Umbrella Company / DBA

[Paul R Schiller]

Hey All!  

I'm looking for experienced REI's with knowledge on how to properly set up a DBA or "Shell" company for what I'm looking to do. I want to have a solid Email/Biz Card/Title to advertise myself as, or "The Main Company" you could say, along with being able to form separate LLC's for each individual (groups of) property acquired for each separate investor, hope that makes sense.... Example below:

Biz Cards/Email as "XYZ Group"

-Property #1 with investor "X" forms LLC as "DL Properties"

-Property #2 with investor "Y" forms LLC as "BP Properties"

-Property #3 with investor "K" forms LLC as "NY Properties"

Etc Etc Etc.... I'm the Deal provider in all deals, representing MY company name, but forming different relationships with different investors and keeping them separate.... Any tips/pointers much appreciated!

Thanks, 

Paul R Schiller

[John Woodrich]

@Paul R Schiller you can setup parent subsidiary relationships with LLCs. For example you could have Shiller homes and under it you could have XZY LLC, JKUY LLC, etc which are all owned by Shiller Homes. You could then use this to brand yourself as Shiller Homes while leaving the other entities in their own LLCs...

You seem pretty concerned about the liability side of this, I would recommend you talk to @Brad Schaeppi who is an expert at this.  Cutting corners on setting this up correctly could make this a big waste of time on your end.