I currently own a few rentals in different states, but since getting my real estate license i have started looking at family and friends for prospecting new deals as a new agent.I have a family member who has been renting houses for as long as i can remember between her and her boyfriend, but they both have some bad credit due to falling behind a few years back after both losing their jobs and juggling life for a while tell they found new jobs.I am a bit unsure about this idea still due to the fact that i have been running numbers on multi-family homes to purchase in the near future and turn into rentals, but i want to help them if it's a viable idea...I wanted to get your opinion on maybe purchasing a house based on their needs and running a lease option on the house for them to purchase down the road when they have the credit again....Right now they are renting a 3/1/1 for $1200/month and there is a lot of 3bed houses around them that are in the 100k and below that would meet the needs of them, im just worried about buying the house for them tieing up my own money and not have enough financing available to continue purchasing investment properties as my rental income from all my current rentals is my only income coming in right now as i start the career of an agent.

Said it's an insurance thing that you could be spending all money on new plumbing and have a problem with sewer line still...House is 60 years old and wasn't much maintenance.Thoughts?

I am always seeking new ways to provide and abundant life of health wealth love and happiness for myself and my daughters .

When you ask most Anericans would they rather have the gas tax indexed to inflation or increase the depreciation life real estate investors can take, I don't have much doubt which one they would choose.Don't think I'll get votes on this post as people don't want to hear this (including me), but it is just my 2 cents on the trend to expect.

Insurance contacted us about the deceased being the beneficiary still (whoops), so we got a new policy.

Also make sure you get title insurance.

Think about it: do you really want a few hundred bucks from someone who may take up months of your life, complain that you are ripping them off, and may even fail the deal?

Hey guys my name is Ashton, I purchased my first home over a year ago, but the FHA insurance is killing me.

They've been a life saver.

I have lived in and around Philly my whole life and know the area extremely well (but of course there is always more to learn!)