How to Buy Rental Property with an LLC: 3 Simple Steps

Поделиться
HTML-код
  • Опубликовано: 8 июл 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.
    Book a Tax Services Discovery Call: schedule.lyfetaxes.com/discov...
    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)
    Watch this next: "How Many LLCs Do You Need for Real Estate Investing? (truth)" - • How Many LLCs Do You N...
    Invest in Rental Property or Start a Business in 2022?! • Should You Buy a Renta...
    LLC Playlist: • The Best Business Enti...
    ///
    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).

Комментарии • 755

  • @LYFEAccounting
    @LYFEAccounting  2 года назад +32

    Watch this next: "How Many LLCs Do You Need for Real Estate Investing?" - ruclips.net/video/aLMlGgbnMUc/видео.html

    • @franknewbill5226
      @franknewbill5226 2 года назад +1

      So true

    • @staceyharley8314
      @staceyharley8314 2 года назад +1

      @@franknewbill5226 I am a real estate investor I have three four properties

    • @franknewbill5226
      @franknewbill5226 2 года назад

      @@staceyharley8314 how do I get in touch with you

  • @GojiCenter
    @GojiCenter 3 года назад +137

    Planning to own at least 10 properties before I turn 30

    • @LYFEAccounting
      @LYFEAccounting  3 года назад +2

      How old are you now?

    • @GojiCenter
      @GojiCenter 3 года назад +3

      @@LYFEAccounting 25

    • @LYFEAccounting
      @LYFEAccounting  3 года назад +3

      do you have any properties now?

    • @GojiCenter
      @GojiCenter 3 года назад +6

      @@LYFEAccounting just one! single family home

    • @LYFEAccounting
      @LYFEAccounting  3 года назад +6

      Love it, but it is definitely possible. Best of luck with your future investments

  • @bebin73
    @bebin73 3 года назад +34

    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. 🙏

    • @LYFEAccounting
      @LYFEAccounting  3 года назад +3

      Wow, Brian this is so awesome! You are an inspiration to so many, so I had to pin this comment.

    • @bebin73
      @bebin73 3 года назад +4

      @@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 RUclips 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.

    • @thatsmytay
      @thatsmytay 2 года назад

      this is amazing!!!! GOALS

    • @edubbs779
      @edubbs779 2 месяца назад

      @briane.buxton3076 how do you buy through your LLC?

  • @luluedw
    @luluedw 2 года назад +96

    Always amazing free content! I literally paid for workshops that took 5hrs to explain what yall do in 15mn 💚

    • @toyingueye6339
      @toyingueye6339 2 года назад +2

      I'm an aspiring real estate investor. I love your content!!!

    • @MrDozier23
      @MrDozier23 2 года назад

      I know this is off the topic but damn you #fine 🤤

    • @martinlamm7319
      @martinlamm7319 2 года назад

      And funny too. REALLY.

  • @Carleen02
    @Carleen02 2 года назад +28

    I am a rookie, Real Estate Investor. Your videos are very helpful and informative.

    • @LYFEAccounting
      @LYFEAccounting  2 года назад +1

      I appreciate that! Thanks so much for sharing

  • @andremccoy6751
    @andremccoy6751 2 года назад +26

    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. 👍🏾🔥

  • @isabellaharper3493
    @isabellaharper3493 2 года назад +23

    ASPIRING TRADERS SHOULD FOLLOW AND MIMIC THE MENTAL TRAITS, ATTITUDE, BELIEF SYSTEM AND TRADING PROCESSES OF THOSE SUCCESSFUL TRADERS AND INVESTORS THAT HAVE WALKED BEFORE THEM

    • @charlottegomez5279
      @charlottegomez5279 2 года назад

      When discussing crypto diversification frequently asked question is whether diversification is even possible

    • @charleslapson4939
      @charleslapson4939 2 года назад +1

      Understanding the various phases is critical because it can assist you in preparing and forecasting future price movements

    • @charleslapson4939
      @charleslapson4939 2 года назад

      Cryptocurrency is a very good option if you would like to trade online

    • @mohammadmurphy3927
      @mohammadmurphy3927 2 года назад

      @@charleslapson4939
      Please enlighten me more about online trade, I need it now

    • @nickcholasstampley1149
      @nickcholasstampley1149 2 года назад

      I have Mrs Laura Jasmine if you want to trade online

  • @MsBlue-ib3ql
    @MsBlue-ib3ql 2 года назад +1

    Yes, I am starting my real estate investing journey. And I appreciate this content!

  • @Rita-23
    @Rita-23 Год назад

    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!

  • @evangelinelee2233
    @evangelinelee2233 2 года назад +2

    An aspiring real estate investor. Very good content and very helpful! You explained it very well! Kudos!

  • @blocrose
    @blocrose 2 года назад +1

    Straight to the point bro 💯

  • @swagymom
    @swagymom 2 года назад

    An aspiring real estate investor. I am excited about this video,can’t wait to continue watching!

  • @makeitcommonknowledge8902
    @makeitcommonknowledge8902 2 года назад

    Just starting out in our real-estate goals, this video was EXTREAMLY helpful...... Thank You :)

  • @jblack414
    @jblack414 2 года назад +1

    I'm an aspiring investor looking to get my LLC started. Love the content thanks!!

  • @antoinettewest679
    @antoinettewest679 2 года назад +6

    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.

  • @vanessarosas9175
    @vanessarosas9175 2 года назад

    aspiring real estate investor. Thank you for breaking it down in simple terms!

  • @MOTSAHTHELAMBSWarrior22
    @MOTSAHTHELAMBSWarrior22 2 года назад +2

    Very helpful content, please keep up the great work that you and your team are doing.

  • @highpreistess327
    @highpreistess327 2 года назад +2

    Hello. I Am A Current Investor. I Love Your Videos. Keep...Them Coming! Thank You For Sharing!

  • @69Empresofdarknes69
    @69Empresofdarknes69 2 года назад +3

    Yes please! More videos like this please! Multifamily, flipping, managing investments you DID NOT buy under ur LLC 🤗 ALL OF IT!

  • @yvonnec3234
    @yvonnec3234 2 года назад

    I’ve previously owned rental property, thinking of getting back into rental property. Thank you for the information you are truly inspiring.

  • @isd605
    @isd605 2 года назад +2

    Thank you! I am an aspiring real estate investor. I greatly appreciate your videos. Keep them coming!

  • @brittanyhardwick8195
    @brittanyhardwick8195 2 года назад

    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!

  • @joseriverapadilla2011
    @joseriverapadilla2011 2 года назад +3

    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.

  • @beautyherbsandtea
    @beautyherbsandtea 3 года назад +28

    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 ❤️

    • @LYFEAccounting
      @LYFEAccounting  3 года назад +5

      Thanks for sharing!! I love what you are doing, so many great long-term advantages and benefits. Best of luck to you!

  • @jeffchartungol1039
    @jeffchartungol1039 2 года назад

    Just completed LLC, currently building business credit. Clear content. Thanks.

  • @ashmet1
    @ashmet1 2 года назад

    I am listening to your video now, and it is helping me to understand what to do

  • @rodneyvelasco9756
    @rodneyvelasco9756 2 года назад

    Great information. I am currently a real estate investor. It is one of the best things that I have done up to date.

  • @joijoi617
    @joijoi617 Год назад

    Thank you bro! thank youuuuuuu. Don’t stop this type of content.

  • @joshs6316
    @joshs6316 2 года назад

    Aspiring investor. Definitely lots of good gems in this easy to understand video. Keep up the good work

  • @helendillon3036
    @helendillon3036 2 года назад

    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.

  • @JnkAbstrq
    @JnkAbstrq 2 года назад

    🔥 🔥 🔥
    Thanks for this . I need this

  • @christalt5817
    @christalt5817 2 года назад +1

    Great session I am an aspiring rental property investor please keep the information coming!

  • @mspowell891
    @mspowell891 Год назад

    Love the information that you give

  • @akeemhathaway829
    @akeemhathaway829 2 года назад

    You changing the world brother thank you

  • @mja7282
    @mja7282 2 года назад

    Wow so glad I found you, I'm an aspiring real estate investor. Keep these videos coming ty👏👍

  • @emeraldking1142
    @emeraldking1142 Год назад +1

    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.

  • @monjokphilip4436
    @monjokphilip4436 2 года назад

    Inspired investor. You are dope keep thriving.

  • @r.haynes6781
    @r.haynes6781 2 года назад

    I am a current real estate investor. Thanks for making these videos

  • @excludedfolower
    @excludedfolower Год назад

    Aspiring real estate investor ty for your video

  • @victoriamoore3138
    @victoriamoore3138 2 года назад

    Aspiring real estate investor, this was extremely helpful!

  • @kidanyvaquero9675
    @kidanyvaquero9675 2 года назад

    You are the man! Thank you for the information!

  • @Z3lllio
    @Z3lllio 2 года назад +10

    Finally someone who explains the concept very well and someone who is to the point! Thanks a lot for this!

  • @gracepeace2266
    @gracepeace2266 2 года назад

    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.

    • @LYFEAccounting
      @LYFEAccounting  2 года назад

      Thank YOU for your support! You'll get there. 💪🏾

  • @RabiyyahBadruddin
    @RabiyyahBadruddin 3 года назад +16

    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!

    • @LYFEAccounting
      @LYFEAccounting  3 года назад

      Thank you, I appreciate your comment. Have you Acquired any properties yet?

  • @Givetheflowers
    @Givetheflowers 2 года назад +4

    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.

    • @ruthnyayiemi635
      @ruthnyayiemi635 2 года назад

      Aspiring real estate investor... if i wanna purchade more than one property,do i need LLC for each one of them?

  • @davidsantiago917
    @davidsantiago917 2 года назад

    Yes, we do love your real estate videos. Make more. Thank you 🙏

  • @ericastarnes7998
    @ericastarnes7998 2 года назад

    Aspiring real estate investor. Thank you for your video. Great information.

  • @marlonmcgee683
    @marlonmcgee683 2 года назад

    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!!

    • @LYFEAccounting
      @LYFEAccounting  2 года назад

      Will do Marlon! Thanks for supporting the channel.

  • @Juanita1_
    @Juanita1_ 2 года назад

    This is great please keep them up!

  • @tamerasmith8961
    @tamerasmith8961 2 года назад

    I am an aspiring investor, please continue to make these types of videos. They are very help. Thank you some much needed info

  • @ericasmith1457
    @ericasmith1457 2 года назад

    A current investor. You gave great info. Keep it up.

  • @charmaineleonard8879
    @charmaineleonard8879 9 месяцев назад

    Aspiring Real Estate Investor, Such Good information , Thank You

  • @karenphoenix8777
    @karenphoenix8777 2 года назад

    You all are great best videos out there!

  • @pamelasue8396
    @pamelasue8396 2 года назад

    I’m glad I found your channel thank you for the info

  • @CyprianIwuaba
    @CyprianIwuaba 2 года назад

    Thank you and keep making these videos

  • @Ylsrx82
    @Ylsrx82 2 года назад

    I have been thinking of getting into real estate investing. Thank you for this video!

  • @isaacsykes3
    @isaacsykes3 9 месяцев назад +1

    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.

  • @jasmineliketheflower8015
    @jasmineliketheflower8015 2 года назад

    Inspiring Real Estate Investor here! Thanks for the information!

  • @jenniferpegram7565
    @jenniferpegram7565 2 года назад

    Aspiring Real Estate Investor. Yes, please bring more content on this subject.

  • @missmariamendoza
    @missmariamendoza 2 года назад +2

    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!

  • @user-mv6nd7ug3s
    @user-mv6nd7ug3s 11 месяцев назад

    This will be my first property. Great free content.

  • @ceeceebess6720
    @ceeceebess6720 2 года назад

    Wow that's great idea thank you for sharing this

  • @margaritamorales8360
    @margaritamorales8360 2 года назад

    I am currently an investor. I am attempting to fine tune my portfolio. Thanks for your video.

  • @GriffithCapitalGroup
    @GriffithCapitalGroup Год назад

    This video was great. Thanks for the info. I'm subscribing

  • @lesliemem
    @lesliemem 2 года назад

    I am looking into starting my LLC. This was very informative. Thanks!

  • @treskitso
    @treskitso Год назад

    Can't wait to get my first one and thanks for all the info

  • @denverjohnson5640
    @denverjohnson5640 2 года назад

    Aspiring investor! Keep the valuable information coming!!!!

  • @911lucy69
    @911lucy69 2 года назад

    Thank you so much. You explained it so well. I am an aspiring investor.

  • @debramccray9784
    @debramccray9784 3 года назад +9

    An aspiring real estate investor, please continue with the videos they're very helpful, and informative of important facts about the entrepreneurial business matters. Thank you

    • @LYFEAccounting
      @LYFEAccounting  3 года назад

      Thanks for sharing! Glad your enjoying our videos :)

  • @isaiahboyd2163
    @isaiahboyd2163 2 года назад

    Aspiring real-estate investor. Thank you for your time and effort.

    • @LYFEAccounting
      @LYFEAccounting  2 года назад

      My pleasure! Best of luck with your future investments :)

  • @helenrobinson892
    @helenrobinson892 2 года назад

    Current real estate investor. Thanks for the video!

  • @misscris3893
    @misscris3893 6 месяцев назад

    Thankyou so much for this video

  • @thaddeuscaldwell7442
    @thaddeuscaldwell7442 2 года назад

    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.

  • @janellebrown5520
    @janellebrown5520 Год назад

    Just starting out 💯 Thank you for the simple, easy to follow, tips🙂

  • @nanandeleburley1507
    @nanandeleburley1507 2 года назад

    Yes please continue to make Real Estate video's. I have a LLC & I am a aspiring Real Estate Agent.

  • @Khaderah17
    @Khaderah17 2 года назад

    I’m an inspiring real estate investor, thank you so much for this informative video.

  • @JoseTorres-hc7sb
    @JoseTorres-hc7sb Год назад

    Great video. Super informative. Thanks for making these videos.

  • @shareholder2988
    @shareholder2988 2 года назад

    Good information. Thank you

  • @t.tmcrae360
    @t.tmcrae360 2 года назад

    Thank you for the video! I am an inspiring Real Estate Investor. This information has been extremely helpful and informative!

  • @ehiemuanfamily2512
    @ehiemuanfamily2512 2 года назад

    This is good. Thank you.

  • @TK-qb5xk
    @TK-qb5xk Год назад

    Thank you, Sir. This is really conscientious information. God bless you.

  • @elleseller3348
    @elleseller3348 2 года назад +4

    I'm an aspiring real estate investor. I'm glad i clicked on your video because you are thorough yet you make it so easy to understand. I appreciate your work 🙏 and the info is so helpful as you break down all the industry terms 🙂

  • @gadams1639
    @gadams1639 10 месяцев назад

    i am an aspiring real estate investor, and this was very informative!

  • @susanpryor-RE
    @susanpryor-RE 2 года назад

    Great info! Thanks for sharing

  • @tarawalker7193
    @tarawalker7193 2 года назад

    Hi Lyfe team! Love your work here on YT. I am an aspiring investor learning the ropes.

  • @bonniegrier8340
    @bonniegrier8340 2 года назад

    Aspiring to be an investor. Appreciate your channel

  • @utbr01
    @utbr01 2 года назад

    Thanks for the info

  • @SpeedSLIDERR
    @SpeedSLIDERR 2 года назад

    I'm start and this video was very helpful

  • @deeryn
    @deeryn 2 года назад

    Just thank you for the huge info nuggets 🙂

  • @ghaniglover5108
    @ghaniglover5108 2 года назад

    I am an inspiring real estate investor & Thankyou this was very helpful

  • @AsileGroup
    @AsileGroup 11 месяцев назад

    I know this is over a year old but this was very clear, precise and extremely helpful..

  • @ChrisDiggins
    @ChrisDiggins 2 года назад

    Yes keep dropping. I am a new investor. Sean your good looks! Stop some of us is looking at you like that! Lol

  • @LW31955
    @LW31955 2 года назад

    Thanks for the information. ...very helpful to me

  • @mapolio4848
    @mapolio4848 2 года назад

    Great content!! I’m an aspiring investor

  • @maritestaylor8458
    @maritestaylor8458 2 года назад +1

    Fab video awesome love the channel.

  • @3000erikj
    @3000erikj 2 года назад

    Appreciate the knowledge.

  • @CEOOWNERBossLady
    @CEOOWNERBossLady 2 года назад

    I am an inspiring Real Estate Investor. Thank you so very much for all this valuable info!

  • @octaviakf
    @octaviakf 2 года назад +24

    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

    • @Bkallday628
      @Bkallday628 2 года назад +1

      Did you transfer yet...if so let me know the process please

  • @kathyclark761
    @kathyclark761 2 года назад

    Love your content 😊
    I’m an aspiring investor.

  • @gwendolynking2867
    @gwendolynking2867 2 года назад

    Please continue to make videos. We are learning so much about BUSINESS MATTERS. THANK YOU.