Finding an "Investor friendly" attorney

[Gerald David]

I'm wondering what specific questions I should ask when interviewing an attorney who might become part of my team.

Currently, I am targeting homes that I can either wholesale to a rehabber or "subject to" to a buyer who may be "credit challenged", but will refi in 4-5 years or so.

Also, since I'm sure I would use the attorney to close "subject to" properties, what is a reasonable fee an attorney would charge? Will they be willing to discount their fees if they knew any and all of my "subject to" deals would be closed only by that one attorney?

Is there an attorney that fits this mold in Southern Oregon?

[Ned Carey]

You didn't specifically say what kind of attorney. From your questions I assume you are wondering about a title attorney.

Keep in mind you may need several attorneys if your business grows. A title attorney, Landlord tenant attorney, general real estate attorney, and perhaps a bulldog litigator are all different types of attorneys you may wind up using in your business.

Like any good business an attorney may offer a discount to their best customers. However if yo only give them the tough ones or complex deals they may not.

I want to make two important points here. Often when doing my deals the other side is paying the closing costs, so I am not that concerned about the price.

More importantly is my second point. Don't quibble over legal fees. Use the best professionals you can get. Certain costs are worth negotiating down, but challenging some costs bring diminishing returns. You wouldn't shop around for the cheapest brain surgeon you could find.

The best way to find any professional is ask other experienced investors. While many may be hesitant to share their prized contractor, most will let you know the title company or CPA to use.
Good luck - Ned