Hi BP family
I live an Illinois but plan to purchase rental property out of state. Do I start my LLC in Illinois or the state I plan to purchase property?
One property in my portfolio is about to be dropped from insurance for the 2nd time in about 3 months - with no chance given for appeal or remedy. First from Travelers/GEICO and now from US Standard Insurance Compan...
So my standard property insurance has 300k liability. For 55 more per year I can get up to 1m. Is this the way to go? At this point we have not done an LLC, and we are unable to get any sort of umbrella insuranc...
Hi all,First, a huge thank you to BP and the entire community. I just started my REI journey and have found the BP community immensely helpful. Thank you all for what you do. I have a few related questions regarding L...
I am a new investor and watched regularly Bigger pockets podcast, youtube, etc. I am very interested in buying real estate but I am afraid of getting sued over by renters. I know I can start an LLC but if I am the s...
Hello Everyone,I've been waiting on a post and monitoring some of these similar questions for quite some time but now have a conundrum on my hands in which I'm trying to figure out a relatively simple answer for. I'll...
I am curious how investors in Southern Illinois approach asset protection and privacy protection, specifically for a partnership. I've hear that most buy and hold investors use an LLC, however the cost of an LLC is mu...
Hi everyone, As I continue to read and try to educate myself a question has come up. I'm a resident of Connecticut, but if I want to invest in let's say Massachusetts, will my LLC protect me?
In my everyday experience interacting with landlords, I have noticed a few things that are surprising to me. Often times the smaller scale landlord/investor does not take into consideration certain liability exposures...
Been listening to biggerpockets for awhile, and am finally ready to make the jump into real estate.
I currently live in California, where buying properties to cashflow is just not practical, and am looking to i...