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Updated almost 19 years ago,

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what's the real business deal?

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Posted

Hi again all,
I have a question. A lot of the books I've been reading say "never buy real estate in your own name!! Start a business!" Most talk about LLCs and the like. Well it makes sense to me since I'm all about protecting my name and personal accounts, but is it realistic, especially from the start? Can you even start a business without any real estate under your belt? can things be transferred into a business name later? And what about starting out with "subject to" deals until you get a little experience? I dunno, it's just a little confusing to me. Anyone have any input/advise/words of wisdom?

B

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