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Updated about 4 years ago on . Most recent reply

Dentric Vance's profile image
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Dentric Vance
  • Real Estate Broker
  • from Muncie, IN
  • Member since Mar 29, 2019
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Dentric Vance's profile image
Dentric Vance's profile image
Dentric Vance
  • Real Estate Broker
  • from Muncie, IN
  • Member since Mar 29, 2019
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Dentric Vance
  • Real Estate Broker
  • Muncie, IN
7
Votes |
31
Posts
Starting Out

Do I need an operating agreement?!

Dentric Vance
  • Real Estate Broker
  • Muncie, IN
Posted

Just need a little feedback, I’m just starting out and needing to know is an operating agreement necessary or something I could wait to do later?  Also, where do I go to get on completed?! 

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Joseph Firmin's profile image
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Joseph Firmin
  • Rental Property Investor
  • from Smyrna, GA
  • Member since Oct 9, 2018
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Joseph Firmin
  • Rental Property Investor
  • from Smyrna, GA
  • Member since Oct 9, 2018
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Joseph Firmin
  • Rental Property Investor
  • Smyrna, GA
645
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974
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Joseph Firmin
  • Rental Property Investor
  • Smyrna, GA
Replied

Operating agreement for what? Your LLC? - Yes. Set it up the right way or don't do it - negates the legal protection of the entity if you don't set it up the right way. Otherwise, just stay a sole proprietor. If you need one and want it done right, I'd recommend contacting Corporate Direct.

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