Would you mind advising at what point in an investment career its best to LLC?

Hi I'm Anand Patel, and i'm highly motivated to start my career in Real estate, in Toronto Area (GTA) I can help you the real estate investor for free in anything,i just need your knowledge.

As a professional who earns his money elsewhere, I generally pick up new property every three or so years.

That’s not what I was referring to.I have hired and managed a lot of people in my career (and fired a few).

Hello all,I’m early into my RE career, transitioning out of a corporate finance and banking background to start my own firm.

I've never had more than 1 at a time but haven't really leaned in to make it a primary business for a way to eventually replace my current career field.

I've never had more than 1 at a time but haven't really leaned in to make it a primary business for a way to eventually replace my current career field.

This is the quick math I put together:Buying my own home = 400k = 10k in buying commissions.Selling my rental property = 300k = 9k in commissions for the selling broker (I account I would need to pay 7k in commissions to the buyer's agent)Buying another investment property = 8k in commissions.Assuming I would split my earned commissions with my future managing broker, in the 70/30 ratio, it means I would earn 19.000$ in commissions just with my own deals.I would appreciate any advice or suggestions on this strategy, it seems too good to be true and most likely I'm missing something. 

I'm sure eventually I will outsource this task, when my investing career in much further along. 

Good luck on your new career path!