But each situation is unique as you know...much depends on market, your skills, budgets, etc..

I was recently watching a youtube video where a man claimed that statistics showed that 85% of good deals real estate deals came from personal or individual references, due to having buisness popularity or a great network.

These are the individuals that have multiple homes in the same grid.

You would still be the property owner.Having the loan in the name of the individual and the LLC titled to the LLC doesn't kick in the due on sale clause.

You will find an amazing community of like-minded individuals who know and love real estate investing, and helping each other.

Private individuals who want to partner on your deals.

Being so far away from town and really nothing special enough about it such as lakefront or unique lot I think you would have vacancy issues.

You will receive an Addict award along with a habit; as well as learning and retaining useful real estate information without struggling.We are considered to be the average of the 5 people we spend the most time with so connect with REIA meetings, accountability partners, and mastermind groups to engage with individuals interested in real estate investing.At the bottom of this page is a list with help in it.

I have read about individuals opening 2 LLC's and an S Corp, however with me being brand new to this and not at a rental stage, I am wondering what is my best option?

@Joe WardWelcome to the vibrant BP community, where you will find like minded individuals committed to REI and also helping others succeed.Your time on this social media site will be well spent.You have taken the 1st step by announcing your readiness and commitment to embark on a REI career.Whether you pursue, wholesale, rehab & fIip or buy and hold it's up to you to decide.The bottom line is that you must take action to start.