Company/LLC Name ideas

[Sean Delagrange]

Hey Everyone,

Quick question I'd love some advice on. Just bought my first rental property and I'm going to form an LLC and move it over to that ownership. The goal is to purchase more properties over the years mainly as income/cash flow producing investments, with the occasional flip down the road as well.

My question is around the suffix before the "LLC" in the company name. I've seen posts on here about this, but I'm curious what the consensus favorites are (and if there are any that are not advisable or that raise red flags - that will be very helpful). I've seen some people say not to use "investments" or "properties" for fear of lenders not dishing out loans, but I've had really no problem so far and I've been up front that I'm purchasing as an investment property. Would an LLC change that?

Here’s what I’m choosing between, in no particular order. We’ll use XYZ as the placeholder before the suffix.

XYZ Properties, LLC

XYZ Capital, LLC

XYZ Real Estate, LLC

XYZ Homes, LLC

XYZ Investments, LLC

XYZ Holdings, LLC

XYZ Assets, LLC

XYZ Property Group, LLC

XYZ Equities, LLC

XYZ Ventures, LLC

What are your thoughts? I really think “Capital” is clean and sharp, but does it make sense here? I like the others too, but assuredly not every option will be available when I file so I’m just trying to narrow it down.

Thanks in advance!

[Matt Nico]

Originally posted by @Sean Delagrange:

Hey Everyone,

Quick question I'd love some advice on. Just bought my first rental property and I'm going to form an LLC and move it over to that ownership. The goal is to purchase more properties over the years mainly as income/cash flow producing investments, with the occasional flip down the road as well.

My question is around the suffix before the "LLC" in the company name. I've seen posts on here about this, but I'm curious what the consensus favorites are (and if there are any that are not advisable or that raise red flags - that will be very helpful). I've seen some people say not to use "investments" or "properties" for fear of lenders not dishing out loans, but I've had really no problem so far and I've been up front that I'm purchasing as an investment property. Would an LLC change that?

Here’s what I’m choosing between, in no particular order. We’ll use XYZ as the placeholder before the suffix.

XYZ Properties, LLC

XYZ Capital, LLC

XYZ Real Estate, LLC

XYZ Homes, LLC

XYZ Investments, LLC

XYZ Holdings, LLC

XYZ Assets, LLC

XYZ Property Group, LLC

XYZ Equities, LLC

XYZ Ventures, LLC

What are your thoughts? I really think “Capital” is clean and sharp, but does it make sense here? I like the others too, but assuredly not every option will be available when I file so I’m just trying to narrow it down.

Thanks in advance!

 Sean,

You do not need an LLC with 1 property. If you'd like to create it go for it, but I would absolutely NOT move the property into the LLC. It could trigger a due on sale clause. If you are worried about liability with the home being in your name, don't be (yet). When you are a small organization you usually don't have anything worth taking. Continue to put properties in your own name as this gives you the best interest rate and terms. As you grow I would look into an "Umbrella Policy" which actually protects you just as well if not better. Listen to the real estate rookie shows. They talk a good amount on this subject.

Also for your LLC name, here are thoughts:

1. If you are planning on going to be a full time real estate investor now, start telling people what you are doing and think of a good name. As an example, mine has "Estates" on the end. People love it.

2. If you do create one, I created a branded logo and named my LLC. I have T-shirts, Business cards, and my truck is a very specific color which everyone knows me by. To everyone who know me, I am "The guy who knows real estate"

Hope this helps,

Matt