Creating Series of LLC for multiple properties?

[Denise S.]

Ok I am going to start creating a few letters of intents with hopes of getting a deal under contract... however I want some form of privacy and protection, if I proceed with purchasing these properties, asset protection, etc.

I came across this forum and saw this strategy of creating a series of llc's to protect each individual asset under a main operating llc.

• referencing a comment made by: Bradley B. Clark here:
• http://www.biggerpockets.com/renewsblog/2013/08/17/rental-properties-llc/

I wonder if you are buying buy and hold properties in more than one state,
for instance like Texas and California...

Do I have to create a main llc in both states, do I need separate eins for each llc? in each state? or.. is that just madness..lol

Anyone have current experience in this and advice?

Thanks!!!