Connor Parker
House hacking with you mother inlaw
Question - has anyone tried house hacking with an parent/in-law or other family member? My mother in law currently rents her house and doesn’t have the credit or funds to buy, so I was thinking about buying a multi fa...
John N.
In-law as a Rental? (Massachusetts)
I was thinking about the possibility of renting an in-law out or having a roommate for room and board and I wanted to know if it is legal to do or not in Massachusetts? If allowed, I would also claim this on my taxes...
Jae Payne
First Property From My In-laws
My in-laws want to sale their house. They still owe on the mortgage. Other then taking out a mortgage myself how can I get the property? They are willing to work with me I just need a game plan. I want to use it as a ...
Joshua Smith
In Law Suite Rent - Lease Purchase
Hi all - in the situation where a property has an in law suite in the basement, would you consider renting out that unit separately for extra income over the duration of the lease in a lease purchase situation, or wou...
Paul Charles Bayliss
Opinions: Mother-in-Law Suite Property
What are the opinions of Biggerpockets concerning BRRRR’ing a Mother-in-Law suite type property? Is there potential for a good investment if a good deal is made? Are they harder to rent out or even just flip due to th...
Vase Bari
House hacking with in-law suite
For those that house hack with an in-law suite, I have questions.1) Do you get approval from the city to use the in-law suite as a rental?2) How do you deal with mail/packages?3) Do you back bill utilities?4) Do you s...
Walter Duffy
In-laws gifting property with equity.
In laws are getting older not interested in owning anymore, on fixed income and would rather give us the tax benefits so they offered us the property. They will be our renters with appox. 60k in equity. What is my nex...
Annabelle Lee
In-law suite pros and cons
Right now I am evaluating a house to purchase.This house is a bungalow with 1 bedroom on the main floor and a loft style 2nd bedroom. It also has an in-law suite in the basement with separate entrance. It is an open...
Jack B.
Screen the mother in law/dependant?
So, I have a couple of very educated MD's that filled out an application. They were worried about the mother in law, as she has no income, etc. Of course my application is only for two adults, so that's all the info I...
Bill Regan
FHA House Hack Mother-in-Law
Hi. Just viewed a house today for a FHA financed house hack.
There is a mother in law apartment attached with separate utilities, mailbox, kitchen, a/c. It is zoned SF.
My question is can income from this unit (appr...