I see lots of this in my condo in Brooklyn where many young families relocate their parents from abroad to help with the children. 

Hello BP! I am a real estate investor looking at a new opportunity and is looking for some advice..The Deal: My mother has a rental home that has sat vacant for most of the last 10 years. The home is paid for but need...

Got a great set of tenants and completed the full renovation in 6 weeks (while also welcoming a 2nd child!!).

My daughter lives in a POA (property owner assoc.) where the bylaw is clear that the occupant either must be on the deed to the property, and child, grandchild, or parent of someone on the deed. 

I marketed it to tenant buyers and after about 4 weeks signed an agreement with a Pastor , his wife and there child for market rent - $2000, with the option to buy for $360,000 which the appraisal amount went up about $3000 from that already.

Honestly, I equate it to having a child: you’re never ready, but you will be when it happens.

Here's the kicker though....she is 5 months pregnant with our first child! 

When he introduced me as his LL to his friends and parents, they and at least 3 more looked like they just sucked on a massive pickle. 

I know quite a bit about the housing market in Melbourne thanks to my parents and growing up there know what areas are higher to lower income.

I did that because it was 3 doors down from my parents and was going to save a lot of time and money on labor.