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Updated almost 10 years ago on . Most recent reply

Dawn Ramsey's profile image
Dawn Ramsey's profile image
Dawn Ramsey
  • Homeowner
  • from Cypress, TX
  • Member since Apr 15, 2014
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Dawn Ramsey's profile image
Dawn Ramsey's profile image
Dawn Ramsey
  • Homeowner
  • from Cypress, TX
  • Member since Apr 15, 2014
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Dawn Ramsey
  • Homeowner
  • Cypress, TX
6
Votes |
19
Posts
Real Estate Deal Analysis & Advice

Limited Liablity Corporation

Dawn Ramsey
  • Homeowner
  • Cypress, TX
Posted

Should I establish an LLC before making any real estate investment deals? Is it safe to operate without one? Thoughts on establishing a trust that owns the LLC?

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Dominique Alexis's profile image
Dominique Alexis's profile image
Dominique Alexis
  • Lender
  • from Chevy Chase, MD
  • Member since Mar 15, 2015
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Dominique Alexis's profile image
Dominique Alexis's profile image
Dominique Alexis
  • Lender
  • from Chevy Chase, MD
  • Member since Mar 15, 2015
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Dominique Alexis
  • Lender
  • Chevy Chase, MD
6
Votes |
7
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Dominique Alexis
  • Lender
  • Chevy Chase, MD
Replied

I have seen too many people devote so much time to getting their entity set up and pay lawyer fees before they have done a deal. It is important to set up your business correctly but don't let it prevent you from getting out there and finding deals at the same time.

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