Michael Terry
Buying a duplex for cash in a challenging situation, Toledo area
We recently put our home up for sale and oops, it sold within a week (not yet closed). We've been thinking of moving out of the area for awhile to an area with more job opportunities (not currently employed, wife is r...
Anthony Tran
Tax advantage of hiring my young adult daughter to do property management
Hello all,I have a property management company (LLC). I want my daughter to learn real estate. What is the best way to pay her?An employee and give her a W2? Hire her as a contractor and give her a 1099? or lease he...
Jeff Lehman
I need advice on working with a tenant and their lease
Hello. I have a question regarding a tenant and their lease that I would like some advice on. Here is the background. I bought this property just over a year ago. It is my first and only rental property, currently. I ...
Stephanie Z.
College SFH rental with my child as one of the tenants
Hello all! I've been browsing the forums for a few weeks and learning lots, but I haven't found posts addressing this issue. I'd appreciate any/all input you folks can provide.We are about to close on a single family ...
Burt L.
Mention Buying Back My Note To Surviving Beneficiary After This?
I've learned the individual who sold me a 4-plex on owner carry a few years passed away a month ago. The promissory note will transfer to his only child and he wasn't married. He was a fine, personable older fellow bu...
Brandon Turner
My tenant is dying... what would you do?
Okay, so one of my tenants (My oldest, longest, and most loved tenant), an elderly lady, went into the hospital at the end of December for surgery. She told me her January rent might be late a few days because of it. ...
Joe Lujan
Writing out a contract for splitting couples
Good afternoon all!
Here it is!
My daughter and her boyfriend of 3yrs are splitting up. They bought a house together. My daughter put down $30,000 all together with her own money for down payment and closing costs. ...
Charles Mangum
Partnering with your children on real estate deals
My 11 year old daughter has about $12k in funds she was given from her grandfather. I have custodial responsibilities for that money. I was thinking of purchasing a property and I would be the credit partner and she...
David Schlatter
Long time tenant moved in 24 yr old Daughter police were called.
I just got word today that a long time tenant that currently rents a single family home from me in a small rural town, had to have the police come stop a domestic dispute 2 days ago. I guess they moved their 24 yr old...
Andrew DeB
Tenant gave notice they are breaking lease early
So my tenant signed a 1 year lease that ends july 31st 2016. He moved into my 2 bedroom suite with his 21 y/o daughter. 6 months into the lease he told me he had a family emergency and needed to leave the province. Be...