Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Thomas Houpt

Thomas Houpt has started 1 posts and replied 2 times.

Post: Thoughts on Starting a LLC

Thomas HouptPosted
  • Posts 2
  • Votes 0

@Jaysen Medhurst thanks for the input, that is the way I was leaning. Especially since it helps to keep everything simpler when I start drinking from the firehose with my first one 

Post: Thoughts on Starting a LLC

Thomas HouptPosted
  • Posts 2
  • Votes 0

Hey Everyone,

I am about 6 months out from starting the actual process of hunting down my first deal. I am renting for another 12 months. I would ideally like my first property to be a house hack (looking for a 2-4 unit building to stay in the residential space and not get into commercial just yet). After reading Garrett Sutton's book "Start Your Own Corporation" it seems like an LLC would be the best way to protect myself from lawsuits and situations of that nature. That being said, I know it can be more difficult to obtain a loan with a business that does not have a financial history. What are your thoughts here?

Thanks,

Tom Houpt