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.
General Landlording & Rental Properties
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 almost 9 years ago on . Most recent reply

User Stats

21
Posts
3
Votes
Stace Hill
  • Rental Property Investor
  • Indianapolis, IN
3
Votes |
21
Posts

hire attorney to review rental agreement

Stace Hill
  • Rental Property Investor
  • Indianapolis, IN
Posted

should you have a local attorney review your first rental agreement?  app $400-600

thank you

Most Popular Reply

User Stats

288
Posts
120
Votes
Robert Taylor
  • Broker, Investor, Property Restorer
  • Fox Point, WI
120
Votes |
288
Posts
Robert Taylor
  • Broker, Investor, Property Restorer
  • Fox Point, WI
Replied

Oh man, like this should even be a question! Heck yeah you ought to take an attorney's advice into consideration when drafting a rental agreement and I'd HIGHLY recommend getting some referrals on that as well, you want one who's well versed LOCALLY in what flies and what doesn't, which here as was explained to myself and at least one other BP member attended, plus many more (and a rather "famous" BP member at that who I recognized from her profile pic, but she certainly seems to know what she's doing with rentals and was at the same event, a "landlord bootcamp" where the local attorney who I've been told is THE BEST landlord atty to call in a crisis taught the ins and outs of this stuff) but part of what he explained was how in Milwaukee Cty the judiciary of this county of nearly 1M residents which ranges from very poor areas to very wealthy areas has mostly very liberal, left leaning judges who generally ALWAYS find any reason they can to take the tenant's side and often give some awful tenants "one more chance" much to the landlord's chagrin. Neighboring county to the west, Waukesha Cty, with about 400k residents and ranging from some middle class, much upper middle and some very high end, so in general a far more affluent county has a much more conservative, right leaning judiciary that in the EXACT SAME CASE where in Milwaukee Cty you'll likely lose as a landlord in court, you'll likely get an eviction or whatever remedy you're seeking right next door in Waukesha Cty-and of course, this is all based on the same state laws! 

In addition, I know that Madison, WI the 2nd largest city in the state, state capitol and quite famous for being a VERY left leaning city politically, has enacted many of its own additional landlord/tenant laws to the point where this same attorney recommends simply to "not bother investing" there in residential rentals. I'd be nervous as heck walking into court trying to get them to enforce some contract I'd drawn up myself in ANY of these places, but especially in the "anti-landlord" areas. You could end up with an even bigger problem on your hands!

Loading replies...