Ideally, I would like to have an LLC for each property I purchase so as not to put an property at risk due to the others.Thanks again!

Hey there not sure if you have yet to find financing for this property..if not please contact me...this is something I deal with on a daily basis.

Hello Robert, I just joined today and looking to network with individuals.

second question is if the answer is no to first question, then do you people think taking the core coureses for becoming a broker is helpful for an individual who would like to do the above?

The individual loan officers working for the broker do not, and many of the loan officers have no clue about the real estate market.

The depreciation recapture and capital gain taxes would flow through to your individual income tax returns.

As well as fully taking advantage of my privileges in working side by side with some of the most talented and optimistic individuals the net has to offer.

To separate gas service you will dealing with the gas supplier to actually install the meters, but you will have to have a plumber rerun the gas lines from where the meters will be to each unit individually.

He pointed out that those guys made much less than I did and that if I hired a roofing contractor their employees made less than me.I pointed out that while those guys earned less individually they would have 6-10 of them on the roof which probably added up to what I earned and that I had NEVER seen a "roofer" install a roof correctly.

[/list:u][list]Since we've all got the desire but no experience, would it best to find a person experienced at this at the local REIA and make them part of the LLC or maybe just hire them as a project manager/consultant[/list:u][list]If we wanted to get a hard money loan for this deal, would that be in the LLC's name or one of the individuals in the LLC?