All Forum Posts by: Charles Hsieh

Hi all, I have 9 properties (SFHs and duplexes) in KCMO, and 6 properties in KCKS (duplexes) all under my name or my wife's name. I'm planning to switch to an LLC this year:

1. Do you have any recommendations on a local good lawyer to set up the LLC that has a reasonable cost?

2. What is the best LLC structure? One property per LLC? Multi-properties per LLC? Or Series LLC per state?

Any recommendations would be greatly appreciated!

Charles

Hello BP family, I currently have 6 SFH, and 8 small multi in Kansas City (both MO and KS). Understand it is very risk to have all of them under my name.

Any recommendation on a good Real Estate lawyer with setting up a LLC?

I heard Series LLC is highly recommended and simple? Does it matter which state it is set up in (not sure if State tax plays into this)?

Any insight would be greatly appreciated!
  

Hi BiggerPocket family!

This is my first post since hopefully it's appropriate! I'm currently have a 1 primary and 6 investment properties across midwest. I'm running into the limit on # of fannie/mac conforming loans (I thought its 10 properties total, but apparently it caps at 6 investment prop). 

Do you have any recommendation what I should going forward? Private lenders? Any recommendation will be greatly appreciated since I currently have a property in escrow! Thank you BP community.

Charles