Nick Furukawa
Forming My First LLC
I am looking to purchase my first investment property this summer in Indiana and I am currently looking into forming my LLC in the coming weeks so I can get my business bank account set up and start tracking tax deduc...
Uriel A Leon Trujillo
ASSET PROTECTION- LLC, Liability Insurance, Umbrella insurance
So guys, i own a 5 unit property, this is my first property. It is a house, with 4 studios on the back area. I have leases in place and a managing company taking care of the property. I have been reading regarding LLC...
Penny Clark
Changing to LLC After Paying Off Property
Hi Everyone,After scrimping and saving for four years, we've been able to pay off the mortgages on two properties we own. Our concern is that two homes free and clear could become a substantial financial target if we ...
Courtney T.
Why establish an LLC for my rentals?
I see people post about their LLCs and I haven't quite determine the value in that. I own 3 SFH in CA and manage them all. Is there something I'm missing?
Johnathan Alesso
Minimum liability coverage on rental units
Happy New Year, everyone!I am under contract for a multi-property turnkey deal that covers a rust-belt area of central PA. I am comparing insurance rates for the portfolio and was offered widely varying quotes. What...
Jordan Alequin
SFR House Hack Insurance
Wife and I are purchasing a single family home (primary residence) with an ADU in Florida. We'll be insuring the home with Citizens through Farmers since we have other policies with them. How can we protect ourselves ...
Reya Ripet
Impossible to get 300k liability (landlord insurance) ?
Hi all.
I'm sure others have noticed (in Florida) how impossible it is to get a landlord policy with 300k liability coverage (in a single policy).
I just recently got a new roof , because of difficult insurance agen...
Matt Pastier
Liability insurance question for a rental
I have my first buy and hold rental in contract and am really excited about it. I got an insurance quote from the same agent that does our primary home and our cars. The quote includes the insurance for the structure,...
Karac Davis
Liability and insurance on first rental
Townhouse in my name. Mortgage with the bank is 2.75 percent in my personal name. 28 years left. Deed is in my name. Bank won’t let me change the mortgage to an llc, said I have to pay it off and refinance with a comm...
Mary Jay
Umbrella liability insurance covering personal+ business assets?
Hi guys,will you please be so kind and let me know if its a wise thing to do to have an umbrella liability policy covering my personal assets (car, my house) plus my real estate investments (rentals) ?If I have an umb...