However I also recommend anyone purchasing real estate in an LLC being able to articulate precisely why they are buying their real state in that entity with a full understanding of the benefits.

Many people don't buy because they are concerned about this and that.

It may be more difficult to get financing and a good rate buying through an LLC. 

I personally think you can successfully market both your property management (PM) and buy/sell real estate services under one brand if you position them correctly.

Moving and buying your first piece of real estate is a lot in the next year!

You can also use some low-down payment mortgage products to continue buying in your back yard while house hacking and renting to others. 

Originally posted by @Max Gradowitz:I'm in CA and the most common LLC-related question I get is "I live in CA, I want to buy properties in other states, what state should I open an LLC in so I can save money?"

We were there looking for another property that we could buy together on the beach that we could rent out as a short-term vacation rental.We we're living it up and having a fantastic time zip lining, eating delicious food, and seeing the monkeys in the wild.it seems like from the moment I returned from that trip in August 2022 the real estate market completely changed.

I  Income:  The amount of property you can buy will be dependent on your Debt to Income ratio.  

However, my true goal has always been to develop, buy, and manage real estate—something I’ve dreamed about since I was 12 years old.