Currently I just have good landlord / umbrella coverage on all the properties and don’t leverage any LLCs.

Honestly, it would be amazing if there was a tool where you could plug in an address and get all this market intelligence in one place… but I haven’t found anything that comprehensive yet.How do you handle the research side?

There are multi-disciplined consultants who do a more comprehensive review of all potential constraints, but I think they charge 5-10k approx, so may not be worth it on a smaller project. 

Hi! Thank you for reading. We are purchasing a manufactured home on a double lot that has squatters. We have legal assistance lined up to start the removal process on closing day. We will be renovating the property, n...

Your bank will require proof of coverage each year, and they will want it in your name.

I hate to go in and put all the money on to flip the house and then have it catch on fire or something crazy with no coverage

Equally as important is ensuring the general contractor and sub-contractors maintain general liability coverage and workers comp coverage (if they have employees).

Whatever you decide, I’m a licensed insurance agent in NC and can help you look into coverage options for your rentals.

If you are utilizing 3rd party builders, E&O/professional liability coverage is a huge gap in coverage.

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