Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Goals, Business Plans & Entities
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 9 years ago on . Most recent reply

User Stats

43
Posts
2
Votes
Hunter Estess
  • Investor
  • New Orleans, LA
2
Votes |
43
Posts

Partnership operating agreements

Hunter Estess
  • Investor
  • New Orleans, LA
Posted
I am partnering with 2 people on their first buy and hold property. I am a good bit more experienced in real estate, real estate investing, and construction than they are. I am partnering in an effort to 1) get their feet wet, 2) help teach/learn, 3) to make a small return. I found the deal and essentially am bringing the "found" equity to the table as my share and they are bringing the remaining cash. I am looking for a strong operating agreement that will help layout the roles, responsibilities, profit sharing, exit strategy, how to handle expenses, and so on. Does anyone already have an operating agreement that we could emulate and customize to fit our plan? Thanks in advance.

Loading replies...