So in the end, it’s 3 entities, but at least this way they’re totally separated (instead of having one own the other), which makes me feel like we’re more protected.Plus, my RE partner and I work as consultants for our day job anyway (software/data and business), so if we decided to venture out and do independent consulting, we’d already have our consulting firms created.I wanted to reach out to the brains of BP, whether you’re an attorney, accountant/CPA, or experienced investor, to see what you think of this setup and if you can poke holes in it.

HGTV had become a source of inspiration for us and confirmed that we wanted to get into real estate, but we didn't know how and didn't have enough cash saved up to do a flip.

@Chris Mason That is a bizarre conversation - and just confirms my belief that alot (not all) agents are a half step better than Used car salesman.

@Robert Courtney In my state, if you go to court and bring the contract proving that you are under contract on the home, the judge can either move out the auction date or maybe not confirm the auction sale; I am not sure which because we haven't done it, but a friend of mine who's company bought like a thousand homes in the area over the past few years has a lawyer that does that for him.  

I am leaning towards an LLC, but just want to bounce the idea off of an attorney to confirm my opinion.  

Brandon will confirm all that. 

Has anyone tried this software for landlords, Turbotenant?

I've browsed your forums for a few weeks and it seems you have some quality information--I hope that this will finally get me into the trenches as a principal in RE (outside of REIT investing and helping to broker a REPE deal while I worked at one of the big investment banks).Goal: ~15-20 unit Multifamily value add (likely hold) in WA State; likely urban infill class C/C-; 20%-30% down on a total deal between $600k-$1.5mmProblem: I have been working in Singapore as a C-suite exec at a software startup for the past two years (offices in Singapore and Manila), but recently resigned and will be moving back to good 'ole America (Seattle) on March 1.

I am looking for a management software for a small 33 units self storage complex I just purchased. 

Someone from Memphis Invest made sure I was getting routine updates about the property, checking that I had my mortgage paperwork moving along, and confirming that I had inspections done.