We purchased a duplex and Brevard county Florida. We are living in one side and getting the other side ready to rent. Because of the age of the house (1957) location citizens insurancr is the only insurance that will...
Hi All! I am in the process of creating my first LLC with a lawyer. I am planning on buying my first property this summer through this LLC. It will be a single member LLC. I will have a separate bank account for the L...
I have 2 rental properties (NY), but just have a standard rental insurance policies. I cannot get an umbrella policy with my current insurance company because I do not own a car. Do you think i am protected adequately...
Hi everyone,I started investing in rental properties through my LLC in 2015 and I currently have 6 rentals (10 units altogether as some are doubles). I'm working with a local insurance agent and I insured each propert...
My brother owns a home with a pool. They want to turn it into a rental . He is afraid of the liability that comes with an in ground pool. What are his options? Can you safely rent out a house and have proper insurance...
I bought one SF for rental under my LLC and insurance company excluded liability coverage. Agent is saying that they can quote a personal umbrella policy that will cover liabilities for all my rentals. I don't know wh...
I am looking to purchase my first investment property SFH by using the BRRRR model. What is confusing to me is that most books advise on protecting your asset under an LLC. But then they say I will have a difficult ti...
I have about 5 rental units in Chicago, that I own outright, along with a lot of personal equity. I'm planning on getting more rental properties but want to make sure my liabilities are in check and that I protect my...
I'm in the process of building a personal residence for my family and I. I'm acting as my own general and I am using a construction consultant that is an active builder. I was talking to our banker about possibly...
Hi can anyone here forward me to a good company that offers personal umbrella insurance? I have a few rentals in my name and want to protect myself for a million or so.