All Forum Posts by: Tyler Caglia

We've all seen the dozens of opinionated posts about LLC vs. no LLC, maxing out personal umbrella insurance vs. creating legal entities, whether it's worth it to create holding companies, pros/cons of series LLCs, and so on. These are all very helpful, and I've referenced them many times.

However, rather than another post full of differing opinions on legal structure and the “I’m not a lawyer but...” advice, I’m interested in knowing WHAT you’ve done rather than why. How is your portfolio structured? Do you have legal entities? If so, is each property in a separate entity? What type of entities? Separate entity for management? Holding companies? Living trusts involved? I think it would be really interesting to know how investors have structured their assets, from those just starting out to seasoned investors.

Feel free to share as much or as little information as you’d like.

Thanks in advance!

Thanks Alma. Yes I have. That’s been my primary focus lately as I’m refinancing properties 2 and 3. There are plenty of options out there, just depends on how you structured the purchase and source of funding, what level of interest rate you’re after, and some other factors. I’ve got a much better understanding of the process now and have a solid plan going forward to address this. 

 No problem. That’s a bummer with your agent. Have you tried the basics in search of a new one? Look for highest rated on Zillow, Realtor, BP and start calling around until you find a good fit... 

 Thanks Ulrich! I appreciate it. Absolutely, feel free to PM me anytime.

 Thanks Greg! I really appreciate the feedback. Glad you found value in the time I spent putting it together. Based on the response I received to this post, I will definitely be sharing my future deals on BP.

 Thanks! I'm glad you found it helpful. Let me know if you have any questions I can help with along the way.

 Not bad. Sounds decent for a turn-key purchase.

 Absolutely, I'd be very interesting in discussing further. Curious on your cash flow comparisons between the short term and long term rentals.

I wouldn't say jumping markets as I'd keep buying in Columbus, more so geographical diversification over time. I've never wanted to have everything I own be in one market, so I'm always considering where that next one might be. Thanks for your input you continue to provide on OKC.

 Interesting... I’ll give OKC another look going forward. Thanks!