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Updated about 16 years ago on . Most recent reply

Reggie Smith's profile image
Reggie Smith's profile image
Reggie Smith
  • Developer
  • from Atlanta, Georgia
  • Member since Mar 28, 2009
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Reggie Smith's profile image
Reggie Smith's profile image
Reggie Smith
  • Developer
  • from Atlanta, Georgia
  • Member since Mar 28, 2009
Connect
Reggie Smith
  • Developer
  • Atlanta, GA
0
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3
Posts
Real Estate Deal Analysis & Advice

Need Advice On LLC Structure With Property Owner Participating

Reggie Smith
  • Developer
  • Atlanta, GA
Posted

I am going to re-develop 3 buildings in the Atlanta area and the property owner wants to be involved in the LLC that develops the building. How should I structure the memberships? He wants to carry back a portion of the sales price as his shares. What is the best way so as to limit his involvement in day to day decisions? I need him carrying some of the purchase price to get the best funding deal.

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