Sumit Sehgal
Loan/title in own name vs LLC
I feel like Bigger pockets would be an ideal place to get some answers to this question:I want to use leverage to buy my first investment property (single family home).How do you guys go about the initial setup:Take m...
David Edwards
Insurance coverage and amounts needed
Morning BP, Shopping around for insurance for our first rental property and wondering what the typical coverage you all go in for? It looks like the difference in 300k and 1mil liability coverage is a difference if ar...
Josh Cook
Recommend a good Real Estate Attorney
Hi Everyone,
Can anyone recommend a lawyer I can get in touch with in the Twin Cities Metro?
I want to discuss with the attorney about whether I need to transfer my property to an LLC after I close next Thursday, g...
Matthew Fitzgerald
Setting up Accounting for first rental
Hey all we are closing on our first deal and I was wondering how to set up the accounting to benefit me the most.....
Some info I think may help...
We are buying out of state, so we are using a property management c...
Arjun K.
How much umbrella insurance to get, when paired with LLC and property-level insurance?
I have 4 questions, dealing with two people, Person "A" and Person "B"
1) How much property-level landlord insurance should one get, assuming: The properties in question are all value of ~$250K average with 20% equi...
Vidit S.
What Insurance Will Cover if/when "Corporate Veil" is Pierced?
Hi All,Context - I live in NY and invest in PA. Have a multifamily(2 units) in a LLC that was bought by the LLC directly. We are three partners and follow all the steps to protect the veil and also keep anonymity (one...
Carlos C.
LLC or Umbrella or keep all in my name?
Hi to all, I been researching on these topics and found all kinds of options and advise... but still not sure what to do. Please more advise.I have a few rental properties and for some time I been considering Quit cla...
Robert Berth
Will Umbrella Insurance cover this sutiation?
Hi all, I'm reviewing my insurance for my home and rental property and considering adding umbrella insurance. I can't seem to find the answer to this question, let's pretend I have tenants that for whatever reason dis...
Jim Jennings
Insurance And Structuring Questions
As I'm just starting out, I have been checking the boxes on diligence on structuring the first few deals. Does anyone have thoughts on the following:1) Insurance - What are your experiences with using an umbrella pol...
Samantha Weitzel
Insurance for multifamily units
Hello all,We are in escrow for our first multi unit. Other than normal liability is there additional insurance or maybe umbrella policies for the property that you would recommend?Thanks in AdvanceSamantha