I have two triplexes renting to students in Chicago. Each unit is 4 to 5 tenants. Because they are students the longest they stay is two years. The students are usually from all over the country. I also have parents s...
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Good Evening. I'm a newbie in regards to real estate investing. My parents want to give me their house, which has no mortgage. Appraised value of the home per taxes being paid on the home each year right now is $80,00...
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How to avoid your children paying capital gains tax on millions of real estate when parent die? Ive heard you can put a percentage of building in the kids names so it will automatically go to them both or a very good ...
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Has anyone ever accepted a parent who wants to pay the rent for their son who is attending school out of state? A mother has reached out and wants to rent out our place, her son attends school in my state WI and she ...
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Hi,We sold our primary home in NY last year (2022) which myself and my parents were listed as owners on deed. The structure of ownership stated that I owned 80%, my mother owned 10% and my father owned 10%. After the ...
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Simply put, my future in-laws did not plan for their future.They periodically ask my fiancee for assistance with emergency expenses. I see her future burden, financially, but more importantly emotionally, as my burden...
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Many invest in RE based on good school districts, so, I am wondering with states talking about adopting school choice policies, how will that impact ones investing strategy?
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Hey everyone- I'm interested in learning if people have had success investing with a 2nd Home loan or a vacation loan (I realize at this current second both of these might not be options, but looking in a historical v...
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Two years ago my parents brought up the idea of starting an assisted living home. Buy a house, rehab, bring it up to code and move in 4-5 elderly patients. My mother has been a nurse for 30+ years and frequently trave...
I recently decided to take over the property management of a town home I own. The tenants are an elderly couple that are not in good health. One of their daughters is a guarantor on the current lease and the point of ...