My wife has a small home in New Orleans Louisiana that she inherited from her father when he passed in 2008. She's decided to rent it out but it has not been insured since that time. Since this will be the start of ou...

Hello All!So my question is: if I am a veteran entitled to the VA Home Loan, and I own an LLC.  Can I purchase an investment property with the LLC?  Or must I personal expose myself and purchase the property personall...

Good morning fellow BPers,I have tossed and turned about llc vs umbrella insurance and have finally concluded that umbrella would work better for me. My question to you all is: is there a rough thumb rule to determine...

What amount in personal liability insurance should I carry on each of my properties?

I know that this has been asked here in the past but how do you handle liability issues of being sued?  Do you put your properties iinto LLC?  Do you have an umbrella policy for problems that may come up?  Do you do b...

Interested in everyone's pros and cons for bundling home insurance. I own two duplexes for rent in Philly and my residence in Miami; yet all three policies are under difference insurance providers. What are some of th...

At what point is an LLC necessary? I read that the LLC requires a lot more attention to detail in order for it to protect any property. If I own two properties, would it be helpful to have an LLC or is it better to ...

1. Do you prefer getting an LLC for your property or to use an Umbrella insurance? if either other then why? Which is normally cheaper? and which is the safer easier option in your opion?2. Do you think its smart to h...

If I own an investment property that is not in my wife's name and do a quit claim deed on our home that we own together, making my wife the sole owner of our home, will that remove the chance of any legal action made ...

I own 1 rental property and was wondering if I should put it on LLC.  Just wondering what are the pros and cons or if its even necessary.  Thanks in advance!