What would you do:What if you were trying to close a deal on a land transaction but there were minor title issues to clear.1- Owner (deceased) has 10 children, each inheriting a 1/10th interest in the land.2- 5 of her children have expired.3- 2 properties in Flordia.4- 1 particular sibling expired and son of the said sibling, opened probate on her assets and becomes PR of her 1/10th interest.Would you have living children (5) sign quit claim - if they're in agreement, and close the deal?

In the meantime, my wife and a colleague at work have encouraged and inspired me to buckle down and educate myself in preparation for entering the rental market as a lessor.

Great story, and very inspiring. 2010 was a great time to invest.

The man selling it had moved out of state because he was ill and wanted to be closer to his children.

They made it clear to all that they bought it so their children and grandchildren would always have a place to call their own.

I have a family, I have children, I have  dreams and goals and have more to give in this life then building someone a pretty deck or nice fence.

What age/condition will they be in 30-40 years from now if/when your children have ownership (making an uneducated assumption on holding period).I hope your "other costs" is accounting for capital expenses such as eventual boiler, furnace, roof, driveway repair.

Hearing the story of guy with the 5 houses and the heloc method gave me more inspiration.  

Hi BP family,I’m currently missing a lot of deals due to my agent in Cleveland is a busy mom has to take care of the children and everything.Any suggestions there from everyone?

The federal government and state of Colorado have numerous rules and laws to protect tenants and home buyers from being discriminated against.Here's a description of the Fair Housing Act from HUD's website: "...as amended, prohibits discrimination in the sale, rental, and financing of dwellings, and in other housing-related transactions, based on race, color, national origin, religion, sex, familial status (including children under the age of 18 living with parents or legal custodians, pregnant women, and people securing custody of children under the age of 18), and disability."