Investor · Orange, CA · Member since 2015 · 39 posts · 5 votes
Hello,
Has any landlord in CA used a real estate attorney to start their LLC on a 4 unit building? Is an attorney required and is it worth the $1500-$2,000 for their services? Any advise, tips or recommendations would be greatly appreciated.
I use an Asset Protection Attorney to form an LLC every time. Mine charges me $1,000 to form an LLC and it is 100% worth it. They will ensure it is properly formed, depending on your location and the specific purpose. They can also ensure it is structured correctly in your entity structure that you have formed, I.E. if you have a trust or holding company. Also, they will file everything for you so you don't have to guess about it.
If you have any more questions about that, feel free to message me!
I would go with an attorney - your going to have more confidence that all the legal ramifications are known and observed in growing your business, having the right docs in place, staying up to date with with compliance regulations', etc. The cost is minimal if it saves you from an improper structuring/maintenance and the hassles that come with that down the road.