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Updated over 8 years ago on . Most recent reply

User Stats

33
Posts
8
Votes
Chris Smith
  • Investor
  • Atlanta, GA
8
Votes |
33
Posts

Attorney for partner or no?

Chris Smith
  • Investor
  • Atlanta, GA
Posted
Hello, I'm new to REI. I'm currently partnered with a friend who has real estate experience and a real estate attorney. 33% equity split between all three of us. But I have mix feelings about partnering with an attorney. He is very busy and only doing the legal side when needed. My other partner and I are doing all the work. Has anyone partnered with an attorney before? Is it worth the equity split? What are the pros and cons? Thanks for the help in advance.

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