Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago on . Most recent reply presented by

User Stats

3
Posts
0
Votes
Rachel Pena
  • Portland, OR
0
Votes |
3
Posts

Need to start entity/LLC

Rachel Pena
  • Portland, OR
Posted

My husband and I live in Oregon and are looking to start an entity in Texas - the lender we are working with lends to entity's only. They said we can go through their company and lawyers and it'll be around $800. I know we can get it cheaper like through legal zoom or what not, however he did warn us that sometimes going that route they do miss a lot of other paperwork they need and he specifically said an operating agreement.

I'm looking for a real estate attorney in Texas that can help us with starting an LLC and draft up an Operating agreement, hoping it'll be a smaller dent in our pocket than what the lending company is offering. Would it be cheaper to find an attorney on our own or about the same price?



Most Popular Reply

User Stats

5,104
Posts
4,458
Votes
Bruce Lynn#2 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
4,458
Votes |
5,104
Posts
Bruce Lynn#2 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
Replied

@Ronald Rohde and @jerel Ehlert are two Texas attorneys who frequently post here and can probably keep you on the right path. Lots of do it yourselfers here, but probably no matter what you are trying to accomplish with the entity, you need more than DIY in my opinion. For example you may want to discuss series LLC with them.

Loading replies...