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777: Seeing Greene: Investing Later in Life? You’re Still in Luck!

BiggerPockets Real Estate Podcast

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How to Start an LLC to Take a House Out of Your Name

David Green: If I could just tell anybody what they should do with real estate, I'd be telling them to do what you are doing. Don't overthink it. House Hacking one house every single year in the best neighborhood you can possibly get in with the most opportunities to generate revenue. When you get a million dollars of equity in a property or within an LLC, now there is incentive for someone to go after you and try to sue. But if you only have 50, 60, 70,000 of your $70,000 of legal fees, it's not as important until you get a bigger net worth. So make sure that you're well insured by the next property.

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