All Forum Posts by: Adam Leitman Bailey

Welcome to Bigger Pockets, Lance

I agree with Andrew, shop around to see what other costs may be. If the one you're using now is substantially higher than you are obviously being taken advantage of. You could also hire a transactional attorney to assist you with this

It depends on the area, if you're looking to invest in an area with highly complex laws like NYC you should absolutely have an attorney at hand

You can have an attorney write them a legal letter to assist with the process a bit, otherwise as others have said a buyout could be effective.

Welcome to Bigger Pockets Martin

Yes, I am an attorney in New York City

Definitely take it to an attorney, they'll be able to tell you exactly what is written in the contract and whether anything else is negotiable  

Follow your dreams! You have such a great resource here to help you build a large and diverse real estate portfolio. Use it and its users to their full advantage

Welcome to bigger pockets and the real estate investing community! Long Island is a tough one because so many decide to buy rather than rent, but that doesn't mean there aren't any renters out there. Also with the high tax rate on Long Island you have a great opportunity to utilize that to your advantage for renters. Good luck, you'll do great

Blumberg forms is a great resource. So many great lease forms written by some great experts