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Updated about 6 years ago on . Most recent reply

User Stats

4
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2
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Chris J.
  • Rental Property Investor
  • State College, PA
2
Votes |
4
Posts

New to REI and BP with LLC questions

Chris J.
  • Rental Property Investor
  • State College, PA
Posted

Good morning, I'm just getting started in REI, and at my brother's recommendation, I've been listening to the BP podcast and I'm reading Rich Dad Poor Dad. I know this is likely a throwback for most people on the forums, but I recently listened to show five which discusses death. I'm planning on creating an LLC with a partner that has experience in REI and the podcast has me thinking about who should be included as members of the LLC. If I were to unexpectedly pass away, should my wife be a member, my kids? I figured it doesn't hurt to ask before creating the LLC. Thanks for reading and thanks in advance for any feedback.

  • Chris J.
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