Hello! I'm in the Bay Area. Does anyone have a referral for an insurance agent? We have a primary residence here and an out of state rental in Washington. I'm shopping for umbrella insurance... and maybe everything...
Hi All,I am setting up my basement (with a private entrance) as an Airbnb. I have homeowners insurance (of course) and an umbrella policy currently, but am curious what other insurance and policies folks recommend as ...
Hi All, I am doing rental arbitrage (renting from a landlord) and then subleasing to tenants for longer than 1-month. Because of this, I have the sub-tenants enter into a lease agreement. However, I am having trouble ...
Hi All --I read an earlier post on Biggerpockets about whether or not STRs should go into an LLC. My takeaway was that unless you have 10+ properties that it does not make a lot of sense. It sounded like it can be eas...
Hi all.I'd like to get your thoughts on forming an LLC, from folks who have done this before. After review, I've determined that I want to set up an entity to hold my investment properties to add a layer of protection...
Hi all,
I apologize if this is a well documented thread already. I've built up a portfolio of 14 properties and haven't had the time to consider the best approach for insuring them. I've been working with a lo...
Looking to start my journey into investing! I have my eyes on a 2 unit Multifamily unit. We weren't sure if we should go with a conventional mortgage and get an umbrella insurance OR go to commercial loans with higher...
Hi. We own 6 sfh in central Ohio. Does anyone have any experience or knowledge about an umbrella policy such as company and costs?
Hey All,I plan on calling around a bunch; but, I’m trying to get in position with financing options for a purchase. I’m finding some banks won’t approve a mortgage for an LLC. Have others run into this? Which banks d...
Hi all,
Looking for general wisdom and tips for setting up business structures for rentals. I own a mix of short-term and long-term rentals but the properties were all purchased my name. I've been told to set up an L...