Sean Pyles

Mm-hmm.

Mm-hmm.

Yeah, because the main appeal for me is limiting my own liability. If something does happen on the rental property to the rental property on the premises there, it's the LLC's problem and my personal finances would be shielded. The potential downside that I've seen so far is that my lender will have to approve moving the title of my mortgage to the LLC.

Yeah, because the main appeal for me is limiting my own liability. If something does happen on the rental property to the rental property on the premises there, it's the LLC's problem and my personal finances would be shielded. The potential downside that I've seen so far is that my lender will have to approve moving the title of my mortgage to the LLC.

Yeah, because the main appeal for me is limiting my own liability. If something does happen on the rental property to the rental property on the premises there, it's the LLC's problem and my personal finances would be shielded. The potential downside that I've seen so far is that my lender will have to approve moving the title of my mortgage to the LLC.

And they might want me to refinance to do that, which would mean giving up my super low interest rate. Oh, no. Yeah, don't do that. I'm not inclined to do that.

And they might want me to refinance to do that, which would mean giving up my super low interest rate. Oh, no. Yeah, don't do that. I'm not inclined to do that.

And they might want me to refinance to do that, which would mean giving up my super low interest rate. Oh, no. Yeah, don't do that. I'm not inclined to do that.

Going deeper into the idea of different types of ownership for a rental property, I know that some people will opt to put their properties into trusts rather than owning them in their name or putting them in an LLC. Is this something that you've ever considered for your properties and what are the benefits of it?

Going deeper into the idea of different types of ownership for a rental property, I know that some people will opt to put their properties into trusts rather than owning them in their name or putting them in an LLC. Is this something that you've ever considered for your properties and what are the benefits of it?

Going deeper into the idea of different types of ownership for a rental property, I know that some people will opt to put their properties into trusts rather than owning them in their name or putting them in an LLC. Is this something that you've ever considered for your properties and what are the benefits of it?

Well, this has been really helpful, Lisa. Do you have any final words of wisdom for me or Elizabeth or others who might think about taking on rental properties and becoming a mogul like you one day?

Well, this has been really helpful, Lisa. Do you have any final words of wisdom for me or Elizabeth or others who might think about taking on rental properties and becoming a mogul like you one day?

Well, this has been really helpful, Lisa. Do you have any final words of wisdom for me or Elizabeth or others who might think about taking on rental properties and becoming a mogul like you one day?

And that's all we have for this episode. Remember, listener, that we are here to answer your money questions. So turn to the nerds and call or text us your questions at 901-730-6373. That's 901-730-NERD. You can also email us at podcast at nerdwallet.com. Or if you're listening on Spotify, you can drop us a comment right in the app.

And that's all we have for this episode. Remember, listener, that we are here to answer your money questions. So turn to the nerds and call or text us your questions at 901-730-6373. That's 901-730-NERD. You can also email us at podcast at nerdwallet.com. Or if you're listening on Spotify, you can drop us a comment right in the app.

And that's all we have for this episode. Remember, listener, that we are here to answer your money questions. So turn to the nerds and call or text us your questions at 901-730-6373. That's 901-730-NERD. You can also email us at podcast at nerdwallet.com. Or if you're listening on Spotify, you can drop us a comment right in the app.

Here's our brief disclaimer. We are not your financial or investment advisors. This nerdy info is provided for general educational and entertainment purposes and may not apply to your specific circumstances.

Here's our brief disclaimer. We are not your financial or investment advisors. This nerdy info is provided for general educational and entertainment purposes and may not apply to your specific circumstances.

Here's our brief disclaimer. We are not your financial or investment advisors. This nerdy info is provided for general educational and entertainment purposes and may not apply to your specific circumstances.