Surviving a Recession of Real Estate (Part 6)

Today, is the last day of the series of tips on “Surviving a Recession in Real Estate”.

The cost saving tip for today is considering Pre-paid legal.   Pre-paid legal is a monthly fixed amount that you pay.  The monthly amount varies based on the amount of legal service you think you may require; however, the coverage is as low as $19.95 a month.

Instead of having the attorney draw up a lease each time you have a new tenant have the attorney draw up one lease that you can duplicate.  You could also have the attorney review several contracts at once for a reduced amount per contract.