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All Forum Posts by: Aaron Clements

Aaron Clements has started 6 posts and replied 38 times.

Post: Lawyer interview questions

Aaron ClementsPosted
  • Specialist
  • Indianapolis, IN
  • Posts 41
  • Votes 20

Hi All!

I am just starting out and an looking to "build my team". In the process in looking at interviewing real estate lawyers as my personal lawyer doesn't have the specialties I'll probably need in the real estate world. I'm wondering what types of questions I should be asking in these initial meetings to make sure it's a good fit.

I'm based in Indianapolis. What is a good "going rate" for legal council? What types of fees should I be asking about? What type of frequency should I be consulting with my legal team? What are some types of thingsI should avoid? Do I need different lawyers for every state I plan to invest in?

I'm planing on starting out with SFR or multifamily but my looking term goals are MDUs and storage units. Should I look for a team that specializes in one or the other or both?

Thanks in advance!

Post: Due diligence websites

Aaron ClementsPosted
  • Specialist
  • Indianapolis, IN
  • Posts 41
  • Votes 20

Thanks @Ross Denman

That is very helpful.  I'll look into those.  I sent you a message with some more info about me. 

@Michael Macklin

Thank you.  Will do. 

Post: Tax and Legal referrals wanted in Indiana

Aaron ClementsPosted
  • Specialist
  • Indianapolis, IN
  • Posts 41
  • Votes 20

Thanks Adrien S. Sounds like that'd be a great place to start looking.  I'll look him up. 

Post: Due diligence websites

Aaron ClementsPosted
  • Specialist
  • Indianapolis, IN
  • Posts 41
  • Votes 20

Thanks @Nick Colamarino I do plan on going that route at some point in the process, but for the first few deals I'm planning on working around that initial expense and plan on allocating those funds to marketing and building my network. 

Post: Due diligence websites

Aaron ClementsPosted
  • Specialist
  • Indianapolis, IN
  • Posts 41
  • Votes 20

Hello All!

I'm just starting out and would like to know some good websites to do market research and due diligence for markets and properties. Where can I find out about population increase/decrease in particular markets and median values of single and multi family homes? I'm currently based in Indiana but am looking at possibly relocating to Phoenix. Thanks in advance for your input!

Post: Tax and Legal referrals wanted in Indiana

Aaron ClementsPosted
  • Specialist
  • Indianapolis, IN
  • Posts 41
  • Votes 20

Hello BP vets!

I'm just getting started and I'm looking for referrals for a quality real estate minded CPA and lawyer. I'm located in the Indianapolis market, but travel a lot so I'm open to professionals in other markets if it's the right fit. Thanks in advance!

Aaron

Post: Newbie from Indianapolis, Indiana

Aaron ClementsPosted
  • Specialist
  • Indianapolis, IN
  • Posts 41
  • Votes 20

Thanks @Iverem Rose, I appreciate it! I gab have attended a few meetings of CIREA that @Mduduzi Matshazi was mentioning. I have just been elsewhere in the country for the last few meetings so ice been unable to attend them lately.

Good luck and welcome to you as well Mduduzi! I hope our paths will cross as well.

Post: Newbie from Indianapolis, Indiana

Aaron ClementsPosted
  • Specialist
  • Indianapolis, IN
  • Posts 41
  • Votes 20

Thanks Steve! I've been reading and listening.  Definitely want to get the networking aspect moving along. Thanks!