I JUST Bought My First Rental, Should I Put It In An LLC? скачать в хорошем качестве

I JUST Bought My First Rental, Should I Put It In An LLC?

Hi YouTube, thanks for watching Mentorship Monday! This program is from The Derosa Group, check us out online at www.derosagroup.com. If you have real estate questions, submit them to us via email at helpme@derosagroup.com. Today's question comes from two people, their questions were so similar we decided to consolodate them! Here they are in their own words: From Paul: watch your Utube posts and heard you encouraged newbies in Real-Estate asset protection. Here is my question: For a newbie with just one property. Is it advisable to be spending money creating Holding company at this early stage yet. Knowing that creating fresh Holding Company costs at least $2000 in legal-fee to create The Parent company and about a bit over $1000 for each Operational-LLC for each state to set-up. Although the protection of Business-friendly states likely WYOMING & so forth are worth it. At the same time spending cash you have not even made at this beginning stage? does that make sense financially? What is your word of Wisdom on this please. Would it just make sense to for now register a regular LLC for now and in future once the Property has began generating fund then setup properly.? Help Please since you have been doing this for a longer period. And from Perera: I came across your you tube videos recently and appreciate the content you are publishing. My husband and I have just bought our first investment property. We bought the property in our name. Want to form and LLC and have few questions. If we only have just one property, should we form an LLC? Should we use our home address when forming the LLC? What is the best way to find and hire a real estate lawyer? 📘Grab Your Copy of "Raising Private Capital" Available now on Amazon https://amzn.to/2LkYEi7 As always, please email us any real estate questions to HelpMe@DeRosaGroup.com and we will answer them on an upcoming episode! Mentorship Monday for Real Estate Investors    • Wholesaling, Investing Tips, & Much More w...   Raising Private Capital for Your Real Estate Deals    • Lesson 1 - Things You Must Know BEFORE Rai...   Buy and Hold Real Estate Investing    • How I Turned a DUPLEX into 20 Units!   Facebook:   / thederosagroup   Website: https://www.derosagroup.com/ Learn More about The DeRosa Group by Checking out our popular videos: How I bought a 18 Unit apartment with NO MONEY out of Pocket    • How I Bought A 18 Unit Apartment Building ...   Share This Video:    • I JUST Bought My First Rental, Should I Pu...   #MattFaircloth #derosagroup