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Updated over 2 years ago on . Most recent reply

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Christian White
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Looking to buy my second rental property should I get a LLC?

Christian White
Posted

I currently have one rental property and I am looking to buy more. should I continue to buy more real estate in my name or create a LLC? Looking for some advice on pros and cons

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Mike S.
  • Investor
  • Broward County, FL
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Mike S.
  • Investor
  • Broward County, FL
Replied

This questions has been beaten to death on this forum already. A quick search will give you pages and pages of answers.

Short answer: it's up to you. It depends on the risk you are willing to assume. Some are not using LLC, other like me are using one LLC per property, and you have plenty in between using the same LLC for multiple properties.

A very good primer on asset protection for real estate investor is the Clint Coons Youtube channel where you will find hours of relevant content.

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