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Angelica Lopez
  • Rental Property Investor
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Did you use an attorney for your LLC?

Angelica Lopez
  • Rental Property Investor
Posted Aug 6 2020, 19:25

Hello Investors,

I want to get an LLC for my REI, but not sure if I should just do it on my own through the State website or hire an attorney.

My reasons on doing it myself: Pros= quick, cheap, simple 

                                              Cons: Not sure of all the legal jargon and if I set it up the best way to benefit me and my business.                                             

Attorney: Pros= Better understanding of terms and conditions of the LLC from lawyer, Better protection? Cons= Cost (not sure how much) I looking to purchase in the next month so I don't want any high expenses. Time looking for a lawyer that works with REI

Thoughts or experience?

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