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All Forum Posts by: Fadel Shamm

Fadel Shamm has started 3 posts and replied 7 times.

The Kentucky Life property management 

Post: LImited liability company vs owner name

Fadel ShammPosted
  • Investor
  • Lexington, KY
  • Posts 7
  • Votes 2

My agent is suggesting to establish a LLC as I am growing my portfolio to have more rental properties, I want to hear your opinion, what are the pros and cons of LLC?

Do you transfer houses ownership to the LLC? Can you get Mortgage under the LLC umbrella? And how exactly does it protect your assets?

Post: Title insurance for rental properties

Fadel ShammPosted
  • Investor
  • Lexington, KY
  • Posts 7
  • Votes 2

I am purchasing single family houses through MLS list, I thought the closing company would catch any pending liens, but thank you for the eye opener advice, truly appreciate it

Post: Title insurance for rental properties

Fadel ShammPosted
  • Investor
  • Lexington, KY
  • Posts 7
  • Votes 2

this question came up as I am getting closer to the closing date for my last 2 rental properties 

Do you want to purchase a title insurance?

What is the expertise opinion on this

Post: Cash vs low interest mortgage

Fadel ShammPosted
  • Investor
  • Lexington, KY
  • Posts 7
  • Votes 2

thank you Steve

Post: Cash vs low interest mortgage

Fadel ShammPosted
  • Investor
  • Lexington, KY
  • Posts 7
  • Votes 2

thank you Jeff, my goal is to get the best out of my money, regardless of how many rentals I may own. I am thinking my best indicator should be a cash to cash ratio, and if mortgage will get almost the same ratio then it should be the better option.

Post: Cash vs low interest mortgage

Fadel ShammPosted
  • Investor
  • Lexington, KY
  • Posts 7
  • Votes 2

As a new-bie I want to ask the people with expertise, when buying a rental property would you use cash if you have it, or would take a mortgage and split you cash to buy multiple properties?

Thanks