The first has 75% ownership and the second has 25%.In a more complex case, one member would generate an ownership percentage based on contribution of labor, property, materials, patents or anything else.Your operating agreement should spell this out.If its the first case, the first member would sell one third of your ownership to the second member.

Even that has pitfalls, the real way to protect it is a patent and patents are public knowledge.

It is patently stupid to be putting 1 residential property (assuming the house is below $500K-$1M) per LLC.

Some areas of Derwood and Silver Springs don’t have the best school ratings (but subjectively I hear from the patently the schools are great).Any advice would be greatly appreciated!

I worked as a bank representative, signing up dealerships across the country and teaching them how to use the patented system developed by Westlake in order to help facilitate their sales and add to their bottom line.

I'm not a strong believer in wholesalers' gimmicky "helping out" mantra, when it's patently false].

Depends on class of rental of course, but if you are renting C or D class, I am not sure you would want the tenant in the property by themselves.I think part of the reason there are limited options is that Rently and a couple other lock companies have patents on what they are doing. 

There is an r.e agent in my area who says he has this patented software.

@Chris Clothier I have always and still respect you but what you wrote is patently false.

The deed or land Patent comes from the state office like the chancellor clerks office after the auction is over, I'm not sure if you're doing the same thing.1.