All Forum Posts by: Account Closed

Of course not....  This is one of many questions I'm considering as I formulate my strategy...

Interesting, I hadn't considered the partnering route.  I'm new the the BiggerPockets ecosystem, if I were to explore that route, what's the best way to look for such a parter?

Single member LLC for each property? Or a single member LLC that has all the properties?

Heh, right on  ;)

I have the cash to start buying and holding single family and multi-family rentals and am looking to invest in 3-5 properties over this next year. I want to invest in different areas in the US depending on where I can find the best deals. My thought is that I would form an S-corporation as the main entity and then register an LLC for each property (all owned by the S-corporation) to keep liabilities separated. Is there a drawback of structuring it this way? Is there a better way to do it?

I've owned rental properties before, but they've been old houses that I've lived in that I've upgraded and then just rented out the old house.  I just sold one and have 1 remaining in California.  I just moved to Southern Washington.

I have about $200k saved up to use for real estate investing and will be able to add about $20k or so per month.  Right now I'm thinking about either investing in single family homes or multi-family units for buy and hold (out of the area), or potentially offering hard money loans.

I really don't like the "prospecting" or "sales" aspects of real estate investing, but I love figuring out how to structure a deal and I love analyzing and running the numbers.

Do I go the buy and hold route or the hard money route?  In either case, I will need to figure out how to find either the properties that make sense or the investors that need loans.

I would love to hear your opinions as I figure out the route I want to go.

Thank you,