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All Forum Posts by: Lori Hunter

Lori Hunter has started 14 posts and replied 52 times.

Post: Bro freeloading in elderly parents home! Have POA can what I do??

Lori HunterPosted
  • Real Estate Investor
  • Delray Beach, FL
  • Posts 52
  • Votes 11

@Marian Smith that is a very interesting suggeston.  I see where you are going with that. But given all the responsibilities on my plate at the moment I think keeping the situation as simple as possible is the best way to go, and I'm afraid that could get more complicated than I'd like.  

Post: Bro freeloading in elderly parents home! Have POA can what I do??

Lori HunterPosted
  • Real Estate Investor
  • Delray Beach, FL
  • Posts 52
  • Votes 11

Lol.  No @Scott Wolf, I'm not adopted.  And they definitely don't "like him more", but I can see where one could assume that. They would have done the same for me (sadly), but I'm not one to exploit my parents' good intentions.  We have talked many times about what they want done with the house.  They want him OUT asap or contributing some rent, but for whatever reason they have chosen to do nothing over the last decade except stockpile resentment toward him.  And now, given their age and changes in needs this has become my problem. 

@Joe Splitrock, you hit the nail on the head.  Its the well meaning-parents-turned-enablers who now resent him for what they feel is him taking advantage.  He no longer even calls them unfortunately.  But, now its up to me to be the bad guy.  And, after a lot of thought I believe you have the best suggestion.  We also have a good Elder Law Attorney here with whom we have discussed medicaid pre-planning.  So, if they (we) do choose to sell the house she can help us do that properly.

@Jonathan Bombaci I like the idea of trying to maximize the proceeds, but even if he moves out willingly I'm left trying to clean/repair/renovate then list and sell a property three states away from me.  I'm almost thinking taking a profit cut may be worth alleviating the headache.  Plus, telling him its going to be sold to an investor who will then proceed to evict him may be the catalyst I need to get him willing to purchase it.  

I'm thinking the best way to handle this is to simply ask for a monthly monetary contribution for Mom and Dad's care.  If he refuses or says he cannot contribute... I will tell him they will sell the apartment to him a market price (which I will explain will be in his best interest), or it will be sold to an investor as-is and he make his future arrangements with them. 

Thank you to all who have contributed.  It has definitely helped to organize my thoughts into a better plan of action.

Post: Bro freeloading in elderly parents home! Have POA can what I do??

Lori HunterPosted
  • Real Estate Investor
  • Delray Beach, FL
  • Posts 52
  • Votes 11

You're very right.  And thanks for the response Jon.  Sometimes whats needed it good advice from a neutral party.  I like the KISS method and the idea of limiting the options.  Keeping it simple is usually the best way to go.  Thanks again for the contribution.  

Post: Bro freeloading in elderly parents home! Have POA can what I do??

Lori HunterPosted
  • Real Estate Investor
  • Delray Beach, FL
  • Posts 52
  • Votes 11

Advice please!  My husband and I are not new to real estate, but are really looking for advice on this one.  Ill see if I can simplify the situation and question here...

- Just moved elderly (80 and 91) parents to assisted living near us in South Florida from their home in rural western NC

- Parents still also own a 3/2 townhome in Badin NC.  I has been occupied by my brother and his wife for over a decade.  They raised her children there and one adult child is still living there with them.  

-They have NEVER paid rent, taxes, or insurance to my parents...who have allowed this to happen. 

- My parents, now in assisted living, are requiring a lot of financial assistance from my husband and I to make up the diff in their living expenses. 

- Its time for my brother (58) and his freeloading family to contribute $$, but I need advice in knowing what to do...

I just got durable POA, but not sure if that helps in this situation. I have told parents that brother should choose to pay rent, buy the home, or I sell it occupied and as-is.

Question is, how difficult is this going to be for me to enforce any of these since I don't technically own the property??  Even though they are supportive of me getting $$ from him, or would love to see him out of the house, my mom has early dementia and making decisions/signing things makes her nervous.  I'm willing to be the bad guy here, but I want to make sure I have this clearly organized before I execute the plan.

I have thought of asking them to transfer title to me, but then would the tax implications negate the benefits? (My elderly parents no longer have to pay taxes)

I'm open to any and all suggestions!  Advice needed and appreciated!

Post: boat parking palm beach county

Lori HunterPosted
  • Real Estate Investor
  • Delray Beach, FL
  • Posts 52
  • Votes 11

ok... I have an email in to code enforcement now...

Post: boat parking palm beach county

Lori HunterPosted
  • Real Estate Investor
  • Delray Beach, FL
  • Posts 52
  • Votes 11

Does anyone in palm Beach County, (specifically Delray) know the rules on parking a sunfish sailboat in the driveway?  Our renters are requesting this and we are trying to figure out the best answer, or suggestions for them...

Post: Delray Beach zoning question

Lori HunterPosted
  • Real Estate Investor
  • Delray Beach, FL
  • Posts 52
  • Votes 11

Good to know. Thanks Wayne!  I'll check into that option!

Post: Delray Beach zoning question

Lori HunterPosted
  • Real Estate Investor
  • Delray Beach, FL
  • Posts 52
  • Votes 11

My husband and I own a duplex near downtown Delray Beach.  We are surrounded by other multi family properties on our street.  My husband and I were discussing building another unit on our property (yes, there is room), but I just got off the phone with a lady in the city zoning department that explained all these multi families were grandfathered in and it is now zoned single family.  Does anyone have any experience with re-zoning in a situation like this?   Is it even possible, or are there any other ways? 

Thanks in advance

Post: cost to build duplex Delray Beach, Fl

Lori HunterPosted
  • Real Estate Investor
  • Delray Beach, FL
  • Posts 52
  • Votes 11

We currently own a 2 story duplex in Delray Beach.  Our property is zoned up to ten units and we were interested to determine cost to build possibly another duplex on this land.  Interested in finding someone (builder?) in the area to help us determine the cost and feasibility of this venture.  

Our current duplex is a simple spanish style rectangle with a footprint of 800 sqft.  (It is an upstairs and downstairs apartment of 800 sqft each.)  We would like to maintain the simple shape and style for the second stucture.  

Post: What percentage to pay project manager?

Lori HunterPosted
  • Real Estate Investor
  • Delray Beach, FL
  • Posts 52
  • Votes 11

I know this message is a little late, but thanks for the answers they definitely helped!