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Rental Income Podcast With Dan Lane

4 Landlords Talk About LLC's and Insurance (EP 35)

Rental Income Podcast With Dan Lane

Rental Income Podcast

Investing, Entrepreneurship, Business

4.8835 Ratings

🗓️ 12 May 2015

⏱️ 19 minutes

🧾️ Download transcript

Summary

4 landlords share their experience about the best way to use insurance and LLC's to protect themselves.

Transcript

Click on a timestamp to play from that location

0:00.0

This is the Rental Income Podcast, where we talk to owners of rental properties and give you actionable tips and advice that would help you make more money while dealing with less hassle.

0:10.9

And now your host, Dan Lane.

0:13.0

I put together a list of seven things I wish I knew earlier about renting properties.

0:18.1

And you can download your free copy.

0:20.7

Just go to my website, free landlordgift.com.

0:24.8

The number one topic that I've had requested here on the show is about LLCs and insurance.

0:31.1

People want to hear more about how to protect themselves.

0:34.2

And I think this is an interesting topic that I know personally I want to learn more about.

0:39.8

And we have covered this a little bit on the show from time to time, but we haven't gone

0:44.0

real deep into the topic. And to be honest, a lot of the information that I've gotten,

0:49.4

both on the show and from conversations I've had off air is really conflicting. People just have different

0:56.3

ideas on what the best way to protect yourself is. So what I thought would be interesting today

1:02.0

is to talk to four different rental property owners to get their opinion and to see how they have

1:08.4

things set up and see what we can find out from them.

1:12.4

Before we get started on the show, I just want to remind everybody that I'm not an attorney,

1:17.8

I'm not an insurance agent, I'm not an accountant, and neither are my guests. My guests are

1:22.8

just giving you their personal information and the way they understand everything. But laws vary a lot from area to area.

1:30.5

And you definitely want to consult with an attorney or an insurance agent or an accountant

1:34.8

before you do anything.

1:36.1

Definitely keep in mind that this is just a podcast and we can't give you personal

1:41.3

advice for your exact situation.

1:44.7

So let's get right into the show.

...

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