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Updated over 7 years ago,

User Stats

362
Posts
93
Votes
Justin Young
  • Investor
  • Honolulu, HI
93
Votes |
362
Posts

Questions about joint venture

Justin Young
  • Investor
  • Honolulu, HI
Posted

Aloha BP!

I'm trying to become more familiar with the joint venture. I have a few questions about this process.

1) Does the JV operating agreement need to be set-up by an attorney/lawyer in the state I plan to invest in?

2) If I plan to 1 partner JV with me but end up bringing in 2 more partners, would I need to have multiple operating agreements prepared for the "what if"?

3) How much do these typically cost to set up? Is there a special type of attorney/lawyer that I need to get in contact with?

4) Is there a set of questions that I should ask this attorney/lawyer?

5) Should I contact anyone else before preparing for a JV?

That is all I have for now but I know there are more to ask. If anyone could help me with this, I'd greatly appreciate it.