Sam was going into a joint venture with his brother-in-law Paul to develop a duplex that they would then rent out for years to come. Sam had the experience as a contractor, and Paul had the land. While both were sophisticated business people, they had been burned before. Each wanted to make sure they knew their rights, how the money would work, and how decisions got made.

Our real estate syndication experts in Calabasas CA worked with Sam and Paul to draft an operating agreement for their LLC that was extensive and established how the venture would work.

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