Robert Martinez
Fix and Flip deal with leins
Hello all, so I have a property under contract that I was planning to fix and flip and was expecting around a $50,000 profit but have now hit a bump in the road. So the seller and his sister who have ownership of the ...
Vinson Lee
Working with a property manager
So I have a question for you kind folks and was hoping you could provide advice based on your experiences. So my sister is renting her place out. She is working with a realtor to be her property manager to rent out ...
Account Closed
House hacking before inheritance
My sister and I are in our mid 20s and want to put all of our money into a 4-6 unit in Chicago (West Town area) to house hack -- but there's more to the story...
Downpayment: $230K
Rehab Budget: $50K
We are thinkin...
Vin Lanzafame
How to split income when one investor plans to live in one unit
Considering my first rental property. My sister would like to buy a two-unit rental property, finance it as her primary residence, live in one of the units, and rent the other out. She’s asked me if I want to split th...
Rick Figurasin
wife & I investing in property with her sister. one single LLC or two separate LLCs?
Hi! My wife and I are investing in a property in Florida with her sister. Is it better to have a single LLC with the three of us or are two separate LLCs better (wife and I as one, sister as the other). We're not ...
Patricia Rozario
Termite Damage - Should I Go For It or Walk Away?
I've made an offer on a multi family home in New Jersey. I plan to rent out and hold for a few years at least. The inspection revealed that there has been previous termite damage done in the wooden support in the base...
Brian Pleshek
He Should Give Back the Security Deposit
Ok, so my son has a situation where a lease was up and he went over to deliver a new lease to extend the tenant's term as he appeared to be a good tenant and found an interesting situation. There was a woman in the p...
Bart Esparza
Family House Hacking Feasible and/or Smart?
Newbie trying to learn and exploring some creative ideas to start investing.My Sister and I inherited a family property (50/50) with only 30K Heloc/mortgage that we have invested 20K between us to renovate and are pre...
Jennifer Dorsey
First multi-family purchase partnering with family
Hi!
I am looking to buy my first multi-family.
I have a sister that would like to invest cash as a silent partner. My mother and I will be splitting the remainder.
Do you have any advice on how to protect all th...
Mary Berggren
What would you do?
We have had a bad year with real estate. We have had 3 deals that have not gone through to close. This is the latest thing that has happened and I would like some advice. I know, I know..I should have used a realtor, ...