I'm a real estate investor and entrepreneur looking to reorganize 2 businesses and a couple properties into 1 investment company. Is this something you can advise on?

Well, putting aside the very important detail that an LLC offers limitation of liability and a sole proprietorship does not, the difference between a sole proprietorship and an LLC is that you can allocate the profits to others through membership interests. This means you can bring on one or more investors and allocate the capital appreciation, profit and cash flow to the investors with the same or different terms from your interest, and that you can share profits with employees through a "profits interest". There is a great deal of flexibility that you can use through a properly drafted operating agreement.

Hello! My name is Dolan and I'm happy to help. Generally, an agreement can't be modified without the consent of the parties involved and additional consideration included (e.g. something in exchange). Whether the operating agreement can be changed depends on the terms itself. The parties can agree that only a majority vote is needed or may require a unanimous agreement for something like this. We can review the operating agreement for you and let you know what your rights are and offer some advice. Best of luck!

The operating agreement is just one of the many things you need to do to show that you are treating this LLC as separate from you personally. With that being said, you will put the operating agreement into a records books with other things like your articles of organization, other government filings, membership ledger, etc. Then keep it at the primary place of business.

It primarily depends on what your operating agreement says regarding consent for making changes. That will control the process. If it is just changes to the operating agreement, it does not need to be reported to the Secretary of State. Changes to the Articles of Organization would need to be reported, however.

It depends on the industry and complexity of the purpose of the agreement.