Billy Davidson
Newbie Needing Advice - Shower Mishap With Tenant
12 January 2020 | 2 replies
I would probably apologize and give them a gift card for dinner out and hope that is enough because having someone's shower water dripping on your bed is pretty nasty.
Brian Kraft
1031 Tenants in Common Ins and Outs
17 January 2020 | 2 replies
. - At the end of the year gift that money back to her if you want.By doing it this way you can demonstrate with income and tax returns that you are treating the property as investment.
Justin White
Opinion on a house hack? What are the cons?
12 February 2020 | 15 replies
You are allowed to gift people up to $10k/yr (double check with an accountant) tax free, so that could be shown as his source of downpayment.Since the house will be titled and mortgaged in his name, I would be sure there is some legal contract in place too.
Lance Card
Long Distance Investing
21 August 2017 | 34 replies
They are "plodders"; workhorses that offer few surprises or bursts of energy.Here is a gift; 1528 Glendale in Columbia.
Michael Combrink
Mom Credit Partner (title details)
24 August 2021 | 3 replies
If you are trying to use your funds for the down payment it would have to be a gift which is easy but if they require reserves she would need to show a certain number of PITI (principal interest, taxes, & Insurance) in a liquid reserve account, possibly use life insurance with face value or 401K.If you have to use your funds you may just want to put her name on your business checking account or put some cash (funds) into her account (3) months prior to the purchase.
Doug Fluckiger
Finding MTR tenants
1 June 2023 | 22 replies
Build a relationship with the recruiters and they should gift you withe MTR tenants consistently.
Donna Hutchinson
Determining Income qualifications with Section 8
12 December 2023 | 16 replies
Yes, tenants will pay for vacations, cars, booze, smokes, and Christmas gifts with rent money and then expect you to wait 4 months while they play catch up.I had someone one time who made 6x the monthly rent, but their debt to income ratio was 45% and they had multiple late pays and several delinquent accounts.
Belen Gamarra
23-year old Aspiring real estate investor looking for a bit of guidance
9 October 2023 | 12 replies
You could, however use a gift from family, friends, etc.
Paul O Lambright
Pace Morby & Subto Community
8 September 2023 | 3 replies
I've made good decisions and I've made BAAAAAAAD decisions, but Pace has a gift for creativity and leadership development that is unmatched today.