One of the biggest mistakes new real estate investors make is jumping into deals without a proper legal foundation.
Questions like:
At MAREI NewVestors, we focus on building the foundation first.
In this session, Attorney Julie Anderson will walk through the core legal considerations involved in starting a real estate investing business, including:
-
When and why to form an LLC
-
The purpose of an operating agreement
-
Common legal challenges new investors face
-
Mistakes that are easy to avoid when you know what to look for
This discussion is designed specifically for brand new investors who want to understand the basics before buying property, partnering with others, or signing contracts.
Additional Learning for Members
MAREI members are encouraged to visit the MAREI Member Library to watch the replay of two different Master Classes. Look first for the Master Class by Darin Carey on Setting up a Small Real Estate Investing Business - the investors perspective, not the attorney's legal perspective. Then look for the Master Class with Scott Ellsworth, Tax Fundamentals for Real Estate Investors to understand how taxes fit into all of this.“