A friend who is an extremely successful RE investor tells us that umbrella policies aren't necessary, based on his experience. Advises if you want more liability coverage, just add it to the LL insurance policy. A mi...
My wife and I own 14 short term rentals in Carolina Beach, NC, and we also co-own a property management company that manages another 54 listings. We’ve tried to vertically integrate and we just signed on our own line...
Hey guys,
I am shopping for an insurance for our rental in TX, and the insurance agent proposed to NOT get 300K liability coverage, and instead rely on my home liability coverage to cover the rental. DIfference in cos...
I'm the primary insured, but my PM wants to be included on Liability policy. Has anyone heard of this?My insurer refused to accommodate the request saying they've had problems with PMs named in their policies, althou...
Does anyone have a strong understanding of short term rental (airbnb) insurance coverage?
i have seen policies that are standard landlord policies (premises liab and building coverage) but allow short term rentals bu...
Hi All,I'm sorry if this has been posted before, but I'm just not having a lot of luck finding the answer I'm looking for. My company has been managing its own portfolio of properties for about 60 years and just in th...
I regulary read a blog concerning financial planning and recently they were talking about RE asset protection via a DAPT.
http://bawldguy.com/last-minute-asset-protection-for-the-procrastinator/
Does anyone have any...
Hi Everyone,I am in the process of looking for my first deal. I am considering starting an LLC with my partner but I wasn’t sure how credit to finance these deals works. Will I be able to finance deals without any sor...
Hi, all.We are in between accountants, and working on getting someone new in the mix, otherwise I would touch base with them and get this issue clarified.My question is, if we file a tax extension, and don't pay all o...
Hi - We've done 3 full remodels that we've lived in and now putting in offer for first remodel. Hard money loan to LLC. As we have our own crew, we are hiring our guys on the books for liability and so we can show pro...