Do I have enough coverage for my 12 rental properties
All properties are under a LLCMy home insurance covers up to 1MIL per occurrenceThey are managed by a professional management companyNot exactly sure if I am sti...
Hello,I recently changed my home insurance, it was getting very expensive this year and I chose $100,000 in liability insurance for my triplex when electing. Should I get Umbrella insurance on top of it? How much doe...
I am picking up my first rental and wondering since the loan I am getting is in my personal name how I can put it into my LLC at closing for personal protection.
To the group,
I am curious as to what the concensus is regarding the amount of liability insurance one should carry on a rental property? I happened to speak with a real estate attorney recently who had mentioned th...
Has anyone created a Series LLC? What are the pros and cons? At what point in an investor's portfolio would he/she need a series LLC and umbrella policy?
I have a pretty fair idea how a Series LLC gets set up but am wondering how it works with mortgages and tax ID numbers, etc. The umbrella LLC and each individual series under the umbrella are treated as separate enti...
Hello Everyone,I'm a new to BP and relatively new to RE investing and currently have an out-of-state SFR rental. I used to live in the house and currently rent it out with the help of a local property manager. The h...
We are closing on our first rental property tomorrow!! As we acquire more rental properties and our business grows, should we put the properties under an LLC? If so, should we wait until we get multiple properties or ...
I'm finishing up a small Condo Conversion in Denver on an existing 3 plex that can only be split using the Condo approach. It will be self-managed by the new owners. Getting back quotes for a Master Policy that just i...
I'm trying to refinance a rental property. Also want to get mortgage on my next rental property and I have conditional approval. My LLC - the underwriter wants "Articles of Organization" and proof that I'm author...