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Updated 7 months ago,
Setting up a real estate management company
Looking for a little advice on the best type of company setup to manage a real estate portfolio. Not looking to be a property manager or PM company just put in place a separate company that manages the LLCs that hold the real estate.
I'm guessing the management company would collect all rents, pay expenses etc and the individual LLC would just own the real estate. Would the management company be stand alone? I'm guessing it wouldn't own the other LLCs that hold the assets? Thanks!