That's more of a capital preservation strategy in the later years.

If you want stability and steady reliable appreciation and capital preservation, go to the coast, SF, LA, OC, or SD.

As such, NY loans are deeply discounted to provide for the recovery of the advances needed to be made on the account such as taxes, insurance, property preservation and legal fees.

If either brother objects they will need to pay the full amount ($24,000 plus interest, plus any taxes and penalties that you paid to preserve your debt.

I also think that once you achieve a certain level of success, as you two gentleman have, your priorities begin to shift to wealth preservation vs strictly wealth creation.

Understand who your investor base is and what they’re looking for.Not everyone cares about receiving cash flow distributions, some just want to steadily grow and preserve their wealth.

If you explain the advantages of working with you (no commission, maybe less closing costs if you take some of those, quick and simple close, etc.) but also explain that you need a good price to make it work, and in addition don't put pressure on them to sell it to you because you're family, that should preserve the relationship, whether they sell you the property or not.

I did some preservation work on a house about a year ago on Charles St in Perth Amboy.

----------Tenants have rights that are preserved by the landlord-tenant laws in your jurisdiction.

Keep in mind keeping tenants in place and preserving housing stability is also part of the responsibility of being a good landlord and a good community partner.