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Updated over 8 years ago on . Most recent reply

Erik Peddle's profile image
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Erik Peddle
  • Investor
  • from Denver, CO
  • Member since May 21, 2016
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Erik Peddle's profile image
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Erik Peddle
  • Investor
  • from Denver, CO
  • Member since May 21, 2016
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Erik Peddle
  • Investor
  • Denver, CO
22
Votes |
84
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General Landlording & Rental Properties

LLC for every property?

Erik Peddle
  • Investor
  • Denver, CO
Posted
Hey everyone. I have one 3/2 residential rental property and want to scale up with a multifamily purchase. Do I need to start an LLC for each property? What other basic legal setup is necessary for managing rentals legally? I am reading Brandon/heathers book on managing property so if these answers are there let me know. Lastly Are there any multifamily landlords out there in the Atlanta area that I could connect with? Best!
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Steve B.'s profile image
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Steve B.
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  • from Portland, Oregon
  • Member since Mar 4, 2014
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Steve B.
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  • from Portland, Oregon
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Steve B.
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  • Portland, OR
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Steve B.
  • Engineer
  • Portland, OR
Replied

If you need to "save up" to make time with an attorney you don't need an LLC. Case closed

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