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Kansas Real Estate Q&A Discussion Forum
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Updated about 10 years ago on . Most recent reply

User Stats

34
Posts
8
Votes
Sidney King
  • Investor
  • Dallas, TX
8
Votes |
34
Posts

Real Estate Attorney Kansas City - Is this quote normal?

Sidney King
  • Investor
  • Dallas, TX
Posted

Hi all,

I'm an upcoming Investor in the KCMO market. I wanted to know exactly what I was getting myself into so I set an appointment with a RE Attorney in KC. The going rate is $250/hr and I figured the first meeting would take about an hour to to get my questions answered about the wholesaling process, starting an LLC and my ideas on how I'm hoping to fund my multifamily investments in the next year. Is $250/hr a good rate? I'll gladly pay a fair rate to limit my chances of running into bigger problems later on but I don't want to be taken to the cleaners due to ignorance just starting out. Thanks in advance for any input you may have!

Most Popular Reply

User Stats

184
Posts
79
Votes
Erik K.
  • Realtor
  • McLean, VA
79
Votes |
184
Posts
Erik K.
  • Realtor
  • McLean, VA
Replied

Generally you get what you pay for. I have a great attorney who has saved me a lot of money and he's a bit more than $250 /hr. 

I am looking for multifamily properties in KC (20-50 unit). 

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