When starting out in wholesaling real estate, it's important to use agreements that protect all parties involved while ensuring a smooth transaction process.

It won’t be privacy, it won’t be asset protection.

I’m also looking into self-settled spendthrift trusts to add an extra layer of protection, especially as my portfolio grows.

I will provide more information later.The two main setups are:1- Holding company in Wyoming if I want Charging Order Protections advantages, then a Series LLC in Kansas holding my Kansas RE and another Series LLC in Missouri holding my RE in Missouri.2- Holding company in Wyoming if I want Charging Order Protections advantages, then form as many LLCs as I want inside of it, one per rental or one LLC per 2 o 3 rentals.Fees are pretty reasonable and the same as they disclosed before the appointment, on their website or youtube videos.

Liability Protection: Transferring to an LLC provides asset protection but may not always be worth the hassle or cost.Next Steps: Review your loan agreements, consult your lender, and get advice from a real estate attorney and tax pro to ensure everything’s compliant and beneficial.

., property management companies aren’t legally required to carry general liability insurance, but it’s highly recommended for protection against bodily injury or property damage claims.

If you live in the house, and an LLC owns it.....there is zero liability protection created by that LLC.

A local agent recently got sued for calling an old client who was on the Do Not Call list. It seems ridiculous, but that's the world we live in now. With the increasing number of lawsuits and penalties for TCPA violat...

I purchased a 3 family in Newark NJ in March of this year, and am curious about looking into this form of insurance as a way to further protect myself. 

An LLC is useful for two things: anonymity and legal protection.