I am a landlord and the homeowner next door is suing me for personal injury, claiming a leak from my property caused him to fall and break a leg on his property. My tenant never reported the leak to me and said he fix...

Hello friendsOur umbrella Insurance rates are being increased and I'm shopping for other options. Who do you like?

Right now I have no liability insurance on any properties. All are owned free and clear so I don't have to have insurance but I'm worried that a tenant will slip and fall in the tub and sue me. I have fire on a single...

Need some perspective on insurance coverage as I'm unsure of the advice I'm getting from my insurance agent and lawyer.We currently have 4 properties in their own respective LLC rolling up to a parent LLC.  This is in...

Backstory: Have a SFR in my wife’s name which we recently refinanced and currently being rented. Trying to start a LLC but lawyer highly recommended I get consent from the mortgage lender about transferring deed to...

I am a novice real estate investor, and very close on acquiring my first rental property in Indianapolis.  The long term vision is to own 10 SFR.My research here at BP tells me an LLC is not necessary, but then everyo...

My partner and I are about to purchase a 4plex in Austin.  We thought we would get the loan in our names then convey it to our newly created LLC.  However, I was casually told that this is in violation of the DOS clau...

What is the difference between Homeowners Insurance and Umbrella? I own 5 SFRs through an LLC. They are all in one LLC. I am concerned, because one of them is not up to code, and it will take some time for me to get i...

LIABILITY - Continued Always carry as much liability protection as you can afford. As a minimum, you should carry $1,000,000 per occurrence. The larger your portfolio, the more liability protection you should have. Su...

Hello BP community, Is Geico umbrella insurance of any use to investors? I have some rental properties and following the advice to purchase umbrella liability insurance. Our home insurances were done through Geico (as...