Atlanta, GA · Member since 2017 · 2 posts · 0 votes
I need to locate a good RE attorney in Atlanta and prefer to build relationship with one versus multiple. Is it practical or even logical that one attorney serves multiple functions or is the norm one attorney for one specialty ie.. closing attorney, business structure, land-lording, etc.
@Steve Hedenquist you could probably find a generalist however you would lose out on the value of specialists. If you're looking for closing attorneys, I could recommend a few but I still don't know if they are a right fit for you. Could give us a little bit more detail on the types of deals you're looking to close or potential business you have to bring to them? That could help us in directing you to the best resources.
Initially, I need advice regarding jointly owned vacation rental in St. Augustine (FL) that was inherited. I've been managing the the property since 2014 and hired a good local firm in St. Augustine to get the title cleared and transferred. The process took several months and was rather expensive in my opinion but I'm a newbie. Now I want to evaluate need for creating LLC with split ownership, two owners reside in GA, the other CA.
Long-term, I'm going to invest in real-estate and will need advice on business and deal structure plus other business and tax issues. I know that specialists are typically more knowledgeable and more expensive, was just inquiring if there might be such a thing as a "generalist" who specializes in RE investing that could cover more than one issue or if that is too much to ask?
So, first order of business is the rental property / LLC decision. Second issue is legal structure for new real estate business. Tertiary issues would be contracts, land-lording and other "as-needed" advice specific to real estate investing.
My primary focus will be on MF rentals, secondary focus will be SF flips or SF BRRR's, it will depend upon he deal.
I have been researching BP site for several months and networking locally but I just decided it was time to see what kind of response I would receive from the BP community on questions that I'm unable to answer on my own.
@Steve Hedenquist - I'd be glad to refer you to a couple of different people that I know and trust that can help you. Feel free to call, text, email or PM me.