Dan D. replied to the topic Gen. Liability Insurance Program for Land Flippers – Interest from LA Members? in the forum **Pro-Only Members – Ask A Question** 4 days, 1 hour ago
To further Kahlil’s point in his follow up comment above, 2 things:
1. Don’t confuse liability with title insurance. I think the Jack Butala video comments referred to in one of the comments above pertained to title insurance, not liability insurance.
2. The reason you buy this type of liability insurance (in my opinion) is to hedge out…[Read more]
Dan D. replied to the topic Gen. Liability Insurance Program for Land Flippers – Interest from LA Members? in the forum **Pro-Only Members – Ask A Question** 6 days, 4 hours ago
Thanks a lot for proposing this. This issue of insurance has been on my to-do list to handle for a while now. I would absolutely be interested in exactly what you suggested. Here are my answers:
a) You’d be interested or not in something like this to cover your land flipping business
Yes – Definitely.
b) You’d be willing to pay…[Read more]
Joe, Marcus, and Kevin – Good points, all… thanks for your input.
I asked an attorney for an opinion on which deal-making activities would require a real estate license in Arizona (asked about finders fees, a couple types of wholesaling deal structures, etc). The response was a bit frustrating… he said that the lines weren’t very clear in…[Read more]
Hey Trevor, thanks for your feedback. Yeah I agree it would involve solving a couple tricky issues to make it work in a way that’s legal and not so much of a pain that it’s not worth it.
And maybe that mean’s it’s not doable, but it seems there’s probably a lot of additional business for all of us to do if we can figure it out, and come up…[Read more]
Hi Everyone. I’ve been a member for a while now, but I haven’t participated much, due to time constraints… sorry! I’ll try to partially make up for it here with a War & Peace novel of a post… put your reading glasses on!
If anyone else is interested, I’m looking to explore ways to make it super easy for all of us to exchange leads with each o…[Read more]
Hi everyone – I just joined a couple months ago. Looking forward to getting to know everyone and discuss land investing ideas here on this forum. I’ve been investing in land for a couple years, and have been meaning to join this site for a while, but hadn’t gotten around to it. Now that I’m here, I realize I shouldn’t have waited! The quality of…[Read more]