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Updated over 9 years ago on . Most recent reply

User Stats

7
Posts
2
Votes
Gary Swift
  • Suitland, MD
2
Votes |
7
Posts

LLC or personal? Where should I start?

Gary Swift
  • Suitland, MD
Posted

I am brand new to Real Estate Investing. I honestly believe i've found what i've been looking for my whole life. I due to close this week on my first 3bdrm sf investment property and is working thru my 2nd 3bdrm investment. My goal is to have about 5 rental by end-of-year with the possibilities of getting a minimun of another five next year. My biggest concern is starting right. My focus is primarily income and growth and I plan on doing this for the foreseeable future. Should I form a LLC and start everything related thru it or should I aquire a few properties first keeping it "ordinary"? What is the best way to start from 1? (Well zero--aint close yet)

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