Brooks Property Solutions
After my second flip, my mentor told me to put each property in its own LLC. File.Business handled flips 3 through 14 · formed each LLC in 2 days, transferred at closing.
Jamal Brooks, Founder · 14 flips in 18 months · Solo + crew on contract · Formed 2024
The situation
Jamal flips single-family homes in Houston. After two successful flips, he wanted asset separation for each property to limit liability if anything went wrong.
What File.Business did
Formed Texas LLCs for each new flip property. Created a parent holding company LLC that owns each child property LLC. Set up Mercury banking with sub-accounts. Templated contractor agreements, scope-of-work documents, and contractor insurance verification process.
The outcome
14 properties flipped in 18 months. Each property liability-isolated. Zero personal exposure on contractor disputes. Tax-loss harvesting between LLCs simplified by holding-company structure.
Key facts
| Industry | Real Estate Flipping |
|---|---|
| Entity structure | Texas LLC |
| Year formed | 2024 |
| Scale at story point | 14 flips in 18 months |
| Team | Solo + crew on contract |
About this case study
This is a representative composite case study based on patterns we see across many similar customers. Names and identifying details have been changed. The structure, services, and outcomes described are typical of customers in this segment.
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