Newbie - how to protect my assets?

General Real Estate Investing
1

I’m new to real estate investing and wanted to find out how I can protect my current assets from anything. Do I need to open up a new business entity (LLC for example) and purchase or rent houses under my business name? I just want to protect what little savings I have so far in case something goes wrong with my real estate investing. No doubt I will be doing my homework before buying real estate, but it’s always better to be save than sorry.

Anyway, any suggestions on what I should do? LLC might be an option…

Thank you

2

start your education now.

there’s so much more to get into.

this is only the beginning.

stick with it though. follow Winston’s Churchill’s 8 words for success -

“Never, never, never, never, never, never give up”

3

in my opinion no one should own investment property in their own name.