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Updated over 7 years ago,
Questions about joint venture
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.