Ricardo Fornesa, Jr. REALTOR®/MBA - A GUIDE TO SELLING YOUR HOME AFTER DIVORCE

PREPARATION AND IMP N AND IMPLEMENTATION ARE THE M N ARE THE MOST IMPORTANT KEYS IN BUILDING A SUCCESSFUL REAL FUL REAL ESTATE TEAM Assembling a dream team as a real estate investor can render exceptional benefits, especially in the starting stages. The ability to create a thriving business from the ground up is no easy task but building a successful real estate team has the ability to give investors expanded networking and investment opportunities. Preparation is the first step to do, and that’s why the first Master LLC or Parent LLC, “Fornesa Enterprises, LLC” applied an application and was given a Certificate of Formation with File Number 804742660 on September 23, 2022, by Secretary of State of Texas and has been found to conform to the applicable provisions of law. Texas Series LLC is an LLC that provides in its governing documents for the establishment of a series of members, managers, membership interests, or assets that have separate rights, obligations and liabilities and business purposes from the general LLC. Each individual series has the ability to sue and be sued, enter into contracts, hold title to assets, and grant liens or security interests in its assets. Texas is one of several states where you can form a Series LLC. A Series LLC is a unique type of limited liability company that can establish divisions, called “series,” with purposes, rights, and obligations separate from the Parent LLC or Master LLC, and each other. The basic idea behind forming a Texas Series LLC is that it allows an organization to segregate and protect assets without being forced to start numerous independent limited liability companies. Building a successful real estate team is second to none because it is an innovative solution to a common problem, as starting a real estate team can virtually double production while helping to take the business to the next level. When building a successful real estate team, investors should gravitate to personnel that have real-world experience. In order to receive any of the benefits of a S eries LLC, specific information must be included in the certificate of formation and company agreement, and must

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