Thoughts on LLC protection in Texas

[Yany Rivera]

Hi everyone, 

I have some rental properties that I own in Texas and was looking to place them in an LLC for protection, however I was informed that you would need to pay a franchise fee that would take a large portion of the current earnings. I live outside of Texas and would like to hear from those of you who invest in Texas on how do you deal with this issue? Are there alternate ways of protecting your investment properties? Thanks in advance!