What I do with notes is I have a portfolio of notes which some are for cash flow and some I knew I would foreclose. 

Long-term I want to build up a portfolio of properties. 

I purchased the unit as my first step in what I hope to be a successful real estate portfolio.

I am Nick , my wife and I are looking for investment properties in Sioux Falls, we are new to the RE game and this will be our first investment.

But from my understanding from my education what your confusing yourself is most likely going to be further down your investing game.

We have just expanded our portfolio to two single family home rentals.The new tenant is asking me to provide a receipt, so that I just bought a receipt book but that make me think if I now need to have a LLC to have Limited Liability on my rental.Thanks,Diego

When you have insurance/liability questions about your personal portfolio pre/post investment property purchase, I would be happy to help you!

I’m an insurance broker who works in all 50 states and I see far too often people, and RE investors especially, do not have their liability separated out correctly to mitigate their personal risk..Over and over I get the same types of questions when insuring a portfolio (of any size) from people who do notnfIlly understand the lIabIlIty they are exposed to..What questIons do you often have about where your liability extends to or what you’re exposed to?

Because of the growth of the past 6 years from when the Utah market bottomed in 2012, appreciation and principal pay down appear to be the only sane reasons to hold rentals in your portfolio in Utah - because compared to much of the rest of the country, the cash flow is lagging here. 

I have a couple investment properties but I'm still fairly new to the game.