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All Forum Posts by: Eric Schneider

Eric Schneider has started 4 posts and replied 6 times.

Post: Caveat Emptor- TLC Lending Columbia MO

Eric SchneiderPosted
  • Specialist
  • Gulf Breeze, FL
  • Posts 6
  • Votes 1

Just wanted to provide a heads up to anyone looking to use this firm, don't. This was the worst experience I've had in over 6 years of investing and being a Realtor. 

Post: Subject To Newbie Looking For Guidance

Eric SchneiderPosted
  • Specialist
  • Gulf Breeze, FL
  • Posts 6
  • Votes 1
I’m a realtor and understand the legal side of subject To, looking for guidance on marketing/approach/lessons learned etc.

Post: Changing ownership from self to LLC

Eric SchneiderPosted
  • Specialist
  • Gulf Breeze, FL
  • Posts 6
  • Votes 1

Thank you all for the feedback. I have been burned in the past by insurance companies (as Steve B eludes to) and the LLC upfront costs were minimal going through LegalZoom and then having my attorney review the paperwork to make sure it was good to go.

Post: Changing ownership from self to LLC

Eric SchneiderPosted
  • Specialist
  • Gulf Breeze, FL
  • Posts 6
  • Votes 1
I started a company where I'm buying houses and renting them. I already have the LLC and want to build tangible assets under the LLC for future loans/lines of credit/etc.

Post: Changing ownership from self to LLC

Eric SchneiderPosted
  • Specialist
  • Gulf Breeze, FL
  • Posts 6
  • Votes 1
I'm wondering if the group can point me in the right direction. I recently purchased my first rental with a traditional loan in my name. I recently got it rented and wanted to put it in the name of my LLC, so I filed and submitted a quit claim deed, and was wondering what else is needed to have it under the LLC? Thanks in advance for any pointers.

Post: I've got the funding, found the house, going to put an offer in, what next?

Eric SchneiderPosted
  • Specialist
  • Gulf Breeze, FL
  • Posts 6
  • Votes 1

Found a good property, this is my very first rental and I just started into the rental property game and would like any suggestions/pointers/mistakes to avoid/etc.  Unfortunately I will have to start out with traditional home loans instead of paying cash for the properties.  Any advice is welcomed and thank you in advance for your time.