Hi all,First time investor here, partnering with a friend who has invested in other properties before.He has used a specific insurance broker before, and the insurance broker is saying that the max liability coverage ...
I started as an accidental landlord when my house wouldn't sell. I had a learning curve with the first tenants and now have a steady tenant. This house is in my husband's name but the LLC is in my name. What is the be...
I'm in the process of finalizing my first deal, a duplex in the Palm Beach County and am ready to get a few insurance quotes. I'm using an FHA loan and will be living in one side of the duplex. My question is two-fo...
I have read it is very difficult to finance a home with an LLC. How do I overcome that? Do I buy under my name, form the LLC, and then transfer it over to the LLC? Is it easier to go with an umbrella policy instead? ~...
I'm buying two houses, one to live in and one as a rental property. Do I put the rental property in a LLC or do I keep it under my personal name? Thanks
Hello, fellow BPs, , I am a real estate investor in Olympia, WA. I am looking for an insurance broker that can offer me an umbrella policy. Do you have any referral for me? I already have home owner insurance on my...
I have read through the forums, consulted my real estate attorney and insurance agent and have come to a dead end so I figured I'd start a discussion on here. My wife and I just bought a duplex and will soon be signin...
I have properties in Ohio and California. Curious how have people setup properties? Do you have one overall Trust and LLCs under each property? Or do you use a series LLC?Could use some guidance here.
Hey everyone, first post here.
We currently own 3 properties in Philadelphia. However, the first 3 were bought in our personal name (Mortgage and Title) and we are looking to transfer the title to an LLC. My main qu...
Hey everyone! I am closing on my first rental property with some partners at the end of the month and are currently shopping around for insurance. We plan to obtain homeowners insurance (obviously), landlord insurance...