Kyle M.
Umbrella Policy - First Rental
I purchased my first rental and am currently keeping it under my name (not an LLC). I am looking to add properties at a pace of 1 per year. Would an umbrella policy be the best option to cover me? What amount should...
Dan N.
Liability Coverage for a house within an LLC
I am in the process of buying a $170K house. I plan to own it in an LLC. I am quoting insurance companies and for liability coverage, I was wondering if the liability coverage should be approximately the same value of...
Jeffrey Evilsizor
Limiting Liability
I am a new investor. I have two houses in the Phoenix market under rehab for fix/flips in separate LLCs. I live in Kansas City. I have a trusted friend who is overseeing the rehabs that gives me confidence to invest...
Ryan Haase
How long does a claim count against the home?
We own a SFR that had two water damage claims, one in 2011 and one in 2012 for a total payout of $6,000. We bought the home in 2014, so these claim aren't against us, but against the home. I was just wondering how lon...
Kyle Doney
401k vs IUL
I'm interested in opinions on Indexed Universal Life Insurance vs. 401k options. I know both can be used to invest in real estate while saving for retirement. Its tough to find unbiased opinions on theses retirement...
Franc B.
Slow fridge leak damaged my floors can I claim on home owner’s insurance?
A slow leak has caused $2.5K damage to a rental property of mine. Does anyone know if home owner’s insurance would cover this? Looking for guidance before I submit a claim. Thank you.
Lucas Love
Asset Protection Plan
I am looking to protect my assets (undeveloped land, primary residence, investment accounts) as I build my rental properties up. I can’t put the rental in an LLC as it’s already under loan backed by Fannie May.
I tho...
Edward P.
Property that has two buildings
Hi BP,I just purchased a new 4-unit property which has a duplex and 2 single homes. My insruance will not insure the buildings together they will insure them if they are separate insurance. Do you have any ideas?Than...
Gurjot Grewal
Just had a handyman blow up at me over the phone. Did I do something wrong?
Small job. Asked for proof of insurance. It was like pulling teeth asking for this. He finally sends me an expired policy. I say hey it looks expired. At this point im assuming hes uninsured. He says no thats the sta...
Joe Surber
Dogs that are "Aggressive Breeds"
We are fairly new to this and have a very qualified family with pit bull mix that wants to rent our house. How do you handle renting to people who have dogs that are classified as "aggressive breeds"? Does the renters...