Giovanni C.
How do you protect yourself from liability when starting out?
Hello and thanks for taking the time of your day to read this.My question is how do most you of you go about protecting yourselves from liability when starting out? Do you incorporate, LLC, or just use your name when ...
Kate Lively
Rental investment Condo in Dumbo
Buying condo in cash in Dumbo. Will live in it for a few months then rent it out. Any thoughts on if I should convert ownership of condo into an llc or keep it under my personal name once I start renting it?
Also, ne...
Paul Nieberding
Start LLC now or later
I'm Looking to buy my third property. The first two deals were duplexes, currently looking at an 8 unit for around 500k. I understand all the pros and cons of an LLC. I'm not poor but I'm not exactly rich either. Shou...
Cris Johnson
General Liability insurance on STR
I attempted a search but couldn’t find a good answer. Those of you that have STR’s under an LLC, do you have general liability insurance on your LLC? My bank recommended it but I hadn’t heard of it specifically before...
Daniel Sabato
Legal Risks of Real Estate Investing Remotely
Hey Everyone, I’ve started to build my team (Property Manager, Contractors, CPA) & I’ve started to wonder if it’s worth it to speak with an attorney & make sure I am protected. I live in NJ but invest in Misso...
Charli Stevens
Landlord v BOP Insurance w/ an LLC
So, we set up an LLC for the rental properties that we have. I am not sure the attorney has been successful in actually getting the properties under the name of the LLC. So, what is the best insurance policy for us to...
Fred Ramos
Property Insurance questions
Hi all. I've been purchasing properties to hold and rent for almost two years now and am not quite sure how to handle the property insurances coming due. When I purchased these properties, I paid for the homeowners ...
Grant H.
First multi family property
I am looking into a duplex in a major city in Texas that is listed for ~$300k and has total gross income of $3,100/month (so it meets the 1% rule). Tenants pay their own utilities, except owner covers water. Plan is t...
M T Naughton
Protecting Equity Other than Refinancing
Hello,
I started operating STRs this year and am nervous that someone will sue me and take my equity. All of my properties have gone up significantly. I would refinance but rates are horrible. The properties are alr...
Jordan White
What insurances do I need.
As a new landlord, what different types of insurance do I need to make sure I'm covered from liabilities? TIA