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.

Scroll Down for Book Reviews and Table of Contents

An Invaluable Resource for Texas Real Estate Investors



REVIEWS

"This is a very comprehensive and in-depth discussion of many legal aspects of real estate investing. Mr. Willis provides valuable interpretations of recently written changes to Texas laws. This book is a goldmine of information that will allow real estate investors to be informed and free of trouble with Texas laws. The author also describes how Texas laws and legal entities can protect wealth and valuable assets from attacks by creditors and frivolous lawsuits. I highly recommend this book. Its cost is tiny in comparison to an hour of attorney's time to learn this information or to prevent a legal issue that is discussed in this book." – Reader Dan Nicholson

"Your book is a very easy and informative read. I will gladly and confidently refer clients to you." – Attorney Kevin J. Smith, Houston

"Awesome! I read most of the book in one sitting, not because it's a quick read, but because the writing style of the author makes absorbing the information easy. He does a wonderful job of explaining the details in a way where they make sense the first time. That made the first read of this book nearly effortless. I applaud David J. Willis for writing this book." – Investor Valerie McGilvrey

"Very informative! This book makes the legal aspects of real estate investing understandable for ordinary investors like me. I keep a paperback copy on my desk. Thank you Mr. Willis." – Investor i.lights

"As an attorney I am familiar with David Willis’s expertise in real estate. If David wrote it and you read it, you can depend on it! I highly recommend this book." – Attorney Paul Spielvogel, The Woodlands

"David Willis’ book is the best reference out there on need-to-know real estate law in Texas, for both practitioners and investors alike." – Attorney Jason Kraus, Houston

"I love this book because I often get calls from clients that are looking for the right kind of business entity to minimize personal exposure and maximize asset protection. This book covers those issues and more." – Attorney Richard Weaver, Houston

"Excellent book!" – Attorney J. Thomas Black, Houston

"I am an attorney and a life-long real estate investor. This book is a great tool. I would strongly suggest that anyone who is serious about investing in real estate should have a copy of this book as a reference even if you don’t live in Texas." – Attorney Paul Katz, Boulder

"This book is a great read. I’m recommending it to all of my investor clients and friends." – Broker Tony Garrant, Austin

"As a corporate attorney who does a good deal of real estate transactions, I can say with confidence that David is the real estate law leader in Texas." – Attorney Kevin Vela, Dallas

"I was impressed with this book. It will benefit real estate investors and real estate attorneys." – Attorney James Robert Smith, Houston

"As a Texas real estate broker and investor in residential properties, I found this book well written and well laid out for us 'non-lawyers.' The chapters and subjects are organized well, so you can refer to the sections you need, when you need them. Recommended to anyone in Texas who is investing in multiple properties or who represents investors who do." – Broker M.L. Moore, Austin

CONTENTS


PART I. CONTRACTS & CLOSINGS

  1. Residential Sales Contracts
  2. Seller Disclosure
  3. Title Insurance
  4. Earnest Money Disputes
  5. Affidavits of Heirship
  6. Lis Pendens


PART II. OWNERSHIP & TRANSFER OF TEXAS REAL ESTATE

  1. Co-Ownership of Property
  2. Texas Deeds – an Overview
  3. Deeding Property to an LLC
  4. Deeding Property to a Lender


PART III. NOTEWORTHY STATE & FEDERAL LAW

  1. Executory Contracts
  2. Statute of Frauds
  3. Mortgage Loan Fraud
  4. SAFE Act and Dodd-Frank
  5. Regulation of Higher-Priced Mortgage Loans


PART IV. CREATIVE TRANSACTIONS

  1. Lease-Options, Lease-Purchases, and Rights of First Refusal
  2. Wraparound Transactions
  3. "Subject To" Transactions
  4. Assumptions
  5. Due-on-Sale
  6. Land Trusts
  7. Living Trusts for the Homestead
  8. Adverse Possession


PART V. ASSET PROTECTION STRUCTURING

  1. LLC Formation
  2. LLC Governing Documents
  3. The Series LLC
  4. LLC’s: A Brief Tax Summary
  5. Piercing the Veil of an LLC
  6. Joint Ventures
  7. Buying or Selling an LLC


PART VI. ASSET PROTECTION STRATEGIES

  1. Asset Protection in Texas
  2. Anonymity in Texas Real Estate
  3. Assumed Names in Texas
  4. Homestead Protections in Texas
  5. Lien Removal
  6. Equity Stripping for Asset Protection
  7. Fraudulent Transfers


PART VII. EVICTIONS, FORECLOSURES, & LITIGATION

  1. Evictions
  2. Foreclosures
  3. Texas Litigation
  4. Deceptive Trade Practices
  5. Mediation
  6. Judgments
  7. Charging Orders


PART VIII. ADDITIONAL TOPICS

  1. Security Deposits in Residential Transactions
  2. Hard Money Lending
  3. Partition in Texas