Phil Janasac
Renting In-Law unit on AirBNB?
My wife and I are looking at purchasing a multi-unit in the Jefferson Park neighborhood of Chicago. We would owner-occupy and rent out other units. There’s a two-flat we’re currently interested in that has a finished ...
Ray Keziah
In-Laws and Real Estate Question
My in-laws have asked my wife and I to refinance their home in order to add our names to the note.
Our situation is that we live in Hawaii at their care home. It's a huge house and there are three families along wit...
David Hodge
Helping mother-in-law find cashflow
My mother-in-law recently sold her primary residence and downsized since the kids are all moved out. She's looking for something that would provide her with good cash flow as she is very close to retiring. She doesn...
Account Closed
Mother-in-law suite house hacking?
Hello everyone, I am trying to get into my first house hack and have been looking for multi family properties for over 6 months now in my area to no avail. Recently we switched our search to single family homes with a...
Tony T.
NY Bill Would CANCEL Rent for 90 Days, Not Postpone.
https://reason.com/2020/03/25/...
The state of New York has a bill to CANCEL rent for 90 days for workers affected by the virus! This isn't deferring rent payment; it is waiving it.
Those landlords who have mortgage...
Karlie Harmon
Mother in law apartment in my home
Hello everyone!I have purchased my first home and rental property which is a single family home with a mother-in-law apartment in the basement. My husband and I occupy the top unit which has 4 bed 2 bath and the moth...
Dan ODonnell
First House Flip With Father-In-Law
Hopefully the title of this post has drawn a few of you in to help me with some serious questions here. I sure do need it. Lets starts with the layout of the situation as it isn't your average investment scenario. Pl...
Drew Ramasco
Buying property from inlaws, question about financing
My inlaws currently own a condo that they live in. They want to sell and move to a retirement community and said they would sell the condo to us for 90k. The condos in that area are selling for 115k to 130k. My wife i...
Chris Christianson
Insight on current value of inlaw suites
We're about to start a large rehab project in the inner Minneapolis suburb of Golden Valley. We've completely gutted the house which was close to 5500 sq/ft when we purchased it. Thanks to the new fire suppression l...
Ema Silva
In-Law being rented out, Potential Issues?
I am looking at a property, in MA, that is a legal 3 unit with a legal finished in-law basement. Currently the basement is being rented out per room. What are the potential risks and is it worth it?