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Updated over 10 years ago on . Most recent reply

User Stats

62
Posts
24
Votes
Jennifer Hollstein
  • Home Rehabber
  • Rockaway, NJ
24
Votes |
62
Posts

Just starting out- started my LLC now what.. Insurance requirements??

Jennifer Hollstein
  • Home Rehabber
  • Rockaway, NJ
Posted

I have my LLC, and I have a property I am putting an offer in on to fix up and flip. What do I need in terms of insurance if any? Do I need workers Comp or anything that I have not thought about.

I am going to do some of the work on this one myself. I don't have the money to hire contractors for some of the items. Maybe in the future. Also this is not going to be a full time gig right now so I'm not afraid to get dirty. In fact my goal for the next 12 calendar year is 2 flips. Besides my dad is a contractor and my brothers are licensed electricians so I do have some qualified help.

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