General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
Rental Property within family: change owner
Looking for advice.
My significant other has been offered the opportunity to take over his uncle's rental properties (12 properties total mostly duplex and single family). The uncle is 75+ years old without kids and doesn't want to manage them. He asked my significant other to "manage to own". I am curious if anyone has been in this kind of situation before? They are discussing it similar to a Lease to Own agreement or seller financing.