Looking for advice / general guidance

[Marcus Perez]

Hi BP!

I'm a relatively new real estate investor, I live in NJ, but currently investing in Orlando FL, started last year with 3 properties. I'm looking for advice on how to setup the company structure, right now I have multiple LLCs, but I'm seen ppl also setup a holding company for additional protection and usually setup the LLCs where the properties are located, I have mine setup in the state where I live (NJ), I have many questions about what is the recommended approach.

- Should setup a holding company this early, or does it make sense after certain number of properties?

- Should I move the LLCs to FL, or is registering as a foreign company the same long term?

Looking forward to great advice from the community!