@Paul Timmins
Hi Paul,
Thanks for the nice welcome and suggestions. I read the two J Scott books this past month. Indeed, both great resources. Reading the "Rewind" book now.
Appreciate the tip on getting connected via REIAs. Glad to already see others in the region to connect with.
Will reach out to you as multi-fams enter my picture in the near future. Sounds like you have great experience and the heart of a teacher.
I'm doing my best to evade analysis paralysis in getting my biz started. If you have time, a few?s, but I'll post on forum as well:
1 - I'm setting up my LLC now in WA. Do you suggest using an attorney, an online one-stop set up service for a fee, or doing on my own via Sec of State's website guidance? The steps seems straightforward to follow.
2 - Do you utilize one LLC for multiple properties or a separate one for each? One for flips and one for multiple rentals? Series LLC does not seem to be a solid option yet due to lack of case law and few states supporting it.
3 - In writing my Op Agreement and Biz Plan, do you recommend a starter/template or service to speed things up, or start from scratch? I've downloaded the OA on Nolo.com which is editable, and then planned on having my CPA review. Thoughts? Do I need attorney to review it also?
4 - What do you use attorney for when not in a legal dispute? In WA, I believe we use title co's for closings. Do I need one now during set up period? How best to seek one out without charging an arm and a leg for simple phone calls, etc.?
Maybe I should be posting these questions in a forum to get multiple responses. Still figuring out BP "process and etiquette".
Thanks for your time and insights, Paul.