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16 April 2024 | 13 replies
Nothing beats boots on the ground and personal experience.
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17 April 2024 | 3 replies
She will get each beneficiary to sign off on allowing this to happen, lessening their inheritance cash-wise but keeping the family in a home.My idea is that the trustee daughter could purchase the home, but could do so instead through a sort of owner-financing where the Trust finances the asset to her directly rather than buying it in full at great cost and taking out a mortgage on an already paid for property:- Property is in Trust and is fully paid off,- Trust finances the property to Trustee for closer to market value, and payment can still be set at 1500- No/less down payment required- Any interest rate, maybe 0- Tenant family makes rent payment of 1500, which pays off the property and pays into Trust- Beneficiaries' % share accrues gradually as payments are made- Set future balloon payment if necessary (if Balance required at a certain time, for college, etc.)This would decrease the out-of-pocket cost for the Trustee purchaser, and increase the amount that each beneficiary will receive (eventually).I have no Trust experience, though, and I'm hoping to hear from the experts.
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16 April 2024 | 2 replies
I would greatly appreciate hearing your experiences and any advice on whether this is a prudent step to take before diving into investments.
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17 April 2024 | 18 replies
That was an awful experience.
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17 April 2024 | 16 replies
Reality is you can get more info from BP and more education for free or on youtubeIf you want to join a community, join a small one where there are people doing different deals and have experience.
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16 April 2024 | 7 replies
I am currently looking for an internship to gain practical experience in managing STRs.
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17 April 2024 | 5 replies
In my experience, when the client leaves out the reasons for the contractor leaving, it may not be the contractor's fault.
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16 April 2024 | 0 replies
I had to learn how to guess how much value I could add to a property and base my guesses on facts.The journey was already hard because of the lack of experience and information at the start.
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16 April 2024 | 11 replies
In my experience that's all that matters.