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Updated over 6 years ago on . Most recent reply

Vincent Finn's profile image
Vincent Finn's profile image
Vincent Finn
  • Flipper/Rehabber
  • from Atlanta, GA
  • Member since Apr 13, 2019

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36
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7
Votes
Vincent Finn's profile image
Vincent Finn's profile image
Vincent Finn
  • Flipper/Rehabber
  • from Atlanta, GA
  • Member since Apr 13, 2019
Vincent Finn
  • Flipper/Rehabber
  • Atlanta, GA
7
Votes |
36
Posts
Goals, Business Plans & Entities

LLC FOR REI START UP

Vincent Finn
  • Flipper/Rehabber
  • Atlanta, GA
Posted

Hi BP Family,

I am new here. I am looking to get started investing in Real Estate- do I need to get a LLC before I start looking for deals? Why?

Any tips and/or advice are welcomed.

Thank you!

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Scott Jensen's profile image
Scott Jensen's profile image
Scott Jensen
  • Financial Advisor
  • from Blaine, MN
  • Member since Aug 6, 2014

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Scott Jensen's profile image
Scott Jensen's profile image
Scott Jensen
  • Financial Advisor
  • from Blaine, MN
  • Member since Aug 6, 2014
Scott Jensen
  • Financial Advisor
  • Blaine, MN
387
Votes |
477
Posts
Scott Jensen
  • Financial Advisor
  • Blaine, MN
Replied

Nope, you need deals. Once you have some assets to protect you may want to think about getting an LLC and/or a good liability insurance policy. Don't let the business structure hold you back from getting started.

  • Scott Jensen
    • 1 Vote
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