I’m often asked to perform a due diligence audit on a real estate or business transaction. A due diligence audit is an investigation into important or material items that can affect a transaction’s outcome. And it refers to the care that a reasonable person...
If you’re new to real estate investing, hiring an attorney to handle a real estate issue can be pretty daunting. Here are some major concerns that I often hear from newer real estate investors from all over the country. Attorney Fee Structures The first item that...
I’m looking right now at a purchase agreement that a client brought in the other day. He’s a real estate investor and it’s a “one-page purchase agreement.” He’s a real estate investor and he’s purchasing a property for $75,000. He downloaded this purchase agreement...
What is a Limited Liability Company Whether you’re new to real estate investing or you’ve been flipping or renting homes for a while, the question invariably arises: should you form a limited liability company for your properties? A limited liability company is also...
When an attorney brings a lawsuit on behalf of a client, either in real estate, contracts or financial disputes, the question most often comes up from a client is whether or not they’re going to get their attorney fees in the event that they win. That sounds...
The other day I received an email from somebody inquiring into the hourly attorney fee that is charged. They asked if we have student attorneys that we can provide? They don’t want to pay too much, and I understand that people are sensitive to attorney fees. But there...