Robert Croak
speaker
6,616 appearances
39 recordings
1 series
first heard Jun 2026
last heard 3d ago
Robert Croak’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 39 in all, peaking in Aug 2026 with 13.
Appearances
Because you don't want to have personal liability along the way.
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Someone in the rental slips or falls off the porch because
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They have a party and sues you.
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You want to have that rental property in the LLC.
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You already have equity in it, so I don't think of the equity amount as a determining factor of when to do it.
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I would do it before you put anyone in there as a rental after you buy the other home and you moved in.
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Now to go to number one.
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Yes, yes, yes.
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I love this.
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I would trim back, even though you have qualifications.
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For this zero-down loan, I would trim back your investing amount and build up your emergency fund or start another fund for the house, but it could be just combined with the emergency fund because you're going to have furniture, moving costs, closing costs, all of these other things that are coming to play.
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And we don't want to see you taking money out of brokerage or taking money from credit cards to be able to make the move seamless and also.
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Also, I assume you're going to need to furnish the rental house, which is probably, depending on the size, gonna cost you six, seven, eight thousand dollars.
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To get that dialed in, you might want to do some new floors.
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I don't know if you have to change out some carpets.
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So yes, I love this idea.
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And because the window is one to two years, I wouldn't say investing it makes sense because then you're gonna have to sell it, have a taxable event.
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I love it.
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Just
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Earmark it, get it into the high yield savings, get that ready so you're built up and ready to rock and roll when you're ready to buy the new house.
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Showing 1001–1020 of 6,616 · page 51 of 331
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