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Updated 6 months ago on . Most recent reply

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Legal Services and Advice for Beginners

Posted

Hello everyone,

Ill try to keep this short, I am new to investing in real estate and looking for some insights. I recently went into a 50/50 LLC with a college friend to buy our first property in the college town we attended. That went really well and now we are looking to add 2 more people for a new property. We are looking for some legal advice on how to:

1) Best set up the LLCs for tax and liability purposes

2) Create a basic Operating Manual among the shareholders

3) Find the best practices to go about creating LLCs in different states etc.

Does anyone have any legal services/advisors that were investor friendly and within budget for people just getting into this industry?

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