planning to create ...
Have a couple of rental properties around the Boston area. Would like provide protection of my assets but don’t know the best way to go about it. I’ve read about rental LLC and umbrella insurance but not sure which wo...
I am on the fence on making a LLC or just getting a liability umbrella. I live in Illinois and because they are digging for any kind of money they can get their greedy hands on the basic cost to file electronically is...
I am reviewing my current insurance and was potentially looking at switching policies (to a better policy which covers more). I was wondering if there were any recommendations on things to make sure are included in my...