Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Goals, Business Plans & Entities
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Bryan Smith
0
Votes |
2
Posts

How should properties, owned by a LLC, be managed

Bryan Smith
Posted

In the next few months I'm looking to purchase my first property and I've read everything i can but seem unable to find an answer to this particular question. I plan to own the property in a LLC and more properties to come since I'm hoping to utilize the BRRRR method. If I manage the properties myself, what entity does the actual managing? Ultimately I plan to have several LLCs for the multiple properties. Not trying to do a LLC per property but I also don't want all my eggs in one basket... I want a happy medium. Can I manage properties from different LLCs, all owned by me, under one name? A separate property management LLC? As a sole proprietorship? Does each LLC have to manage their own properties thus requiring several websites, business cards, etc...

I know some of this is kind of long term thinking, and the business card thing is hardly that important, but since I'm unable to move on my first rental until I get back stateside I may as well strategize about the growth I plan to have. 

Loading replies...