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Updated over 3 years ago,

User Stats

19
Posts
6
Votes
Arzu Alimjan
Pro Member
  • Real Estate Agent
  • PA, NJ
6
Votes |
19
Posts

Operating Agreement for LLC

Arzu Alimjan
Pro Member
  • Real Estate Agent
  • PA, NJ
Posted

I am looking at creating an LLC with a friend where we would like our joint venture/partnership to be 50/50. We are trying to determine what the contract terms should require for short term rentals versus the standard rental property leases. Is there anyone that could share draft contracts of what their partnerships look like for both short terms rentals and rental property leases? Does it make sense to get a lawyer involved? If we wanted to get others involved in our deals for future growth would the terms have to be revised to accommodate? I would love to hear what you guys have to say on this and if there are any good draft copies I can go off of. Thank you.

  • Arzu Alimjan
  • Loading replies...