My goal is to be holding about 5M in real estate that will get paid off in the next 15-25 years.If it cash flows any time before that, I will look at that as a bonus.

I would just hire him as a project manager and perhaps do a bonus for good work.

Everyone around me is being supportive which is a huge bonus and is very well needed!

I offered $70K with $20K in earnest money, no contingencies, quick close and even offered the listing agent my commission with $1000 bonus (yeah, I really wanted the property).I didn't get it.

We gave him a bonus at the end.

Instead, I write an early payment bonus.

You could also put a rent increase clause for a pet, maybe an additional $25 per month/per pet.Instead of a late fee, I write an early payment bonus.

The commission paid to the agent came out of the recorded sales price.My advice to FSBOs is do you comp research and pocket the "commission" as a bonus for selling the house yourself.

Perhaps get the option and try and sell it off to the neighbor as a bonus lot for more.

The only way it makes sense to drag it out is if his father is making a greater than 3.2% return on his cash.So the interest deduction is not really a bonus, it is simply just convenience for when you do have the loan.