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Updated about 10 years ago on . Most recent reply
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Apartment complex purchase Realtor or Attorney or both
I'm doing my due diligence on a multi family (5+ unit) apartment complex in Texas. I've only purchased a few residential personal residences in the past. Is it a good idea to use a realtor to submit an offer on the property, or is it enough to just work with a real estate attorney to prepare the contract? Or should I try to use both? I really appreciate any advice you may have to offer.
Thanks, Josh Stevens
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I agree, get an agent on your side, one who has worked with small apartment deals and can advise you. It might take a few calls to find one. An attorney's job is to keep you out of trouble, which is great. But your goal is not just to stay out of trouble, it's to make money. If you haven't already, be sure to read “Insider Secrets to Financing Your Real Estate Investments” by Frank Gallinelli. It's a good overview of the entire process, not just financing