Which comes first? Company or the properties

[Vincent Gamboa]

Hello all,

I am newer to REI as well as BP and I'm close to looking at actually obtaining my first property. I was wondering, is it better to start a company such as an LLC before I start buying properties? Or does it make some sense to just start off doing so in my own name until I get a handle on things and have more than a few properties? I intend to do a little bit of all REI techniques with said company.

Thank you all in advance for the assitance. 

-Vincent Gamboa

[Ruth Bayang]

Hi @Vincent Gamboa. What are you planning to do with properties? Buy and hold? Flip? 

I'm not an attorney or CPA and this is my opinion only. To just get your first one, it doesn't matter. Do it in your own name.
But if you want to do this as a business, you will need one LLC for flipping and a different for your buy/holds.
Are you a member of REAPS (reapsweb.com) ? Come to a meeting (first one free) if you haven't. Lots of people in RE and businesses that support RE investors there, including attorneys and CPAs who get RE.