Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago,

User Stats

19
Posts
8
Votes
Trey Fischer
  • Rental Property Investor
  • Boerne, TX
8
Votes |
19
Posts

Looking for some advice regarding the best path forward

Trey Fischer
  • Rental Property Investor
  • Boerne, TX
Posted

Hello,  

I have a couple of general questions to ask, but some background.  We rented out our first home for about 5 years, so I am familiar with land lording and all the work that can come with that.  Towards the end of the five years I used a property management company so I didn't have to deal with the headaches since I lived out of town from the rental property. 

Here are my questions:

1. If we are looking to purchase a few properties does it make sense to get a LLC and if so how do you transfer the property to the LLC without causing a bank to use the Due on Sale clause?

2. If half of my assets are liquid and the other half is in a retirement account what advice do you have for investing in real estate?

3. I am looking to be a fairly passive investor, what do you believe is my best path forward?

I am located in the Texas Hill Country, BTW..

Thanks

Loading replies...