In Florida, land trusts offer some unique benefits similar to an LLC, such as asset protection and anonymity, which makes them especially appealing in creative real estate deals.While LLCs are often more widely used because they’re familiar to investors and offer clear liability protection across multiple states, land trusts can be highly advantageous in Florida due to the specific protections our state law provides.

What are they offering?

@Chris KittleIf you are unsure of costs, I would download some Offering Memorandums in your market and compare costs.

The most likely scenario is that you refuse to pay him, or make him an offer he doesn’t accept, and he files a mechanics lien on the property. 

If you have an accepted contract, the only thing I would really worry about is copies of all leases.If you are still underwriting and thinking of offering, the price is going to be more dictated based on your own knowledge and idea of what you can do with the property, versus what the seller financials state. 

She offered it to us for $135,000.00.

Situated in the heart of the city's vibrant Art District, this 1977-built condo offers an exceptional blend of historical charm and modern living.

However, I have received an offer on my property from a very good and trustworthy friend that I have agreed to accept.

Creating an LLC: Forming an LLC may offer liability protection and help with structuring multiple properties, but it doesn’t change your ability to take rental property deductions or depreciation.

Listening to podcasts: this is the primary avenue that you see a lot of sponsors getting their name out there, even if they can't market their offerings.