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Updated over 5 years ago on . Most recent reply

Just started learning this stuff
Hello everyone! I just read Rich Dad, Poor Dad and recently started The Book on Rental Property Investing and I have a question. Should I create an LLC before buying my first property? I'm sorry if this has been asked before, but I haven't seen it answered in the books as of yet.
Most Popular Reply

Originally posted by @Brian Downs:
Anthony, the only thing that's holding me back is a lack of knowledge. I'm not the type to just run blindly into something without any kind of information about it first. :)
Good move. Just "jumping in" can lead to disaster...and slow you down having to recover from mistakes you probably wouldn't have made with more knowledge. There's a limit to how much you need to start.