Real Property Law

I am 'a' lawyer not 'your' lawyer. No legal advice is given through this account.

[Real Property Law @Attorney4Now]

@chrisderose Isn't that most of them?

[Real Property Law @Attorney4Now]

@REdebtlawyer @SteelToeScribe @SellersCounsel This got really bad in 2023 - 2024 when debt funds got popular. All of a sudden a 60 million dollar construction loan in flyover country required a team of 4 lawyers from NYC and an equally expensive team responding to them. It was a perfect storm of new money & overcomplication.

[Real Property Law @Attorney4Now]

@chrisderose I guess no one is cool in high school anymore.

[Real Property Law @Attorney4Now]

@REdebtlawyer @SteelToeScribe @SellersCounsel I agree but it is concerning that everyone thinks it will take someone else's job and not theirs. I do a fair amount of large construction loan deals and have always thought that a better version of laser pro documents could automate away half of the legal spend on my loans.

[Real Property Law @Attorney4Now]

@chrisderose Are planning on building any more of these? Do they still pencil at current rates and prices?

[Real Property Law @Attorney4Now]

@SMB_Attorney That wasn't my experience in a big firm (not K&E but a peer). I still remember a senior associate bragging about sending emails the night she had a baby. That same associate crashed out hard when she didn't make partner a few years later, so I am not sure it paid off for her.

[Real Property Law @Attorney4Now]

@bradford_hardin @investing_law I am with Michael on this. I billed 2500 hours at an AM LAW 50 firm for multiple years as an associate and got very little out of it from a career perspective. The years I really grew my practice and formed relationships that lasted were always when I billed less than 2000 hours.

[Real Property Law @Attorney4Now]

@SMB_Attorney Meanwhile at Kirkland:

[Real Property Law @Attorney4Now]

@chrisderose @Cashflow_Cowboy @moseskagan There will be real life consequences if we don't have a viable replacement for the 2007 Colorado River operating guidelines. If CAP water goes away away cities will be affected. For instance, Scottsdale get 70% of its municipal water from CAP.

[Real Property Law @Attorney4Now]

@KDTrey5 @theIVpointplay Bro...you own part of the blame for lack of team chemistry when you were on the Suns. You are a talented scorer but your lack of leadership was evident and you, as a veteran and star, need to own that.

[Real Property Law @Attorney4Now]

@investing_law This happen very often in real estate syndications.

[Real Property Law @Attorney4Now]

@chrisderose 2015 was the major changes but some of that was rolled back in 2019. Individual defect suits are still viable after notice and warranty claims exhausted but broad defect claims on behalf of a community are dead.

[Real Property Law @Attorney4Now]

@chrisderose Same old statue of repose (8 or 9 years). All of the changes I am referencing just made it harder for plaintiff's lawyers to get their legal fees paid, experts fees paid or to act collectively on behalf of all homeowners in a community. Those changes killed their business model.

[Real Property Law @Attorney4Now]

@Wildlaw406 @bradford_hardin Are you agnostic to jurisdiction? I may have a few more refferals for you...

[Real Property Law @Attorney4Now]

@bradford_hardin @investing_law This pretty much matches my experience investing in real estate syndications. But it was a strangely similar experience to investing in a fin tech startup in an angel round. In both cases I was told "pivoting our focus and strategy due to market forces" was a good thing.

[Real Property Law @Attorney4Now]

@chrisderose Why does this remind me of literally every real estate bro in Arizona?

[Real Property Law @Attorney4Now]

@AZLandInvestor Who is your land use counsel? I have heard Scottsdale is a blood bath lately.

[Real Property Law @Attorney4Now]

@jesseweimer @_FlipMan Lol. No attorney would agree to that. It would be malpractice.