View report*This link comes directly from our calculators, based on information input by the member who posted.Had to redo this deal now I feel like this is more realistic.

View report*This link comes directly from our calculators, based on information input by the member who posted.

Any input or guidance would be helpful, thank you!

View report*This link comes directly from our calculators, based on information input by the member who posted.

View report*This link comes directly from our calculators, based on information input by the member who posted.Hey, So I've Found this Deal on Zillow.

And, a real estate agent to show me the properties (believe or not this has been the most difficult part of this journey).But, I still need your guidance...for the things that cant be learned here...I have my own questions, but I would benefit tremendously from your input as well :)I must make the best out of this trip since I am looking little far from my backyard. 

Please let me know what you guys think about the rent estimates and the rehab costs (being optimistic with just painting and installing new carpeting in the bedrooms) as well as any other aspects you have input on.

View report*This link comes directly from our calculators, based on information input by the member who posted.

Any information and input is appreciated!

hi everyone. i've been thinking about using my mom and dad's house as a rental property and would like some input. i'll try to provide a lot of information while keeping my post short.regarding my family dynamic: my dad passed away and my mom is living by herself in the house. they want to leave the house to my siblings and i. there are 4 of us (2 sisters, 1 brother, me). my 2 sisters live out of state each in a different state and don't plan on moving back here. my brother and i live in state but we both have our own things going on and don't plan on moving back into the house. ive only spoken to one of my sisters about this.regarding the house: IIRC my mom did a refinance, i THINK because her name wasn't on the loan. for some reason only my dad's name was on the original loan. i'm not sure what the terms are of the loan but i think monthly payments are in the mid-$1000 per month. it's a 3 bedroom 2 1/2 bathroom house. comparable rents in the same city are (according to zillow) listed at over $3000 per month currently. i haven't looked in to property management costs yet.can anyone who's ever split a rental property one or multiple ways with family think of anything that all of us have to consider?