Is it wise to create an LLC before the purchase of a Multifamily property?

Thoughts?

Thanks in advance! $$$

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $150,000

Cash invested: $20,000

Sale price: $260,000

Contributors:
Peter Vekselman

Partner Driv...

Hello all I'm a newbie wholesaler and would like to know how to go about buying and wholesaling a deal where the homeowner is offering to do a
owner-finance just to make the deal work for my end-buyer. How and/or ...

Hi there!My husband and I closed two weeks ago on our first duplex and I quit my job to begin working for myself (I am an architect). I am looking for any recommendations to a local CPA in Los Angeles area. And wanted...

House...  Where should I start to get a ballpark cost to build a house on a vacant lot? I deeply appreciate all input.I am looking to get a ballpark cost to build a 4 bedroom, 3 bathroom home on a lot in Desert Hot Sp...

Hi everyone, my name is Max, I'm 20 years old and have recently gone under contract for my first home. This is my first post on the platform, and I'm looking for some advice and guidance. I've found a house and three...

I'm looking to start my journey investing in real estate. I'm a 26 year-old recent college graduate living in a college town in Stevens Point, Wisconsin. After finding Bigger Pockets and the concept of house hacking I...

I have a handful of properties which are all managed by the same property manager. They use Rent Manager, and I'm able to log in and view all the standard reports as well as a complete general ledger detail. However, ...

Hi!  I've just joined biggerpockets to learn about the best options for buy my first REI.  I hope to purchase a multifamily in Reading or Easton PA outright, improve it, and use the income to pay off my student loans ...

Just posting this to see if others who buy NPLs and do loss mit have had any success using a virtual assistant to handle borrower outreach. Any input on this?