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Updated almost 4 years ago on . Most recent reply

Justin Kwan's profile image
Justin Kwan's profile image
Justin Kwan
  • Rental Property Investor
  • from Cleveland, OH
  • Member since Feb 27, 2021
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Justin Kwan's profile image
Justin Kwan's profile image
Justin Kwan
  • Rental Property Investor
  • from Cleveland, OH
  • Member since Feb 27, 2021
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Justin Kwan
  • Rental Property Investor
  • Cleveland, OH
2
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6
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Goals, Business Plans & Entities

Should I start an LLC?

Justin Kwan
  • Rental Property Investor
  • Cleveland, OH
Posted

Good Morning, All. Making head way to purchasing my first rental utilizing the BRRRR strategy and OPM/Partnerships to fund the purchase and rehab. Should I create an LLC? What are the pro's and con's? Any insight is helpful!

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Tanvir Sattar's profile image
Tanvir Sattar's profile image
Tanvir Sattar
  • Rental Property Investor
  • from Cincinnati, Ohio
  • Member since Apr 15, 2020
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Tanvir Sattar's profile image
Tanvir Sattar's profile image
Tanvir Sattar
  • Rental Property Investor
  • from Cincinnati, Ohio
  • Member since Apr 15, 2020
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Tanvir Sattar
  • Rental Property Investor
  • Cincinnati, OH
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Tanvir Sattar
  • Rental Property Investor
  • Cincinnati, OH
Replied

@Justin Kwan I agree with @Joe Splitrock. Additionally, here is a quick read on advantages and disadvantages of putting your properties into an LLC.

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