LLC's

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Is it really necessary to open a new LLC each and every time you want to do a paper flip?

Also, I am trying to build a buyer list.  Please contact me with any information in regards to this.  Thank you.

Originally posted by @Andrea Martin :

Is it really necessary to open a new LLC each and every time you want to do a paper flip?

Also, I am trying to build a buyer list.  Please contact me with any information in regards to this.  Thank you.

Welcome to BP.

Not necessary to open a new (or any) LLC to do a flip. Talk to your attorney and accountant for pros and cons of new LLCs (or not) for your specific goals/scenario.

For buyer list... google creating buyer list site:www.biggerpockets.com for 10+ hours of reading regarding this topic.