Texas Real Estate Articles


I want to thank you for the information provided on your website. As a litigation lawyer, I have referred to this information more than once.

Brownsville Attorney Barry R. Benton

Thank you for the immediate response on a Saturday. I didn't think I would hear from you till Monday. Excellent customer service!

Client Jeff H.

I always check your website and it is very inspiring. Not to mention that you are a great attorney.

Investor Client Francisco P.

I frequently refer to your website and book when I get stuck on real estate matters. The information is extremely helpful.

San Antonio Attorney Lisa Galvan

I give your book an A+. You are a rock star in our legal community!

Woodlands Attorney David Borger

David, you are the man. The future of law is with you!

MrInvestor.org

I was referred to Mr. Willis by a title company. Though his office uses email as the primary form of communication, his replies are surprisingly quick. Documents are produced very quickly as well, often within the day. Mr. Willis's level of detail and professionalism is top notch.

Client T. Scott

I have to say, these are the most detailed, best written real estate documents that I have seen so far. You really mean what you say on your website.

San Antonio Broker and Investor Rolando Flores

I was recently sued and showed my litigation attorney the asset protection structure that you built for us two years ago. “Perfect!” he said. Thank you, David.

Client Peter W.

What a great resource! I liked your book so much I purchased the Kindle version to have on my phone. I’ve recommended it to my investor and Realtor clients.

Dallas Attorney John Andrews

Months after setting up my LLC David Willis continued to answer questions and provide guidance, usually within a matter of hours. I would strongly recommend LoneStarLandLaw to any investor seeking a trusted business partner.

Client Robert H

I must say your articles always impress me. I like your style. I don't make it to Houston often, but next time I do, I owe you lunch.

Dallas Attorney Matthew Aycock

I was delighted to find your concise and well-written article on adverse possession. As a professional educator for 25 years, I appreciate the style and manner with which you approach public education. Thank you!

Client Hank M., Phd.

I would be happy to provide a testimonial although it looks like you have a long list of them already. Can't thank you enough. I'll definitely use your services in the future.

Client Ben P.

Your book is a terrific resource!

El Paso Attorney Kathleen Crook

Your book is a very easy and informative read. I will gladly and confidently refer clients to you.

Houston Attorney Kevin J. Smith

It is a rarity and a great pleasure to do business with someone who is so thorough, accurate and prompt.

Clients Rod and Michelle F.

Thank you very much for all your help! You have provided a very valuable service to me and I highly appreciate it. I will recommend you to everybody should someone ask me for an recommendation for a real estate attorney.

Client Sanjay P.

David Willis is the consummate real estate lawyer, and possesses uncanny skill at structuring deals.

Houston Attorney Carol Guess

Excellent book!

J. Thomas Black, Houston Attorney

I would never have expected David to reply to my email on a weekend but he did. He is a very diligent, dedicated, and knowledgeable attorney. The website is so informative - it offers easy-to-understand explanations to real estate and asset protection questions.

Client Chris V.

I've been so impressed with your website and your expertise. I would endorse you anytime.

Dallas Attorney Charlie Kim

As I acquired more investment properties – I now own about 50 rental houses – I became more concerned with asset protection. David Willis was able to create a simple two-company structure that recently withstood a court challenge. Having my real estate assets securely protected certainly adds to my peace of mind.

Client Bryan P.

Working with LoneStarLandLaw online was fast and efficient. I received high-quality, sophisticated legal documents - along with the advice I needed - without having to spend hours in a lawyer’s office.

Client John T.

David J. Willis is a clever lawyer who came up with a great plan to protect my rental property from lawsuits. I feel much more secure now. He is available by email whenever I have questions.

Client Marion W.

As a corporate attorney who does real estate I can say with confidence that David Willis is the real estate law leader in Texas.

Dallas Attorney Kevin Vela

I live in London but was buying a small apartment complex in Texas. Mr. Willis handled the whole transaction for me, as both my lawyer and real estate broker. It was a relief to put the transaction in the hands of someone who knows what he’s doing.

Client Phillip K.

My portfolio contains a mixture of rent houses and owner-financed properties. I rely on David Willis for evictions, foreclosures, deeds, leases, options, and the like. This is a guy who knows the system and gets the job done.

Client Darrell P.

As an attorney I am familiar with David Willis' expertise in real estate. I highly recommend his book. If David wrote it, you can depend on it!

Woodlands Attorney Paul Spielvogel

Not long ago my LLC was sued over a contract - and I was sued along with it, personally. David Willis was eventually able to get my name removed from the suit. He also filed a counterclaim for a frivolous lawsuit. He is an aggressive lawyer to have on your side.

Client James S.

Levels of Asset Protection



AP Level 1: Basic Asset Protection for Investors (the Texas Series LLC)

  1. form a series LLC to own and manage investment properties and businesses in separate series, establishing insulation and multiple liability barriers;
  2. file an assumed name certificate (DBA) for this company and utilize the DBA in business dealings, contracts, leases, etc.;
  3. establish a checking account for the company under its DBA and have checks, letterhead, cards, etc. printed that way and phone numbers listed that way;
  4. transfer properties held in personal names into individual series of the holding company (Series A, Series B, etc.) using deeds that cite series protections;
  5. separate homestead and other creditor-exempt items from investments and businesses, then reduce debt on these items in order to maximize protections afforded by the Property Code and Texas Constitution; and
  6. form a living trust for the homestead to avoid probate, transfer the home into it, and then execute a pour-over will to transfer other assets to the trust upon death.


AP Level 2: Two-Company Structure (the “Texas Two-Step”)

  1. establish a Texas series LLC or Nevada series LLC to own and hold—but not manage—investment properties and businesses (a holding company, which has no privity with anyone);
  2. form a separate, stand-alone Texas LLC (no cross ownership) to act as a shell management company to acquire properties and then after closing transfer them to the holding company; meanwhile the management company signs leases and contracts and deals with tenants, vendors, contractors, and the public; income passes through to the holding company as consulting fees and returns to the management company, if needed, as management fees;
  3. file assumed name certificates (DBAs) for both the holding company and for the management company and utilize these names in all dealings;
  4. establish checking accounts for each company under their respective DBAs and have checks, letterhead, cards, etc. printed that way, and phone numbers listed that way;
  5. transfer properties held in personal names into individual series of the holding company (Series A, Series B, etc.) using deeds that cite series protections;
  6. separate homestead and other creditor-exempt items from investments and businesses, then reduce debt on these items in order to maximize protections afforded by the Property Code and Texas Constitution;
  7. form a living trust for the homestead to avoid probate, transfer the home into it, and then execute a pour-over will to transfer other assets to the trust upon death.


AP Level 3: Texas-Nevada Combination (the “Two-State Solution”)

  1. establish a Nevada series LLC to own and hold, but not manage, investment properties and businesses (a holding company) achieving a measure of physical and legal distance plus anonymity from Texas plaintiffs;
  2. form a separate stand-alone Texas LLC (no cross ownership) to act as a shell management company (no significant assets) to acquire properties and then after closing transfer them to the holding company; meanwhile the management company signs leases and contracts and deals with tenants, vendors, contractors, and the public; income passes through to the holding company as consulting fees and returns to the management company, if needed, as management fees;
  3. file assumed name certificates (DBAs) for both the holding company and for the management company and utilize these names in all dealings;
  4. establish checking accounts for each company under their respective DBAs and have checks, letterhead, cards, etc. printed that way, and phone numbers listed that way;
  5. transfer properties held in personal names into individual series of the Nevada holding company (Series A, Series B, etc.) using deeds that cite series protections;
  6. separate homestead and other creditor-exempt items from investments and businesses, then reduce debt on these items in order to maximize protections afforded by the Property Code and Texas Constitution;
  7. form a living trust for the homestead to avoid probate, transfer the home into it, and then execute a pour-over will to transfer other assets to the trust upon death.


AP Level 4: Texas-Nevada Combination (“Hub-Sub”) for Multiple Enterprises

  1. Establish a Nevada or Texas series LLC (the hub company);
  2. form a Texas LLC (series or traditional) for one enterprise, designating Series A of the Nevada company as sole member and manager;
  3. form another Texas LLC (series or traditional) for a second enterprise, designating Series B of the hub company as sole member and manager; and so on,
  4. the result is that separate businesses insulated from one another and protected by a double liability firewall.