It's a great place to expand your network if you are already engaged in RE.

Kids growing older and looming retirement spurs action, but it's less effective at that age. 

When I sell to buyers, they make their checks out to me personally.I formed an LLC today (today is the Effective Formation Date) and I notified all my buyers to begin making their checks to me payable to my LLC (instead of me personally).However, what is the proper thing to do with those checks my buyers *already* wrote a couple weeks ago (that are currently in the mail on their way to me) that have been endorsed to me personally? 

Another favorite site of BPer's: http://www.lonestarlandlaw.com/deceptive-trade-pra...Notice that "taking advantage of" and "predatory" have the same meaning.Consumer protection laws are basically, anti-predatory laws:https://www.nclc.org/images/pdf/udap/report_50_sta...Look to pages 6, 7 and 8, in the charts you'll see real estate listed and the findings of the effectiveness of state laws, in the opinion of the study.Here's GA.

We're looking OOS, AND sitting in cash,  feeling a cyclical change coming, nothing big, (rubber band effect), just a return of a bit of common sense.

So, it really only effects cash flow before debt service.

During the discussion i told him the three ties i came up with. knowing that i am interested in real estate he asked what would be the effects of an eviction.

Push the money into federal municipalities, state municipalities, and paying off your most profitable property in my opinion.Federal and state municipality funds are tax free investments, and mine perform in the 8-9% range, which means tax effective 11-12% range, equal to that of a decent cap return for real estate, plus they usually pay monthly.on top of that, the last thing the states and feds wont pay is their water, power, and sewage bills, hence why its a good steady flow of income.Also, it gives you three sources of solid residual income.

However if the tenant doesn't exercise this option the higher rent rate will still go into effect on a month-to-month tenancy.Your rent increase cannot be "unconscionable" (unreasonable) and you have the burden of proving that the rent increase is fair.And if you are interested in just how a judge is supposed to determine whether your rent increase was indeed fair:In Fromet Properties Inc. v.

This effects corporate and private accounting and real estate.