I am going to begin some real estate investing with my two siblings (background: I am 27 y/o engineer, and all three of us have received a sizable life insurance policy payout). I’m mostly invested in the stock market, but I believe some real estate exposure will be good, as well as my brother having great interest in learning about real estate and managing it (as I sort of oversee and understand the rest of the financial situation).
What are the options to begin this process? I have great credit (and the best of us three). Does anyone have experience using an LLC vs. a land trust vs. any other alternatives?