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
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
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

All Forum Posts by: Justin Hammerle

Justin Hammerle has started 1 posts and replied 392 times.

Post: Investment property advice

Justin HammerlePosted
  • Realtor
  • Providence, RI
  • Posts 404
  • Votes 262

@Elizabeth Pratt

Has their been any discussion about you and your husband buying the investment property through an entity; whether it be LLC or LP? If you have long term goals of investing in real estate this may be something to explore. Also this could help shield you from any personal liability outside of what your willing to pledge to get the deal done.

Post: Rent our current house?

Justin HammerlePosted
  • Realtor
  • Providence, RI
  • Posts 404
  • Votes 262

@Meredith Dove I think your question is dependent on a lot of factors; mainly what you currently owe on your house, what that house currently rents for, your income, your savings, and your overall investment goals.  Without understanding each in a very detailed way, it would be difficult to give you advice that would hold much merit.  My quick simple two cents is, if you don't have enough income to support your current mortgage and an additional home large enough for your family, it would quickly rule out the idea of renting.