first steps in starting your buisness

[Timothy Drake]

Hello,

I had a few questions. I have seen a lot on this site for steps to buying rentals and flips but my questions are on the business side. My brother and I want to start a business. We want to buy real estate for rentals and filps. I need information on the best way t start this business. Is a LLC the best way to go? Then do I need to get a business license? I am getting ready to start the courses to get my real estate license. When buying property it should be under a business name instead of personal? These are the few questions I have. There is a lot more to know but baby steps lol

[Al Williamson]

Hi @timothy drake

@Timothy Drake

I would suggest just starting under your own name and then using more advance strategies as your empire grows. You'll need to build your LLC's credit over time - so start with your own credit and progress.

Hope that helps.