Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 2 years ago,
Raised capital from investors, what as must have's in your Operating Agreement?
We have an opportunity to purchase two multi unit properties. It will be seller financed. We raised the capital for down payment at 20%. What are the top 10 things to make sure are in the Operating Agreement between us and the investors? Such as, we have complete executing control, we decide when we sell, disbursements, refinancing the property, etc. What would be your must have's?
PS. Yes, we are having an attorney write this OA up, we just wanted opinions to make sure we arent missing anything.