Does Your Real Estate Partnership Need a Lawyer?

Real estate investing can be expensive when you go it alone, but investing with a partner might not save you money if you don't anticipate what can go wrong, and get it all down on paper. And there's plenty that can go wrong including very expensive lawsuits. In today's episode, you'll hear from a real estate attorney who is passionate about this topic. Jeff Lerman calls himself "The Real Estate Investor's Lawyer" because he not only understands the legal side of real estate, he also understands the business side as a real estate investor. He'll explain the difference between joint ventures and syndications, when and why you should talk to an attorney who knows about real estate, and how a well-written agreement can help prevent future problems and preserve relationships. Jeff is co-founder and partner at Lerman Law Partners, which is based in Marin County. He's listed as one of the "Top Attorneys in Northern California" by San Francisco magazine and helps investors nationwide with their transactions. That includes entity formation, syndications, joint ventures, purchase and sale agreements, and the preparation of loan documents. His credentials also include President of the Marin County Bar Association and Northern California Super Lawyer (top 5% of lawyers). Join RealWealth today at realwealthshow.com to find out how to build wealth with new and renovated single-family rentals. Membership is free, and will give you access to the Investor Portal where you can view sample property pro-formas and connect with our network of resources, including experienced investment counselors, property teams, lenders, 1031 exchange facilitators, attorneys, CPAs and more. And please remember to subscribe to our podcast and leave a review if you like what you hear! Thank you!