I have searched and read some info here on this topic, and have learned a lot. My specific scenario was hinted at but not completely explained, and I was hoping for some insight:
I have 3 single family rental homes. ...
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...
What is the action that triggers changing from insuring each property one-by-one to creating an umbrella policy to cover the portfolio?I own a number of buildings in Maine and currently each building is individually i...
Under contract in Michigan,I was planning to keep home in my name and when needed (repairs are done and ready to rent) get an umbrella policy (primary residence in florida) of a few million for it
however I am being ...
I am licensed, and have gotten advice that it could help to form an LLC to invest through. What are your opinions, or what are you yourself doing? (Texas) I'd appreciate any feedback, thanks!
Hi All,Does anyone have a recommendation for an insurer that will write a policy for student housing rentals? We have a portfolio but our rates in recent years have climbed dramatically and lender selection has narrow...
Hi all, we have 2x 2 family properties in Brooklyn. Both worth over $1MillionWe've always been insured for $1M in liability.Our broker presented an option for insurance for one property that would be $500K.Do you thi...
Hello BPer's:Anyone else out there tired of the annual insurance premiums increasing year after year, even with no claims ever? My rates jumped 25% on all my properties in just 1 year all with no claims! I have Erie I...
I'm into my 3rd rental properties (with very decent renters) under personal ownership. We increased our umbrella policy to 2 million. Insurance agent advised that this should be ok. Any thoughts?
Hello, I have a couple of rentals properties out of state and I currently rent an apartment in Los Angeles. Next year I'm going to get rid of my apartment, put all my stuff in storage, and live utilizing short term re...