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Updated about 9 years ago on . Most recent reply

Kaleb Carsten's profile image
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Kaleb Carsten
  • Investor
  • from Mitchell, South Dakota
  • Member since Jan 30, 2016
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Kaleb Carsten's profile image
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Kaleb Carsten
  • Investor
  • from Mitchell, South Dakota
  • Member since Jan 30, 2016
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Kaleb Carsten
  • Investor
  • Mitchell, SD
21
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86
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General Real Estate Investing

Business or Deal

Kaleb Carsten
  • Investor
  • Mitchell, SD
Posted

I'm ready to admit this may be a less than intelligent question but could someone tell me is it better to get a legal entity set up before your first deal? Or should you get a track record first then with about getting the legal entity set up?

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Jeff Robert's profile image
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Jeff Robert
  • Real Estate Agent
  • from Grand Rapids, MI
  • Member since Jan 20, 2016
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Jeff Robert
  • Real Estate Agent
  • from Grand Rapids, MI
  • Member since Jan 20, 2016
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Jeff Robert
  • Real Estate Agent
  • Grand Rapids, MI
56
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127
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Jeff Robert
  • Real Estate Agent
  • Grand Rapids, MI
Replied

Get the entity set up first.  It shouldn't cost much in SD, and you'll have it for any banking or protection needs from the start.  And welcome to BP!

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