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Updated over 8 years ago on . Most recent reply presented by

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Nathan Waters
  • Rental Property Investor
  • St Joseph, MI
106
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302
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Attornwy fee for drafting a joint venture contract

Nathan Waters
  • Rental Property Investor
  • St Joseph, MI
Posted

what's the typical fee most people have paid or are willing to pay for legal fees? My attorney wants $2000 to create a joint venture contract for private investors to tie their money as a lien against love of my houses. He will also record the lien. It seems a little steep. My other concern is that he has never done this specific type of contract. I'm trying to be open minded because we all start somewhere. Could use some words of wisdom here. 

  • Nathan Waters
  • Most Popular Reply

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    Jason Hirko
    • Lender
    • San Antonio, TX
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    Jason Hirko
    • Lender
    • San Antonio, TX
    Replied

    @Nathan Waters This sounds more like a syndication than a regular old JV that you could print off legal zoom. If he is your attorney, I would pay it if you're serious. Not worth switching lawyers to save a few bucks (maybe)

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