In a quote for an umbrella policy, when I see it in writing it is labeled a personal umbrella policy with our primary home cars etc. Our rental properties are listed as well, but those are owned in an LLC. It didn't...
When you are starting out your real estate investment business make sure you have the proper team in place to guide you through the process. One of the biggest issues I see, as a licensed insurance professional that f...
Umbrella Policy or LLC to protect assets?
I'm looking to save money on property insurance and wanted to run an idea past the community. My wife and I own an owner occupied duplex, another duplex, and are closing on an additional triplex. I'd like to move the ...
A couple months ago, my partner and I purchased a single family home in Los Angeles from the previous owner. The house has a detached garage at the back of our lot that was converted into an ADU (Accessory Dwelling U...
Hello BP Family,My name is Ivan, I live in Miami, FL and am finishing setting up a studio with independent access to rent out long or mid term. I expect to charge $1,000 for it with utilities included. I was planning ...
First time investing in property and have a few questions - Buying townhouse in North Carolina with intention to rent out. My bank does not give mortgage loans through LLC, so rather than getting another bank to do co...
Curious what people are paying for insurance on their multi's.I know it changes based on property/location. heres generally what i have been looking at;example, 10 unit, brick multi unit building, 3 story, in good co...
Question - besides my homeowners policy, should I also get additional STR insurance outside Aircover? Does Aircover actually cover broken/damaged household items? If a guest destroys my place, how do I get reimburs...
Just some basic questions I need help with. 1. I need to do some rehabbing to the properties to get rental ready. Do I put the utilities in my name or LLC and am I able to only turn them on for say a 30 day period?2. ...