Gilles D.
Liability issue and optimal tax structure
Hello everyone,I am an overseas investor and own 3 SFH in America.Currently, they are owned in my personal name.I know putting the properties in an LLC, even if it's solely used as a pass through entity, provides me w...
Chad Hotovec
Commercial Insurance Policy and Liability Amounts
I'm currently in the middle of my first deal, which is exciting. Learning something new every day. Part way into the process we decided to not purchase the house using conventional financing but instead us a commerc...
Nicolette Alger
LLC or other form of asset protection?
My husband and I closed on our first two properties a few weeks ago. We need to set up some sort of protection. We were thinking about putting them into an LLC, but with my reading there seems to be drawbacks to tha...
Carlos O.
Where to form LLC?
I am planning to see a lawyer within the next week or so. I am definitely planning to create an LLC. However, my issue is that I still haven't settled down on a target market.For those that have experience with LLCs:1...
Tom Lipps
Multi Family Insurance - Replacement Cost vs Actual Cash Value
Hi BP!I have a question for you. My insurance Agent gave me two options to ensure my Duplex:1) Replacement Cost - if building is damaged the company buys the cost to replace the item including current labor and mate...
Taylor Cook
Should I Quit Claim into LLC?
I am really having a hard time deciding if we should keep our rental in our name or quit claim. Is there anyone on here who did not quit claim and is ok with having property in personal name? This is a four apartment ...
Lisa Wrigley
Insuring my commercial property
My business currently resides in my commercial property. My business is an S corp but the real estate is owned by me personally. I am wondering how I can protect my business real estate and personal home etc should ...
Yaron Horsky
More then one property
Hello all,
I'm in the middle of a contract for my second property, and I have some questions about insurance.
1. How do you select your insurance policy? Do you ask for number of quotes and compare?
2. When you h...
Nick Ragucci
Insurance Company Recommendation
Any one have recommendations for insurance companies for multiple properties ? Umbrella companies also
Lee Liberman
Poll of largest lawsuit settlements
I wanted to see if anyone would be willing to share what the largest settlements they were involved in as a landlord. The goal would be to try to ascertain the amount of coverage that is needed for my insurance polic...