California LLC Referral/Advice

[Mike McKinzie]

Hey BP, I have a question now. I have been investing for quite a while and never had an LLC. My father invested his whole life and never had an LLC. But now that I am considering forming an LLC, I am getting quoted very high prices for an LLC. My estate Attorney wants $2,000 plus $250.00 for every deed drawn up. He also said I should have separate LLCs for properties in different states. If I go his route, I am going to be out over $20,000.00 start up and very high annual costs. Therefore, I am asking if anyone has a referral on forming an LLC in Southern California. And, how much should it cost? I see Legal Zoom commercials all the time, but have never used them. I could draw up my own deeds for zero or have an Escrow Company draw them up for very little. But I would really like to know how to form an LLC that will not cost me thousands and thousands of dollars just to form. Thank you!

[Al Wilson]

Many times in life, you get what you pay for. Good luck.