Long Distance Investor - Attorney where I live or where I invest?

3 Replies

Primarily I believe the legal services I need are incorporating an LLC, as I intend to leverage a property management team on the ground in OH - but quite frankly I'm new to the game, so I'm not sure what other things I should be considering in this decision? Thank you in advance!!

I'm also an OH investor with a local PM. Does your local PM have any advice or recommendations? My Ohio PM's brother is his firm's attorney.

Frankly, I've never needed an attorney, but one factor would probably be what issues do you anticipate having to potentially address? An Ohio attorney would probably be better to address uniquely Ohio issues.

In that regard, I've found Ohio to be a relatively friendly state to operate rentals for over 20 years. No issues of any kind other than a few incidental HOA issues (an "I've see you've met Cynthia" thing 😁).


Originally posted by @Christopher Smith :

I'm also an OH investor with a local PM. Does your local PM have any advice or recommendations? My Ohio PM's brother is his firm's attorney.

Frankly, I've never needed an attorney, but one factor would probably be what issues do you anticipate having to potentially address? An Ohio attorney would probably be better to address uniquely Ohio issues.

In that regard, I've found Ohio to be a relatively friendly state to operate rentals for over 20 years. No issues of any kind other than a few incidental HOA issues (an "I've see you've met Cynthia" thing 😁).

I have a list of Ohio attorneys if you need it.

 

You want an attorney that's licensed and practices in the jurisdiction where you are operating. A California attorney will probably understand most of Ohio law, but likely won't be as familiar with state and local nuances in an entirely different jurisdiction.