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Updated over 7 years ago on . Most recent reply

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Jeandre De Beer
  • Atlanta, GA
5
Votes |
3
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Duplex / Triplexes - Atlanta, GA

Jeandre De Beer
  • Atlanta, GA
Posted

Good Morning - I am new to US investment property.  I am from South Africa and recently purchased my first unit in Atlanta and I got my offer accepted for a duplex last week.

Going forward I would like to try my hand at triplex or larger.  It seems hard to find them in the Atlanta area - any ideas on the best place to start my search? 

I am also looking for good property managers in this area - i am not too happy with my current manager - any referral appreciated.

Most Popular Reply

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Rick Baggenstoss
  • Developer
  • Decatur, GA
1,034
Votes |
1,657
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Rick Baggenstoss
  • Developer
  • Decatur, GA
Replied

@Jeandre De Beer I don't think you need to do a separate LLC for each. It's too many tax returns and admin fees for too little income. Not to mention, you would have a hard time keeping them separated (checkbook, etc.).

One LLC per 10 to 20 units/ or $2M - $4M in assets makes more sense to me.

  • Rick Baggenstoss
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