Updated over 7 years ago on . Most recent reply
LLC or Liability insurance?
Hello BP Community, I recently start investing in RE, I will own 9 SFH thru turnkey company's at the end of this year, I'm not sure if I'm ready to set up a LLC company for asset protection or just go with an umbrella liability insurance policy, I live in California and all the REI are in other states, any advice will be greatly appreciated.
-Mario Palacios.
Most Popular Reply
Your rental policy plus umbrella should be enough.
Our umbrella covers all our rentals in Tennessee and southern ca
Once your ten mortgages are filled up, you may need a llc to qualify for portfolio loans.