Legal expert Rich Brooks is here to talk about entity structures.

In today’s video, I sat down to have a conversation with Rich Brooks, the founder of the St. Augustine Law Group, about entity structure for buying investment properties in a hot real estate market. I’ve done business with them before and had such a great experience that I thought it would be a good idea to let you all benefit from Rich’s expertise as well. If you or someone you know is thinking of buying investment properties, this is valuable information to have.

Feel free to follow along in the video above, or else use the timestamps below to navigate the conversation at your leisure:

2:23 —Starting off with a funny story

3:15 —The two types of risk to mitigate

4:26 —At what point do investors need to think about LLCs?

6:49 —Things to keep in mind regarding real estate tax assessment

7:55 —What is the cost of filing an entity?

9:48 —Differences between insuring a property under your name and under an LLC

11:10 —Do not shirk your due diligence

12:33 —Don’t be afraid to admit what you don’t know

13:32 —Wrapping up our discussion

If you would like to reach out to Rich about your investment opportunities, contact him at (904) 990-7777 or visit www.staugustinelawgroup.com. For any real estate thoughts, concerns, or questions you have, don’t hesitate to reach out to us at ERA Heavener Realty. We’d love to speak with you.