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Updated over 5 years ago on . Most recent reply

User Stats

5
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3
Votes
Dominik B.
3
Votes |
5
Posts

Looking for advice - bought first multifamily

Dominik B.
Posted

Hi all,

I recently purchased my first property, a fourplex that is about three hours away from where I currently live. I was wondering what people's opinions were on two items:

1. Would you hire a lawyer that's close to your current home or a lawyer located in the city of the investment property? What's a fair or good price for a multifamily lawyer purchase transaction?

2. Would you hire a home insurance broker near home or in the city the investment property is in? What are typical home insurance rates to expect for a fourplex?

Any advice would be greatly appreciated. Been a long time lurker and excited to finally jump into the game and start contributing more to the forum.

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