Starting out - need advice

[Shane R Williamson]

So my wife and I have made the decision to start a real estate investing company. I have done tons of research and so excited to get started. I have a few questions below, please give me some feedback !

1. Is it a smart time to buy a property

2. Is there a certain % of equity I should try to obtain right off the bat to mitigate risk.

3. I'm thinking of starting the business the LLC route. Does anyone have another view as to why LLC isn't the best route ?

[Cody Neumann]

@Shane R Williamson

Most of the time it is smart to buy a property as long as you buy it right

I typically shoot for value add deals where I can add value and keep 25% equity in the property

I would consult a CPA regarding the LLC if that's better or an umbrellapolicy for your situation