If said guru also has a relationship with an LLC creation company that over-charges by thousands of dollars, then it’s obvious why they tell you that you need one!   

Contracting is all about relationships , knowing who to call and when to call them .

A property manager may be a hard egg to crack but once cracked (built trust or relationship), they can open many doors since they can be your advocate and have access to many homes.this is the case with apartment complexes.   

Avoid C-Corps, as they incur double taxation.Use LLCs for rentals and consider an S-Corp election for flips if income justifies the additional complexity.This post does not create a CPA-Client relationship.

Its pretty awesome (BTW, I am not affiliated with FUB, just a passionate users)You can capture all the homeowner demographics along with associated relationships and information - pictures, files, emails, notes, calls, text, etc.You can have a team number(s) at no addition costs (we use it to lead generate for different states and can be configured to round-robin. 

Permitting is painfully slow, even with long cultivated relationships with the county.

For now, consult a CPA to determine the best structure based on your income and investment goals.This post does not create a CPA-Client relationship.

Combine these benefits with GI Bill-funded real estate education to expand your knowledge.This post does not create a CPA-Client relationship.

If real estate is involved, separating it into its own LLC before the sale can simplify the process and make it easier to leverage a 1031 exchange.This post does not create a CPA-Client relationship.

Do they have solid banking relationships and broker relationships to lease out the units.