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All Forum Posts by: Whitney Hanson Bollinger

Whitney Hanson Bollinger has started 2 posts and replied 2 times.

Starting Out

Post: Transferring Home Mortgage to LLC in Texas

Whitney Hanson BollingerPosted
  • Posts 2
  • Votes 0

Does anyone have experience transferring an existing primary residence mortgage into an LLC to transition the home to a rental property?

0 Votes
Starting Out

Post: Calculating ROI for Converting Primary Residence to Rental Property

Whitney Hanson BollingerPosted
  • Posts 2
  • Votes 0

Hi everyone! My husband and are are planning to move out of state next spring and are considering renting our primary home while purchasing a new one. Our primary home was a rental property before I bought it and the neighborhood we are in does well with rentals.

I'm looking to calculate ROI and rental income and appreciation projections, but all of the forumlas and spreadsheets I'm finding are for homes being purchased specifically for rental, not converting an owned house. Our house has significant equity, and I want to ensure that we are taking all of that into account.

Does anyone have any recommendations on calculators or what numbers to plug into the standard calculators to get an accurate reflection?

0 Votes
Fort Worth, Texas