My name is Dontae. First off I just wanna ask everyone, how is your investing going as of today? Hopefully everything's smooth sailing and I wish you the best of luck on making it in this business. Now to my point so yesterday I had a long talk with a partner of mine who preached the importance of ownership. I took heed to what was said and now I wanna start my own LLC. But first I need a name. Any Suggestions???
For me it depended on the purpose of my company. When I established my property management corp (to manage my own rentals), I wanted it to kind of sound like something you may have heard of. A generic 2 name co, like the investment firms. When I established my first LLC to hold commercial apt buildings, I wanted it to sound like the address or types of apts I was buying. In either case I had a specific purpose or a specific apt building under contract first. I wouldn't go out and establish a business entity willy-nilly to maybe buy a house someday. I would not put single-family homes into an LLC until I had a bunch and they were paid off. What is your business purpose or goal @Dontae Dixon ?
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