All Forum Posts by: Trevor Neale
Trevor Neale has started 8 posts and replied 34 times.
Post: Adding a Washer/Dryer Closet to thee Rentals
- Rental Property Investor
- Newark, NJ
- Posts 34
- Votes 14
@Jonathan Krauser AMEN!! problems and water bills increase
Post: How to change title using your personal name to LLC?
- Rental Property Investor
- Newark, NJ
- Posts 34
- Votes 14
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?
- Rental Property Investor
- Newark, NJ
- Posts 34
- Votes 14
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?
- Rental Property Investor
- Newark, NJ
- Posts 34
- Votes 14
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?
- Rental Property Investor
- Newark, NJ
- Posts 34
- Votes 14
Pro, Money on time , con inspections lol
Post: Paying your LLC from your own investment property?
- Rental Property Investor
- Newark, NJ
- Posts 34
- Votes 14
@Chris Seveney it's still possible, thanks for the clarification
Post: Paying your LLC from your own investment property?
- Rental Property Investor
- Newark, NJ
- Posts 34
- Votes 14
@Chris Seveney I asked if it's possible.
Post: Paying your LLC from your own investment property?
- Rental Property Investor
- Newark, NJ
- Posts 34
- Votes 14
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
- Rental Property Investor
- Newark, NJ
- Posts 34
- Votes 14
@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
- Rental Property Investor
- Newark, NJ
- Posts 34
- Votes 14
@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