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Updated 11 months ago, 02/12/2024

User Stats

140
Posts
27
Votes
Peyton LaBarbera
  • Investor
  • Connecticut
27
Votes |
140
Posts

How do you protect your properties?

Peyton LaBarbera
  • Investor
  • Connecticut
Posted

Let's say I have 3 fix and flips going on at the same time and I want to make sure each property is protected now of course I have all of the proper insurance I need but what about keeping each property separate from each other?

Now I have two different ideas... the first is to set up each property with its own LLC and the second idea is to set up one LLC and inside this LLC a title-holding land trust for each of the properties this way after each flip I don't have to keep setting up and closing an LLC

Let me know your guy's thoughts on this situation,

Thank you.

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