In the meantime build up a bit of an account balance for that property from the four rented apartments, and then move into the desired apartment with a little cushion in the bank.

My understanding, as an investor who is not an attorney, is that a properly formed and maintained LLC would protect you from personal liability for anything involving the activities of the LLC.However, if you get a loan to buy the property, you will almost certainly have to personally guarantee the loan which means you could be liable to the lender if it had to foreclose and lost money in the process.As far as the loan showing up on your credit report, that has almost nothing to do with the form of ownership of the property (personal vs.

A few years ago I started drawing up leases for my mom and I was in charge of renewing leases and for the first time she has asked me to increase a tenants rent.What is the proper procedure on increasing a tenants rent in New York City? 

There were some minor cosmetic things that needed to be taken care of in the empty unit and a couple of the windows outside needed to be properly capped but we could tell that all of the major things were fairly new.

If you have a property or two, Nevada and Arizona both have good protections for LLCs **when done properly**.

Your ability to get the proper financing might factor in as what you end up doing. 

If you want to keep them put them on a month to month lease and if they do not move out by the fall I would give them the proper notice that you are not renewing to get them out.

We have about a 50/50 split with our funding in the stock market and in real estate so we'd be looking to maintain a similar balance moving forward.I am okay with putting off gains until further down the road, I just don't know if the expected rental appreciation over time is enough to offset the tax-free equity we can apply towards something that will pay us now. 

If you can't find it on the MLS it might because the agent may have not properly written the subdivision info on it and/or it might have been on a different MLS.

My biggest pet peeve is the the way you have to deal with balances on a credit card.