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Updated over 3 years ago,
What do I need to learn about contracts?
I'm a new real estate investor, aspiring to build a rental portfolio with management contracted out. I'm also open to flips and wholesales. I realize that all kinds of contracts are going to be necessary no matter what kind of deal I do. There will be contracts for property purchases, wholesale contracts, and property management contracts. None of the instructors I've been listening to seem to mention hiring lawyers to examine their deals. Since I currently know nothing about the required contracts, will I need the oversight of a lawyer? What do I need to know about contracts to make sure I'm legally covered and getting a fair deal? How should a newbie learn about the variety of real estate contracts?