Develop an operating agreement that spells out the purpose of the LLC who has what role, who makes decisions, how are differences between the two of you resolved and an exit plan.Have an attorney draft up the document so each party is protected.  

@Thomas BreedloveDepending upon your unique circumstances, you might want to try making a roofer a partner on the project.

Development Standards.

Yes to all given the right circumstances.

I’m in the early stages of developing my Real Estate Investing business and I’m looking to connect with experienced Wholesalers and/or Investors.At the moment I’m working on analyzing my local market and finding good deals.

Althouth inventory is tight, the constant development (i.e Beltline) going on around the metro Atlanta area, I still think we have a good 2 - 5 year run before you see any real correction here.

I just bought a couple infill lots and want to develop them.

So far I’ve done everything from buy/hold, flipping, wholesaling, and now sub-divide and developing!

we did something similar we pooled 6 mil in cash and bought a premier housing development in Portland market.

I'd be happy to connect you personally with one of our business development managers to ensure it's better for you this time around.Brian Dally, Co-Founder & CEO - Groundfloor