Should I form an LLC?

[Robin Castillo]

Hi all, 

Will be starting out as an investor mostly buy and hold. Currently working on my credit and saving some more but should be ready in a year or less. I have different strategies in mind but my main concern is if I should start an LLC now or after I buy a few properties? I'll be focusing on multifamily and might house hack, thank you for the help!!

[Katie Smith]

Hey Robin!

Starting an LLC before purchasing properties can be a great idea, especially if you're focusing on multifamily and buy-and-hold strategies. An LLC can help protect your personal assets by limiting liability, and it also allows you to establish business credit early, which can be useful as you scale your portfolio. Plus, having an LLC in place from the start can streamline the process of acquiring and managing properties under a business entity. It's something worth considering before your first purchase!