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