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? 

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Do I have to involve the bank in collecting bids and selecting subcontractors for scopes of work?

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.

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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.

Find ways to encourage your difficult decisions and be selective of the people you spend time with. 

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.

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