group investment / forming an LLC

[Lora Krulak]

Hello!

I am investing in a new development with some others. This is our first investment together. Other than forming an LLC what other things do I need to do / look out for.

Thank you so much 

Lora

[Paul Crosby II]

 I would suggest having an attorney on standby as well. 

An LLC is nice but you should have documentation and process around member duties, how to liquidate one's ownership and how you will exit properties to name a few.