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Updated 10 months ago on . Most recent reply

User Stats

16
Posts
12
Votes
Tyler Gilpin
12
Votes |
16
Posts

Should I get an LLC with 10 properties or less?

Tyler Gilpin
Posted

Question. I have 3 properties in my personal name (to get best rates). Considered waiting till I get 10 and maybe putting them all in a blanket loan and switching them to an LLC, or should I make an LLC and switch them now. Open to better strategies. Thoughts?

Most Popular Reply

User Stats

8
Posts
5
Votes
Muriel Paton
  • Port St Lucie, FL
5
Votes |
8
Posts
Muriel Paton
  • Port St Lucie, FL
Replied

Yes! You should have an LLC for each property to minimize risk and liability.

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