Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago on . Most recent reply
How to protect an apartment complex
I've been looking at investing in a small apartment complex, probably anywhere from 15-30 units. Anyone with experience in apartment complexes, how do you protect your investment? One separate LLC for the complex?
I have also been looking out of state to accomplish this since California is more expensive. I would plan on having a property manager company handle most of the day to day. Any out of state investors who have done this that can provide pros/cons?
Most Popular Reply
Greg Dickerson
#2 Land & New Construction Contributor
#2 Land & New Construction Contributor
- Developer
- Charlottesville, VA
- 4,399
- Votes |
- 4,756
- Posts
Greg Dickerson#2 Land & New Construction Contributor
#2 Land & New Construction Contributor
- Developer
- Charlottesville, VA
Your attorney will most likely have you set up an LLC operating company that is the Member off the LLC that will hold title to the property.
If your going out of state you may as well go bigger if you can.