Pros and Cons Of an LLC in Real Estate

In today's video, we will go over both: the pros AND the cons of LLCs. I have created a few videos about the benefits of having an LLC but realized never provided a list of cons. Just like everything in life, nothing can be this perfect. In this video, I'll go over a list of pros and cons so you can make an informed decision regarding LLCs. Come and join me in this educational video to learn not just about LLCs but also about something else! Happy learning!

***During the first minute...I meant to say PROS instead of cons!***

🎥 VIDEOS COMPLEMENTING THIS ONE
Best Legal Entities for Real Estate 👉https://youtu.be/g-lZSzoibBc
What's an LLC and What Are The Benefits in Real Estate 👉https://youtu.be/Qwrsx59NRnA

▶️ PLAYLIST COMPLEMENTING THIS ONE
All About Credit Playlist 👉https://www.youtube.com/watch?v=dVtOEoKP8b4&list=PLbg0ENts-e2sznkpSyI-K9-rRcE3JppZh
Going From 0 to 24 Properties Playlist 👉https://www.youtube.com/watch?v=Z2yubZzAIFI&list=PLbg0ENts-e2uUWnT-xF_fOk0ygj-pXXHN

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▬▬▬▬ TOOLS ▬▬▬▬
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⏰ TIMESTAMPS
0:00 Pros and Cons Of an LLC in Real Estate
1:20 Benefits of having an LLC
1:48 How much are the formation fees of an LLC?
3:30 How much are the renewal fees of an LLC?
4:13 What's a register agent?
5:32 Administration of an LLC
6:05 What are meeting minutes?
7:10 Interest rates of an LLC
8:45 Meeting records
12:44 Should you get an LLC?

📄 DISCLAIMER
***DISCLAIMER: THIS VIDEO IS FOR INFORMATIONAL AND ILLUSTRATIONAL PURPOSES BASED ON THE INDIVIDUAL EXPERIENCES OF THE PRESENTER. EVERY SITUATION IS DIFFERENT AND YOUR RESULTS MAY DIFFER. YOU SHOULD ANALYZE THE RISKS ACCORDINGLY BEFORE PROCEEDING TO TAKE ACTION***

Видео Pros and Cons Of an LLC in Real Estate канала NOVARISE INVEST