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19 September 2024 | 2 replies
In California, if I want to sell my share of an inherited home to a family member through owner financing, is it possible to charge zero interest, say through a ten year pay back period or is there a minimum interest rate requirement?
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18 September 2024 | 9 replies
What can I do to protect myself, as I want to avoid inheriting a tenant who may not pay rent on time or may need to be evicted after closing?
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19 September 2024 | 8 replies
Direct Mail Campaigns: Think about sending postcards or letters to homeowners in specific neighborhoods, especially those who might be facing financial challenges or have inherited properties.
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19 September 2024 | 44 replies
As for a generational lineage plan, it's best to assume at a future date you will liquidate EVERYTHING, roll it into a fund of some type be it in syndications, W.S. or what-not, and than the heirs will "manage the managers" as this is the most realistic long-term multi-gen inheritance structure.
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19 September 2024 | 14 replies
@Saijal Sindwani I inherited a difficult tenant in April of 2023 and it just doesn’t improve.
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16 September 2024 | 1 reply
They inherited the property from his father, ran the home for many years, are facing some health issues and are retired.
16 September 2024 | 13 replies
Hi all, My tenant (inherited from the previous owner) is requesting landscaping services although it clearly states in his Lease that the yard upkeep is his responsibility.
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14 September 2024 | 11 replies
If there are excess funds after paying the local/school real estate tax bill, the remainder can go to:Current real estate taxesCurrent Muncipal liens for water/sewer or any other bill initiated by the municipalityState Liens, usually for outstanding state taxes, sometimes employee/employer taxesPA State Inheritance Tax which applies to all deceased owners and starts at dollar one with no exemptions, unlike the Federal Estate Tax.
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12 September 2024 | 0 replies
We found the deal off the MLS there was an investor/realtor who owned it (inherited) and didnt want to bother with reno so we took it off his hands for $175,000 put in $90k/$100k & ARV $350k-$365k max.
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11 September 2024 | 31 replies
You get rid of (what sound like inherited) tenants that are a hassle - and will continue to be - their behavior never improves, fyi.