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All Forum Posts by: Rod Murray

Rod Murray has started 5 posts and replied 14 times.

Post: Partnership Agreements Advice

Rod MurrayPosted
  • New to Real Estate
  • Houston, TX
  • Posts 14
  • Votes 5

@Andrea Lane Good morning and thank you for that insight! We are collectively looking at 2-3 states initially, so I'll be sure to do research on an attorney in each if I'm following what you are saying correctly?

Post: Partnership Agreements Advice

Rod MurrayPosted
  • New to Real Estate
  • Houston, TX
  • Posts 14
  • Votes 5

@Peter Mckernan Understood! Thanks for that! Have a great day!

Post: Partnership Agreements Advice

Rod MurrayPosted
  • New to Real Estate
  • Houston, TX
  • Posts 14
  • Votes 5

@Greg Franck @Peter Mckernan Gentlemen, Good morning and Thank you for this sound advice! Initially, we thought this was a task we could hammer out ourselves, but it definitely will remove a headache doing it this way. (I was already struggling w/ documentation format lol). 

A follow-up question, if I may, does it matter if the attorney is in a specific state if we are not co-located and spread across multiple states?

Post: Partnership Agreements Advice

Rod MurrayPosted
  • New to Real Estate
  • Houston, TX
  • Posts 14
  • Votes 5

Good morning BPs,

I'm relatively new to REI and am starting a new venture with some of my military brothers in wholesaling and flipping. We're all very hungry, but want to ensure we start the right way administratively to avoid obstacles down the road. As we begin together, one of the processes, I'm a bit clueless on, is whether it is wise to doctor up a partnership agreement and if there are some specific language to include.

I'd greatly appreciate any information or insight anyone has with starting this grassroot venture with partners.