How to Buy Rental Property with an LLC: 3 Simple Steps
ฝัง
- เผยแพร่เมื่อ 3 ก.ค. 2024
- How to buy rental properties with an LLC also known as a limited liability company. Now spoiler alert: buying a rental property with an LLC in 2021 is a lot easier than you may think, especially if you are a new investor because you don’t have to go backward.
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Please tell us in the comment section whether or not you are an aspiring or current real estate investor. We really want to know.
Timestamps:
Intro: (0:00)
3 Factors for Buying Rental Properties with LLC (1:41)
Step #1 - Businss Structure (6:00)
Step #2 - Get Registered (6:55)
Step #3 - Get Financing (8:38)
Conventional Loans (8:55)
Portfolio Loans (9:52)
Rehabs Loans (11:00)
Bonus Tip #1 (12:00)
Bonus Tip #2 (13:03)
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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).
Watch this next: "How Many LLCs Do You Need for Real Estate Investing?" - th-cam.com/video/aLMlGgbnMUc/w-d-xo.html
So true
@@franknewbill5226 I am a real estate investor I have three four properties
@@staceyharley8314 how do I get in touch with you
Planning to own at least 10 properties before I turn 30
How old are you now?
@@LYFEAccounting 25
do you have any properties now?
@@LYFEAccounting just one! single family home
Love it, but it is definitely possible. Best of luck with your future investments
Current real estate investor buying through my LLC. Currently have 7 units and am looking at another property that will give me 14 units and will double my monthly rental income. 🙏
Wow, Brian this is so awesome! You are an inspiration to so many, so I had to pin this comment.
@@LYFEAccounting Thank you. Anyone can do it! I’d recommend that people read as many books as they can on real estate and investing, watching informative TH-cam channels such as this one, talk to realtors and property investors in your area to gain info and insight, and to learn everyday. Knowing as much as you can about money, interest, investing and minimizing tax liability are hugely important. Have a good contact at your local bank. Be as involved as possible with every aspect of your properties. Good debt is highly useful but bad financial moves will break you. Just make progress everyday. Do something daily to move yourself closer towards your ultimate goal.
this is amazing!!!! GOALS
@briane.buxton3076 how do you buy through your LLC?
Always amazing free content! I literally paid for workshops that took 5hrs to explain what yall do in 15mn 💚
I'm an aspiring real estate investor. I love your content!!!
I know this is off the topic but damn you #fine 🤤
And funny too. REALLY.
I am a rookie, Real Estate Investor. Your videos are very helpful and informative.
I appreciate that! Thanks so much for sharing
As of now I have two rental properties, but I still consider myself a novice investor right now still learning and growing so yes the videos are extremely helpful. 👍🏾🔥
I’m not a real estate investor, however I’m looking to purchase farm land for my business and I’m finding it extremely challenging to get a mortgage as an entrepreneur 😣 Please do more videos on buying property, mortgages, etc! Really appreciate the gems ❤️
Thanks for sharing!! I love what you are doing, so many great long-term advantages and benefits. Best of luck to you!
Very helpful content, please keep up the great work that you and your team are doing.
Yes, I am starting my real estate investing journey. And I appreciate this content!
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Just starting out in our real-estate goals, this video was EXTREAMLY helpful...... Thank You :)
aspiring real estate investor. Thank you for breaking it down in simple terms!
An aspiring real estate investor. I am excited about this video,can’t wait to continue watching!
Straight to the point bro 💯
An aspiring real estate investor. Very good content and very helpful! You explained it very well! Kudos!
I'm an aspiring investor looking to get my LLC started. Love the content thanks!!
Yes, we do love your real estate videos. Make more. Thank you 🙏
Great session I am an aspiring rental property investor please keep the information coming!
Thank you!!! ***Edit*** was still listening when I commented my appreciation. You answered some questions I've had for a month or so. Praise GOD your video popped up in the 'suggestions". Thank you again!
Wow so glad I found you, I'm an aspiring real estate investor. Keep these videos coming ty👏👍
This was really good I currently have 3 investment properties under my name and I’ve been trying to figure out how to transfer at least 2 to my business name. All are rentals and have mortgages my tenants are currently paying my company and the company pays the mortgages ( so operating like a property management company) I didn’t know most mortgages you can have is 4 that’s good to know. Because I certainly don’t want to pay all them off because of the tax advantages but at the same time now I’ve got to figure out how to acquire more properties thanks
Did you transfer yet...if so let me know the process please
Aspiring investor. Definitely lots of good gems in this easy to understand video. Keep up the good work
Yes please! More videos like this please! Multifamily, flipping, managing investments you DID NOT buy under ur LLC 🤗 ALL OF IT!
Hello. I Am A Current Investor. I Love Your Videos. Keep...Them Coming! Thank You For Sharing!
Thank you bro! thank youuuuuuu. Don’t stop this type of content.
I’ve previously owned rental property, thinking of getting back into rental property. Thank you for the information you are truly inspiring.
Just completed LLC, currently building business credit. Clear content. Thanks.
Aspiring real estate investor. I was literally about to set up a LLC, but this video has given me much needed information to research more before I dive in. Thanks.
Aspiring real estate investor, this was extremely helpful!
I’m an aspiring real estate investor. Just trying to consume as much knowledge as I can before I start investing. Thank you for your knowledge!
🔥 🔥 🔥
Thanks for this . I need this
You are the man! Thank you for the information!
This will be my first property. Great free content.
Aspiring Real Estate Investor, Such Good information , Thank You
I am listening to your video now, and it is helping me to understand what to do
I’m an aspiring real estate investor and this video was very helpful. The portfolio loan was news to
me. I never heard of it before.
Thank you for the video! I am an inspiring Real Estate Investor. This information has been extremely helpful and informative!
Thank you so much. You explained it so well. I am an aspiring investor.
Aspiring Real Estate Investor. Yes, please bring more content on this subject.
Finally someone who explains the concept very well and someone who is to the point! Thanks a lot for this!
Glad you enjoyed it!
You changing the world brother thank you
I have been thinking of getting into real estate investing. Thank you for this video!
I’m a current investor and definitely will need an accountant for next year, LYFE videos are great and helping me through the real state journey.
Great information. I am currently a real estate investor. It is one of the best things that I have done up to date.
I am a current real estate investor. Thanks for making these videos
Aspiring real estate investor ty for your video
I’m glad I found your channel thank you for the info
I am looking into starting my LLC. This was very informative. Thanks!
Aspiring real estate investor. Thank you for your video. Great information.
This is great please keep them up!
Inspired investor. You are dope keep thriving.
Just starting out 💯 Thank you for the simple, easy to follow, tips🙂
I’m an inspiring real estate investor, thank you so much for this informative video.
Love the information that you give
A current investor. You gave great info. Keep it up.
Thank you! I am an aspiring real estate investor. I greatly appreciate your videos. Keep them coming!
Thank you! Will do!
Wow that's great idea thank you for sharing this
Aspiring investor! Keep the valuable information coming!!!!
Thank you and keep making these videos
You all are great best videos out there!
Yes keep dropping. I am a new investor. Sean your good looks! Stop some of us is looking at you like that! Lol
Great video. Super informative. Thanks for making these videos.
Inspiring Real Estate Investor here! Thanks for the information!
Good content brother! I’m a property owner but I’m interested in property investing so I’m a new investor. You’re content was very helpful.
Thank you, Sir. This is really conscientious information. God bless you.
Can't wait to get my first one and thanks for all the info
Im an aspiring property manager and want to get into real estate investing. This was truly helpful. It gave me a lot of ideas and options for when I do start the journey. I have my own travel biz LLC as a massage therapist but want to start a property management company too.
Thanks for the information. ...very helpful to me
Newbie RE Investor here! I've been in analysis paralysis for so long! Time to make some moves!! I have my LLC set up and EIN. Progress!
This video was great. Thanks for the info. I'm subscribing
Hi Lyfe team! Love your work here on YT. I am an aspiring investor learning the ropes.
I am an inspiring Real Estate Investor. Thank you so very much for all this valuable info!
New to the real estate market and attempting to learn as much as I can! I love that you do these videos and I really appreciate the information, so keep going my brother! You are appreciated!
Thank you, I appreciate your comment. Have you Acquired any properties yet?
Just thank you for the huge info nuggets 🙂
Good information. Thank you
Great info! Thanks for sharing
This was so well-said and informative. Thank you, I learned so much. And thats quite a bit for a person who skims through videos, but yours was very good from start to finish.
Aspiring real estate investor... if i wanna purchade more than one property,do i need LLC for each one of them?
Yes please continue to make Real Estate video's. I have a LLC & I am a aspiring Real Estate Agent.
Aspiring real-estate investor. Thank you for your time and effort.
My pleasure! Best of luck with your future investments :)
Thankyou so much for this video
I'm start and this video was very helpful
A current investor real informative
Fab video awesome love the channel.
I am an aspiring investor, please continue to make these types of videos. They are very help. Thank you some much needed info
More to come!
I'm a aspiring real estate investor. This was a great video....planning on starting a llc just for this purpose on real estate. Keep the great information coming!!
Will do Marlon! Thanks for supporting the channel.
I know this is over a year old but this was very clear, precise and extremely helpful..
Appreciate the knowledge.
Great content!! I’m an aspiring investor
This is good. Thank you.
I am an inspiring real estate investor & Thankyou this was very helpful
Love your content 😊
I’m an aspiring investor.
Aspiring investor; great info.
Aspiring investor and new subscriber 👌🏽
i am an aspiring real estate investor, and this was very informative!
Very helpful info. Thank you!
YES, I inspire to start a LLC with hopes of purchasing REAL ESTATE properties.
Bless you and your colleagues for all off the excellent knowledgeable information that you are sharing.
Thank YOU for your support! You'll get there. 💪🏾
Aspiring to be an investor. Appreciate your channel
I am currently an investor. I am attempting to fine tune my portfolio. Thanks for your video.
Just got my LLC for real estate investing this month, this video was crystal clear appreciate this bro 💪🏾
@narayan hill how is it going? I’m looking into doing this, but I’m scared of failure 😣
@@MsGvill Nooooooooo, that's not an option!!
@narayan hill 🤷🏻♀️ I can be someone’s biggest cheerleader, but when it comes to me doing it, I back down! And I’m tired of working for someone that pays chump change! Lol. How is your investment going? Any tips?
@@MsGvill Still working on buying my 1st property, everything is pretty expensive right now but I do have all my funding together for when its time
@Narayan Hill that’s amazing! Good luck!
I am both. I currently own investment properties. However, I am just now getting into purchasing properties using an LLC. Thank you as this video was/is extremely useful and informative.