So choose wisely and good luck I like the passive nature myself of boat and RV storage.

If someone injures themselves and sues, they will be suing the LLC and not you personally.

I would never own rental properties in my personal name.

I have several opportunities to snag up a self storage complex and a 18 unit apartment complex on creative financing .

I will be more then happy to share my experience since purchasing the property in 2019.Anyone here currently investing in areas outside of SFH/Multi's such as mixed-use & storage b facilities?

July 2022 we sold our largest and best self storage development.  

@Brice Alef-TorrisiHaving one checking account per property is an excellent way to keep your property finances separate from one another and your personal finances.

(Keep in mind there are Fannie Mae maximums on the number of personal loans you can have - which is 10 per person.

Fees:The Set-Up Fee is $50The IRA Annual Fee is $275 (flat fee regardless of the number of assets & regardless of the account value)The Direction of Investment fee is $10**The Wire Fee is $15See our fee schedule for Crypto-currency feesPlease refer to the fee schedule to see metals storage costs.

The key is to identify personal property from real property.