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James Heacock
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Owning rental properties through an LLC-questions

James Heacock
Posted

Hi everyone. I am doing research on owning rental properties through one or more LLCs and buying a property through a company such as Memphis Invest. I am getting caught up on the details, causing me to delay. I was hoping that there would be someone who owns their properties out of state through their LLCs that would be willing to chat with me occasionally as I get started. I am just trying to avoid mistakes before I purchase a property, but also want to get past my paralysis due to certain parts of the process being unknown to me. Thanks!

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John Morgan
#3 Managing Your Property Contributor
  • Rental Property Investor
  • Grand Prairie, TX
2,947
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2,458
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John Morgan
#3 Managing Your Property Contributor
  • Rental Property Investor
  • Grand Prairie, TX
Replied
Originally posted by @Account Closed:

@John Morgan May I ask what an STR is?

STR stands for short term rental. That was my first investment in Branson, Missouri. It rents out by the night with VRBO etc.

  • John Morgan
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