Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Goals, Business Plans & Entities
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

7
Posts
0
Votes
Dmitry Feldberg
0
Votes |
7
Posts

General partnership agreement lawyer and cost

Dmitry Feldberg
Posted

Hello wonderful community! My wife and I are about to purchase a 2nd STR property and are partnering up with someone. Should we use a lawyer or can we use a template? I called a local lawyer in Brooklyn NY and they gave me a quote of $1,000 to draw up a contract. Is this too much? If a lawyer is the way to go, does anyone have any recommendations for a lawyer in the NYC? Thank you very much!

Most Popular Reply

User Stats

1,032
Posts
784
Votes
Sergey A. Petrov
  • Real Estate Consultant
  • Seattle, WA
784
Votes |
1,032
Posts
Sergey A. Petrov
  • Real Estate Consultant
  • Seattle, WA
Replied

Get an attorney to draft it. $1k sounds more than reasonable.

Loading replies...