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Updated about 2 years ago on . Most recent reply

Michael Douglas Christensen's profile image
Michael Douglas Christensen's profile image
Michael Douglas Christensen
  • from Nashville, TN
  • Member since Jul 10, 2016
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Michael Douglas Christensen's profile image
Michael Douglas Christensen's profile image
Michael Douglas Christensen
  • from Nashville, TN
  • Member since Jul 10, 2016
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Michael Douglas Christensen
  • Nashville, TN
14
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38
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Legal & Legislation

Operating Agreement

Michael Douglas Christensen
  • Nashville, TN
Posted

Hey BiggerPockets! 

I'm about to set up the operating agreement within an LLC and was wondering if any investors in Utah have done this on their own? Would you recommend I ask a lawyer do this for me? If so, what law firms specialize in real estate and would do a good job? How much should I expect to pay a lawyer for doing this? Thanks in advance!

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Shaun Vembutty's profile image
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Shaun Vembutty
  • Investor and Home builder
  • from Sugar Land, Texas
  • Member since Oct 6, 2016
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Shaun Vembutty's profile image
Shaun Vembutty
  • Investor and Home builder
  • from Sugar Land, Texas
  • Member since Oct 6, 2016
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Shaun Vembutty
  • Investor and Home builder
  • Sugar Land, TX
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Shaun Vembutty
  • Investor and Home builder
  • Sugar Land, TX
Replied

A standard operating agreement is automatically drafted for you with basic provisions when you open a legal entity with online services such as LegalZoom. If the structure of the LLC is unique or if you need additional language included, you might want to hire an attorney and open it through him/her instead.

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