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Updated over 3 years ago on .

User Stats

27
Posts
5
Votes
Nick Fegley
  • Rental Property Investor
  • Lewes, DE
5
Votes |
27
Posts

A few real estate formation and lawyer questions

Nick Fegley
  • Rental Property Investor
  • Lewes, DE
Posted

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