Looking for seasoned investor thoughts in my next step.

[Daniel Tywater]

Purchased a rental property approximately 3 years ago out of nowhere with no experience what so ever. I did a cash out refi on my primary residence and paid all cash. Original purchase price was $135k and put $10k to bring it to date. Home is now valued at approximately $375k. Fast foward to today, I want to start investing more. I found a duplex for $359k that checks all the boxes for me. Just wondering what are some of the ways you would structure this next purchase. Also I have not formed an LLC, but not opposed to creating one either.

[Alecia Loveless]

@Colin Brown Simply get an umbrella policy to cover the liability of holding the property in your own name.