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Updated over 3 years ago,
A few real estate formation and lawyer questions
Hello. I am planning to start a real estate investing company in about five years when I retire from the military. Goal is to brrr a few sfh's per year to supplement my retirement. I do not plan on hiring anyone, just contracting out some of the work. A few questions, appreciate anyone that offers their insight.
- 1. What business structure should I use?
- 2. Can I pay myself from an LLC? If so, how?
- 3. I have an idea for my business name. How do you recommend I research that to find out if it is available?
- 4. Is it important to find a real estate attorney that works with real estate investors?
- 5. I want to ask the attorney if they have ever invested in real estate. Appropriate or no?
- 6. Are there attorneys that specialize in only real estate, or is that a unicorn?
Thanks,
Nick