EP129: Buying in Your Own Name or a LLC (Pros & Cons)

Mortgage Note Investing Weekly

In this episode, we talk about buying mortgage notes in your personal name vs an LLC. Discover the pros and cons of investing in notes with your personal name compared to an LLC.
Rick Allen and Brett Burky share their insights, experiences, and some unexpected challenges they've faced along the way.
Tune in to this episode of the Paperstac podcast for a deep dive into the nuances of buying notes, focusing on whether to do so in your personal name or through an LLC.
Join us as we explore the advantages and disadvantages of each approach, offering valuable advice for anyone looking to invest in notes.
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Chapters:
0:00 - Intro
0:38 - Brett's Back Injury and Work from Home Days
1:03 - The Challenges of Home Renovation and Returns
4:55 - Buying Mortgage Notes in Personal Name vs LLC
6:01 - Pros of Buying Notes in Your Personal Name
7:57 - Cons of Buying Notes in Your Personal Name
10:26 - Pros of Buying Mortgage Notes in an LLC
14:12 - Cons of Buying Mortgage Notes in an LLC
17:25 - Final Thoughts: Personal Name vs. LLC for Note Buying
21:35 - Preview of Next Episode: Stages of Note Investing
Stay tuned for our next episode, where we will discuss the different stages of note investing, from beginner strategies to advanced tactics. Whether you're new to note investing or looking to level up your game, we've got insights that could save you time and money.
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