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All Forum Posts by: Daniel Jones

Daniel Jones has started 1 posts and replied 2 times.

Post: Asset protection strategies

Daniel JonesPosted
  • Posts 2
  • Votes 0

Hey, David: That's kind of the direction I am thinking. One LLC that is the member/owner of several other LLC's that own several properties each. An LLC for each property would just be more than I want to try to keep up with... Thanks for the help!

Post: Asset protection strategies

Daniel JonesPosted
  • Posts 2
  • Votes 0

I am a relatively new investor with only 3 rental properties, but want to expand. Concerned about asset protection; looking for ideas. I have an LLC which owns my current properties. I have heard that some people create an LLC for each property, but that seems cumbersome esp. if they each have their own bank account, etc. How do you guys who have 10, 20, 30+ doors do it?