I had an experienced insurance agent say I could put all properties under a single BPO that are across states (some owned by LLCs and some not). Has anyone done this or familiar? I originally requested 1 policy per "...
Is it possible to avoid paying capital gains if i get a life insurance?I heard life insurance has 3 benefits1. It pays you 6%.2. Your money is untouchable.3. Tax shelter
I got a call from my tenant yesterday that the bay window in our rental unit has been smashed in by vandalism. I submitted a claim to Allstate, and the promptly called me to today to let me know that my landlord's po...
Hello, everyone. I just added my 4th multifamily property and was informed by Geico that they would only allow me to carry four homes on my umbrella policy. Was wondering if anyone had this problem and had to resort t...
Hi, I am in Northern Virginia and doing a tear down and new construction project. I need to purchase a Builder Risk Policy under a LLC but all the agents I have talked to can only insure under my own name and add the ...
Hello fellow investors, I am currently using Farmers and Foremost Insurance. However I ran a few quotes on Obie Insurance (geared specifically towards landlords) and for only the 4 houses I checked, I am saving 1,5k a...
Though my years of hiring trades to work on my rental and friends/ family/ clients properties I have had it good and bad experiences. Property managers that over promise, work not fully completed to satisfaction, thin...
What to look for when looking for an insurer for an SFR?
Hello, A GC partner and I are working on a proforma to determine costs for a potential rehab project of a historic building and targeting 25 units in MA.Can someone help me understand what kind of insurance we need t...
I hold a couple of properties in a series LLC. Both properties are currently uninhabited as we prepare plans to demolish the existing homes to clear way for development.Property A consists of two parcels, one parcel w...