Should I get an LLC for my first property?

[Alec Jacobs]

Hello everyone.

I am brand new to real estate and I have heard about the benefits of LLCs but was wondering if they are necessary when starting out. If an LLC is unnecessary at the start, what other options are there? I was also thinking of getting a separate bank account for real estate only but if I scale would I get a separate bank account for each property or just have one all encompassing account? Any advice would be super helpful.

Thank you!