Majority of them are getting on to their later years and dying which will create more supply. 

I say “rapid quote” meaning they can professionally eyeball the job by walking the house and create a “rough” estimate.

What I wrote above does not create an attorney/client relationship between us.

I like the idea of using a deflating defined benefit pension annuity to match a deflating 30 year mortgage thereby creating a quasi "real estate backed inflation adjusted annuity."  

The lease states that tenant shall vacate premises on termination of the agreement unless;1) landlord and tenant have extended this agreement in writing or signed a new agreement; 2) mandated by local rent control law; or 3) landlord accepts rent from tenant, in which case a month to month tenancy shall be created which either party may terminate as specified in paragraph 2a2a states either party may terminate in writing with 30 says notice (paraphrased)Last May the tenant and I signed an agreement, rent increased 12.5% and the main verbiage is:Specifically, the Parties agree to extend the Lease as per Provision 2A/B “Month to month & Lease” The extension to run month to month beginning October 1, 2018 at a monthly rent of $XXXX and requires a 60 day notice on the part of either tenant or landlord in order to terminate the agreement.

Hello to all, new member checking in here.I’m a mechanical engineer by trade, working primarily in the industrial automation and robotics industries.I’ve been on the fence reading/listening/dreaming for way too long learning about various investment opportunities and am ready to take a leap into real estate investing.I’m most intetested in multi-family and possibly note investing with some IRA funds to start.I’m looking to start building a network in this industry and creating a life with more freedom for myself.Thanks for reading.

Should I create a S LLC now or later?

Ideally you want each property in their own LLC and then on top of that, if you are self-managing the properties, you would need to create an LLC just for the management or the tenant can also come after you since you are the property manager.

We use REIPRO to create our own mailing lists.

Hi I’ve been working on creating more lists to market too.