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Updated over 9 years ago on . Most recent reply
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Help! Is Vesting properties like naming wifi networks?
I need some advice. How important is the name of the LLC you vest your property into? Is it like naming a wifi network? Basically I'm wondering if there's a tangible difference between "Skyler's funky company LLC" and "Secured Multifamily Investments." Would potential buyers care? Would other investors care? I'm sure I'm not seeing something here, but I can't think of the negative consequences of goofy names right now. How do you guys choose your LLC names?
This is the "there are two types of people" meme. Are there two types of investors?
Most Popular Reply
Shouldn't matter as long as the name listed when you sell it matches what you took title as. That's all anyone's really going to care about. When I was working in the title industry I saw people that would set up LLC's for each individual property and name them based on the address...like "1505 Elm St., LLC".