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I don't know much about insurance so I need to ask...I have aquired 4 SFR rental properties and am shooting for 6-7 I have a separate insurance policy on each one. Is there such a thing as blanket insurance to have on...
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I am new to this short-term and vacation rental. I have had my rental rented for few years on one year lease, recently trying to change it to furnished short-term, vacation home rental on airbnb. How is the working wi...
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This is our situation. Let me know what is the right path for us - Trust and sole proprietorship OR trust and LLC OR something else? We have rental homes in CA and in AZ. We plan to add all of those under our trust. R...
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What is the best way to hold investment property from an estate planning perspective and to be passed down to heirs? My CFP told me under person name is ok. Looking to see if there are differing opinions. This is p...
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Hello everyone,I'm seeking some information and advice about insuring our rentals. We have a fairly substantial amount of SFRs in our portfolio, many of them lower cost houses in different cities in Michigan. The prob...
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I have 4 rental properties in Missouri but live in California. Planning to form an LLC and transfer properties into LLC. I will be an only owner of LLC to avoid filing a separate Federal tax return.Questions :Does i...
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Right now I only have 300k scheduled for liability on the first property we are closing on. I could pay $55.00 more per year on a $700.00 policy to up that to 1m. I'm thinking this is a good idea. I am being tol...
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Hello all,If I am just getting started in investing, and am planning on picking up a few properties this year and then scaling, I wanted to know your thoughts about opening a business.Is it recommended to open an LLC ...
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Hi, I was talking to a lawyer about drafting up a lease / rental agreement for me.He quickly suggested it is a good idea to setup a LLC, he said it is going to be $2500. He said then the tenant can't find out who I ...
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For a restaurant buildout in your own property, what type of insurance do you need from contractors that will protect you? What if some contractors did work without the proper insurance, how to protect from future law...