Steve B.
Multifamily in Greater Boston
Hi Everyone,I have a multifamily (3 units) in the Greater Boston and am wondering if there are ways to set up a "creative exit" to allow an elderly relative to remain on one of the units a bit below market value. I'...
Holly S.
To renovate or not to renovate?
I am about to have a house transferred to my name in Maryland. It's a total disaster and although I haven't had it appraised yet, I'm assuming I will not get much when I try to sell it. It was built in 1993, the drive...
John Retka
1031 into LLC for a syndication
I have a relative who is looking to 1031 out of their first rental. I have been thinking of creating a new LLC that would they could “contribute” to as part of their 1031 and combine that with my investment $$ and in...
Kristin Moore
Purchasing in cash with a loan from family
Hey everyone! I need some newbie advice! I’ve found a condo I plan to purchase for $80,000 in Florida as a buy and hold. It has mold from an AC leak. That doesn’t scare me and my contractors aren’t worried about it ei...
Marlene D.
buying property from a relative
Hi All.
This is our first post. We've been enjoying the discussion on various topics and learning a lot about investing. And now we're in need of some advice. Does anyone have a suggestion on how to creativel...
Steve S.
How to manage expenses paid for on my behalf by someone else?
I had a family member on one of my rentals make several purchase for a house i bought out of town (but in town for them). The total expenses added up to about $4,000 across several different purchases. Is there anyth...
Ron Boling
Personal loan of $60,000
I live in Massachusetts and have a family member who is asking for a personal loan of $60,000 to purchase a $78,000 mobile home in Rhode Island. I do have the money to loan and would like to help and I know that the b...
Theo Hicks
First Investor Christmas - Advice on How to stay sane?
Hello BPers,For all the seasoned real estate investors out there, I have two questions:1) How do you have conversations with family during the holiday's regarding your real estate investing career?I am assuming I am n...
Chris T.
Becoming a private lender - feedback?
So 1 of my referrals, who is a banker, is looking for a non traditional lender who can financed a borrower with a not-so-great credit scores. So, I'm thinking of being the bank, and the collateral would be the propert...
Gabriel Sánchez
Looking for an Agent
Hi, I have some relatives moving to San Antonio, TX and we are looking for some RE agent that could help them find some good options of apartments or houses to move in. Anyone from that area who could help?Thank you g...