All Forum Posts by: Robert Ian Oldroyd

@Thea Linkfield Thanks so much for your experience! Great advice!!

@Kristina I guess that is somewhere along the lines of what I was thinking. I’m definitely not trying to rip off my parents... more like trying to be partners. Thanks for the advice!

@LarryT My parents haven’t done much homework so they don’t really know much about finding a deal. Also, they are close to retiring and I thought that I could handle the management of the property. What do you think?

Hi BP, 

So Im a senior about to graduate. Im already married and my wife and I are very excited to get started in this line of work. Im a firm believer that if there is a will, there is a way. 

A possible opportunity showed itself to us recently and I wanted to get a few opinions. Ive been talking to my parents a little about REI and it seems to have peaked their interest. My parents want to put their money into an investment property. They have a lot more capital than we do and excellent credit. How can my wife and I use this to our advantage? How can we make this a good partnership?

Thanks in advance for any help!

Wow! Thank you so much for the wise words!

As a newbie wanting to House Hack, I don't understand how I'm supposed to compete with all the experienced investors in my area. I live in a big town and there are only 150 or so multi-family properties on the market at any given time. I guess Im just assuming that if its an actual deal, an experienced investor will spot it way before me and buy it. How do I get around this?