And you get the benefit of having 50 past ones to catch up on.Two Great reads, I bought both J.

And you get the benefit of having 50 past ones to catch up on.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.Two Great reads, I bought both J.

We currently have a couple of SFHs and small Multifamilies (fourplex/duplex) and was inspired by the BP podcast about the small apartment buildings and the benefits it provides.

And you get the benefit of having 50 past ones to catch up on.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.Two Great reads, I bought both J.

And you get the benefit of having 50 past ones to catch up on.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.

And you get the benefit of having 50 past ones to catch up on.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.Good luckPaul

I live in Illinois so the upfront costs of an LLC are pretty high like 500 to 600 in filing fees plus whatever legal costs are incurred in drafting the agreement and operating agreement, and 250 yearly maintenance (have to pad the corrupt politicians salaries somehow).Another question I have is what benefit does an operating agreement serve?

I have a local partner there who is a US citizen/resident and we would like to go in it together i.e. split the funds, mortgage, costs, etc.I know there are different structures available such as LLC, LLP, LP and a plain partnership, and wanted to know what the benefits and disadvantages are of each regarding things like taxes, liability, etc.

For the time being though, my full-time job is great for helping me to fund my investing and also for making contacts that will benefit my investing.

Take your time and evaluate the cost, reward benefits and then make your decision.