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[Music] hey clayton this is jay from houston texas i have a quick question i have three rental properties and i was wondering if its a good idea to create an llc and do quick claim deed of my personal the investment properties into an llc what the benefits are and what may be the downside of doing that thanks thanks so much jay again im not a lawyer and im not a financial advisor so let me just say i cant tell you what to do with your rental properties but personally the you know weve weve garrett sutton who is a rich dad advisor hes a lawyer his advice to us over the years has always been never own a property in your own name long term sure when you use a conventional loan and you buy that property in your own name great you can close on the property get your loan in order and then eventually transfer it to an llc okay this is long-term strategy were talking about here the reason we do that is for legal protection liability protection so you own these three rental properties w
