Business/legal advice for a first time investor

[Fernanda Herrera]

Hi everyone,

Future investor here, doing my homework before jumping in. I wanted people's opinions on the best time to address the business side of REI. I know there are tons of advantages to forming a corporation and having the advice of a good CPA and lawyer at hand. How do investors typically approach this? How far in advance should I form an LLC/S Corp, reach out to a lawyer, etc? Keep in mind, I don't own any property just yet. I just want to be prepared so that there aren't any delays or mishaps on my side when I am ready to buy.

Also, is an LLC the way to go for someone looking at long term investing in CA?

Thank you in advance,

Fernanda