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Updated about 8 years ago on . Most recent reply presented by

User Stats

33
Posts
8
Votes
Chris Smith
  • Investor
  • Atlanta, GA
8
Votes |
33
Posts

average legal fees on single fam home buy & hold

Chris Smith
  • Investor
  • Atlanta, GA
Posted

I am new and I'm considering restructuring our LLC (3 total in our LLC, me, a friend and attorney friend—friend has RE experience). My attorney friend really doesn't have the bandwidth to grow the business. Right now we are 33% split. Curious what are the average legal fees on a single family buy and hold property? Is it worth giving 33% for a legal partner, even if we end of doing 2-5 a year? Or is best to pay legal fees when needed? Thanks BP.

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