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Updated almost 8 years ago,
Do I need an attorney?
BiggerPockets Community,
Hello, and good morning. This is my first post and in my opinion, an important one. My partner and I, new to real estate, have formed an LLC, and we have some questions. Do we need to hire an attorney to make sure our LLC is in compliance to legally and safely operate as a real estate investor (operating agreement and etc.)? For our first deal, we are targeting the wholesaling and/or fix and flip strategies, do we need a real estate attorney on our team before making our first deal? Is there a specific attorney that can do both? Does everyone here have an attorney and if so, when did you add that to your team and why? If not, why not? I look forward to your responses and feel free to add anything of importance on the topic that I may have missed.
Thank you,