When I purchased my home last year (I served as my own agent), I was amazed at the lack of knowledge on the part of full-time agents.

This has served me well as my average tenant is about 5yrs.I have about 25 rentals but I don't tell my tenants that.

Part of the process of becoming a lawyer (or doctor, or engineer, or architect, or accountant, etc...) is learning a broad range of information that serve as background information - which information may not be directly related to the topic you are reading about, but which information helps put things in context.

But if the sh*t hits the fan, and the operating agreement doesn't serve your needs, you'll wish things had been different.UNDERSTANDING PROCEDURESEven with all the paperwork in order, you can get in trouble if you don't understand how to do things the right way.

Hi all,I'm a new member to BP so this post serves as both an introduction and a question.

And, thanks for serving!

The attorney will also serve as a neutral party taking emotions and family out of it and sticking to the task at hand to correct the issue.This is one of those things where people thinking they are saving money upfront costs more on the back end.

I own a two-family brownstone row house in the Prospect Heights neighborhood of Brooklyn, NY that serves as my primary residence.

It seems as though liens and deeds would serve this purpose.

Hi Sean,Welcome to BP and thank you for serving our country!