So I’ve read that unbrella insurance providers require you to use them for car and home. I am a land lord but don’t own my residence.What are my options?
Property Purchase Price - $365k
Dwelling ( Coverage A) - $432k
Increased Dwelling (Coverage D) - $108k
Dwelling Extension - $43k
Personal Property ( Coverage B) - $324k
Personal Liability eash occurance ( Cover...
Hi Everyone,I am newer member on Bigger Pockets. Thanks you all for all the help an advice.I just had an offer accepted on a property in Grand Rapids. I currently live in Denver Co and will be moving to Grand Rapids ...
Hi All - my business partner and I jointly own a property in the Philadelphia area and we'd like to transfer ownership to our LLC. However, our property is still mortgaged so we want to ensure this doesn't cause any i...
We are relatively new re investors in missouri. We own 5 properties(2 duplex and 3 sfr) Have bought undervalued and fixer uppers, but not flipping. So far just developing our own portfolio. We manage ourselves. Shou...
Hi, I am looking to purchase more property (currently have 3 units), but I am at a point where I need to decide whether to put the properties in my own name or my LLC for tax benefits / perspective. Here is my current...
I just purchased my 4th rental property, and currently own all properties under my own name...no LLC. I know there are different schools of thought on how to structure the business. Does anyone know a fair, reasonab...
Hi guys,Rookie investor here. I was wondering if there is a risk in taking over from property management and having a new lease agreement with the tenant. The property is on my name and that would mean the landlord se...
I read on the forums all the time if you own a rental, in this case my example is a vacation rental, that is titled in your own name all you need is a landlord policy and an umbrella policy to be covered. While this s...
How big of an Umbrella policy do you get if you keep 1 rental house in personal name? Is 1M big enough or do I need more?