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Any ideas on how to protect your interests if you give away the address?

Sorry, my mom is a Shakespeare buff and she would be proud :lol: So I was just about to go to the County Courthouse to file for an Assumed Name(DBA) but now I'm considering starting an LLC for multiple reasons and I'm curious as to what your opinions are.A little about me:I have not yet done a dealI have been studying for some time and I'm ready to get startedI have every intention of doing this full-time but I will not quit my day job until it's a realistic possibility(1-3 years)My only assets are my house which is homesteaded and a car with 100,000 miles and serious hail damage so I'm not concerned with asset protection at this pointI am interested in wholesaling/rehabbing(rentals in the near future)I have $10K-$20K startup capital I will be using Hard Money for my first several rehabsI have excellent credit (771)I am now thinking about starting an LLC in Texas(one-time $300 filing fee)for my rehabs because I want to build up business credit and season my company so I figure I might as well start now.Once I acquire rentals I will definitely setup an LLC but that is not an issue yet.Given the information, should I form an LLC or just do my first few deals as a sole proprietor and then get my LLC?

They will look through the public records and find any "clouds" against the title.

They say it is unethical to give that info to the public, and besides, it is counter to what they are trying to achieve with those leads - to re-list the house.

I'd rather not have to use a written agreement, but I do not know most of the people on that list, and would rather protect my interest.

Also consider your asset protection; you don't want Uncle Sam and Aunt IRS to get all your profit.

Everybody wins.Another option would be to lease option the property for two years for $250,000 with a “down payment assistance planâ€.† In this case you get $5,000 upfront to purchase the option to buy the property in two years for $250,000 .† This $5,000 is not refundable because they are buying the option whether they use it or not.† Now you set the monthly lease amount and tell them for every dollar over that amount up to $100 a month that they pay, you will match it towards the down payment.† That makes a great incentive, you increase your monthly cash flow and at the end of two years you just knock a maximum of $4,800 off the sales price.† You will have the $5,000 cash, positive cash flow during the lease period and clear a huge profit when you sell.† If you are looking to add to your portfolio but fear holding too many empty properties your concerns can be addressed.† Many cities are tearing down public housing in favor of giving families Section 8 assistance.

Pursuant to Section 3712 of the Revenue and Taxation Code, the tax deed conveys title to the purchaser free of all encumbrances of any kind existing before the sale, except:• Any lien for installments of taxes and special assessments, which installments will become payable upon the secured roll after the time of the sale.• The lien for taxes or assessments or other rights of any taxing agency that does not consent to the sale under this chapter.• Liens for special assessments levied upon the property conveyed which were, at the time of the sale, not included in the amount necessary to redeem the tax-defaulted property.• Unaccepted, recorded, irrevocable offers of dedication of the property to the public or a public entity for a public purpose, and recorded options of any taxing agency to purchase the property or any interest therein for a public purpose.Any federal Internal Revenue Service liens that, pursuant to provisions of federal law, are not discharged by the sale, even though the tax collector has provided proper notice to the Internal Revenue Service before that date....according to that, California tax sales doesn't seem pretty free and clear to me.

If you maintain an office or place of business that is open to the public and you can get prospects to visit you in person, this is one solution.