What does everyone use for liability insurance? I assume Airbnb's "$1,000,000 liability policy" is complete BS, considering I can't even retain a $500 security deposit. I think I'm decently protected, but wondering wh...
Hello Everyone, I'm fairly new to the Biggerpockets community and real estate investment. I'm contemplating purchasing my first single family home / condo investment property in Northern California. I'm currently in t...
Hello,I am buying a rental property with my girlfriend and we will be tenants in common. She checked with her insurance and they won't give her umbrella coverage for the property unless she is the sole title holder. ...
I have my first rental property and have been considering getting umbrella insurance on the property and not setting up an LLC for it. How does this work from a tax perspective? Do the tenants write the checks out to...
I've been using Allstate for my rental properties. Landlord insurance only.
Would like to get a feel from other experienced investors here on what companies you use for homeowners insurance and possibly umbrella insu...
My umbrella insurance just got canceled by Geico recently after I acquired my 7th property. They said that they have a max cap at 6 properties only. (My portfolio is in Chicago area). Is that what others experience as...
I am struggling to find a company to offer umbrella coverage for properties that I am buying. The property is being divided with main sfh(which I will live in) on its own. 4plex and 3 sfh under an LLC. I reached out t...
Hello,
Interested in hearing how others who have multiple real estate investments have structured their LLCs.
I would like to create a publicly anonymous LLC in Wyoming which serves as a holding company for other re...
Hi guys, So I'm in the middle of owning 6 rentals in my first half year of real estate investing and I'm pretty burnt out. As of now, I have 4 condos and 2 houses. The houses are a little older and carry more risk tha...
Sorry if the below sounds like a rant but this is starting to drive me bananas.I've been looking to set up some asset protection as I have 11 buy/hold residential rental properties that are scattered across 3 states, ...