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All Forum Posts by: Adam Stone

Adam Stone has started 2 posts and replied 3 times.

Post: sf property transfer to LLC

Adam StonePosted
  • Real Estate Investor
  • Houston, TX
  • Posts 4
  • Votes 0

Hello investors, this is my first post so I apologize in advance if anything about it is screwy...

I have created and LLC and I am getting ready to transfer my sf properties. Four of them have a full payment 'due on sale' clause with their lender (the other three with SNMC do not). I have been advised by an investor and a mortgage broker that this wasn't an issue. The banks will not care as long as the mortgage payment is coming in monthly. Any other opinions on this? What if the mortgage is sold to another bank? Will it be an issue if the title is in the LLC name vs mine?

Another question less relevant: will transferring to LLC stop the wholesalers' texts/calls to my and my wife's cell if the title no longer has our name?

Thanks.

Post: management company recommendations in Houston

Adam StonePosted
  • Real Estate Investor
  • Houston, TX
  • Posts 4
  • Votes 0

I saw your post from last year looking for a pmc. Did you find anybody you are happy with or are you still searching?

Post: management company recommendations in Houston

Adam StonePosted
  • Real Estate Investor
  • Houston, TX
  • Posts 4
  • Votes 0

hello fellow investors,

I have recently purchased my first investment property (stressful but also lots of fun) and will soon comlete the rehab. I enjoy my job very much and I am not interested in property management.

Can anybody recommend a good management company in the Houston area for single family homes? I plan to purchase 4 - 6 more homes in the next year.

Thanks