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Updated almost 1 year ago,
Creating an LLC, and putting existing investment properties under it
Hi all,
I was hoping I could ask for some advice here. When I first started real estate investing, my mentor told me that I don't have to worry about creating an LLC to start since it'll eat into my cashflow. However, I've been reading how it's just best to be safe. I have 3 properties under my belt, but I haven't created an LLC. I have a couple questions.
- Does anyone know how to properly structure an LLC? Should I reach out to someone for all this?
- What can I do to put those properties under an LLC?
Thank you!