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All Forum Posts by: Trevor Neale

Trevor Neale has started 8 posts and replied 33 times.

Post: How to change title using your personal name to LLC?

Trevor NealePosted
  • Rental Property Investor
  • Newark, NJ
  • Posts 33
  • Votes 13
Quote from @Devin Peterson:
Quote from @Trevor Neale:

What is the procedure of changing your investment property to a LLC to protect you ?

Hmmmm amazing thanks

 @Chris Seveney Here we are again! - Trevor, there is a common misconception to this notion. I must have seen Chris answer this two dozen times over, and he does a real good job at it. That being said, if you wanted to change title for any reason you can try with a quit claim deed at your local attorney or title office. Just make sure the lender who holds the note doesn't have any rules around acceleration clauses in their loan covenants. Good luck!


Post: Good deal or not!! How would i know?

Trevor NealePosted
  • Rental Property Investor
  • Newark, NJ
  • Posts 33
  • Votes 13

What calculations do I have to use to see my Cap rate or to see if the cash flow is a good deal ???

Post: How to change title using your personal name to LLC?

Trevor NealePosted
  • Rental Property Investor
  • Newark, NJ
  • Posts 33
  • Votes 13

What is the procedure of changing your investment property to a LLC to protect you ?

Post: Considering Section 8 investments, What are pros and cons?

Trevor NealePosted
  • Rental Property Investor
  • Newark, NJ
  • Posts 33
  • Votes 13

Pro, Money on time , con inspections lol

Post: Paying your LLC from your own investment property?

Trevor NealePosted
  • Rental Property Investor
  • Newark, NJ
  • Posts 33
  • Votes 13

@Chris Seveney it's still possible, thanks for the clarification

Post: Paying your LLC from your own investment property?

Trevor NealePosted
  • Rental Property Investor
  • Newark, NJ
  • Posts 33
  • Votes 13

@Chris Seveney I asked if it's possible.

Post: Paying your LLC from your own investment property?

Trevor NealePosted
  • Rental Property Investor
  • Newark, NJ
  • Posts 33
  • Votes 13

Hello to all my beautiful people , a thought came to my head and I wanted to ask you all. So if you have an investment property, on your personal name, can you the owner create a LLC and get paid from your own property to the LLC?

Post: Rental needs emergency repairs, personal DTI too high for personal loans

Trevor NealePosted
  • Rental Property Investor
  • Newark, NJ
  • Posts 33
  • Votes 13

@Tabitha Bean

One more thing, $45k rehab for a 700 sq ft sounds crazy. I think you should get another contractor to give you an estimate.

Post: Rental needs emergency repairs, personal DTI too high for personal loans

Trevor NealePosted
  • Rental Property Investor
  • Newark, NJ
  • Posts 33
  • Votes 13

@Tabitha Bean

I wish you all the best !! Be strong and it will work out. Some people post here kicking people while they are down. Gesh helping someone is not that hard. Just share some options or some of your knowledge . We all started from somewhere . All the best Tabitha

Post: Newbie with 3plex looking to network NY NJ for new buying options

Trevor NealePosted
  • Rental Property Investor
  • Newark, NJ
  • Posts 33
  • Votes 13

@Shawn Mcenteer this made me excited !! Let's go