Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
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 9 years ago on . Most recent reply

User Stats

30
Posts
14
Votes
Kevin Wright
  • Real Estate Broker
  • Brooklyn, NY
14
Votes |
30
Posts

What type of attorney? Real Estate vs. General Business Law

Kevin Wright
  • Real Estate Broker
  • Brooklyn, NY
Posted

Here's a pretty simple one for anybody that understands my situation. I need to setup an LLC with an operating agreement that includes language about the use of outside capital from family and friends in addition to capital contributed by two partners. The LLC will be project specific for buying and redeveloping a single property.

It seems like a lot of the "real estate attorneys" that I've spoken with are not familiar with doing this type of thing as they mostly handle closings.  Should I be looking for a different type of attorney?  Perhaps someone who handles more general business matters and contracts? 

Thanks!

Loading replies...