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Updated almost 11 years ago on . Most recent reply

User Stats

19
Posts
6
Votes
Dawn Ramsey
  • Homeowner
  • Cypress, TX
6
Votes |
19
Posts

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?

Most Popular Reply

User Stats

7
Posts
6
Votes
Dominique Alexis
  • Lender
  • Chevy Chase, MD
6
Votes |
7
Posts
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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