My dad (50%) and I (50%) own land in FL
that has an offer on it. We want to share the proceeds three ways with the 2 other siblings, dad doesn't want any money out of it. My wife and I make about $220K and $180K adju...
Ok so here’s the scenario. Me, my father, and my sister are going 3 ways on a property in Cleveland that my sister is going to live in for 5+ years. So basically a “tenant” we don’t have to worry about. We are current...
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Applicant called me and wanted me to rent to his sister, who had an eviction. I told him "no" several times but he would not drop the issue and finally I said "bye" (I could barely get a word in edgewise) and hung up....
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Hi, I have an opportunity to purchase my parents home for $500,000 in the Bay Area (Home could be sold for about 1.2 mill). Obviously, I would love the chance to get ahead of this crazy market, but there is some agree...
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This is probably one of the hardest times to invest in real estate. We need to get quite creative in order to continue investing and have cash flow. The rates and home prices make it very difficult to not have negativ...
I need to transfer a property from my sister to my LLC. However, I am concerned about the tax implications. We were thinking of doing a quit claim deed for $100. Any insight into the tax consequences of this transfer?
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Hi All,My sister's co-worker is loosing her house to the bank. The homeowner would like to sell to my sister or another "nice family" rather than just hand the property over to the bank. She owes $300,000. Property is...
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My sister transfer her property to my dad via quit claim deed, but the mortgage note is under her name. Is my dad still able to sell the property even though my sister owns the loan note
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I am currently under contract with a wholesale deal that was to close on Monday. The property is being purchased at 103 with an ARV of 375. The wholesale deal is at 81.5. Everything on my side was set to close, and th...
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So about a year ago I found a house for a buy and hold but my sister decided to purchase this house to start her real estate investments. The house is a cash flowing property. I helped my sister out through out the en...