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Jeff Keys
  • Investor
  • Fredericksburg, VA
5
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19
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Setting up a LLC for commercial investing?

Jeff Keys
  • Investor
  • Fredericksburg, VA
Posted Jun 18 2015, 14:17

Hello, i have a question regarding setting up a LLC for commercial RE investing. I plan on starting out with apartment buildings and was wondering if i need a general LLC or any other type of corp. to get started even though i plan on putting each building under its own LLC? For example, i plan on going out to local property managers and brokers to build relationships with but having no LLC or business name i think it will be hard to create credibility. I plan on raising private funds so from what i have read i may need a special type of security corp? Could you explain this type of corporation please? I plan on insuring each building separate along with it's own LLC so do i really need a general LLC to market with? Any advice regarding setting up LLCs or any other info i may need to invest in commercial RE will be greatly appreciated!
Thank you for your time!

-Jeff