Hello group, I am helping my sister sell her condo in South Florida and needed some help trying to figure out the numbers. She is pregnant and needs to sell in order to move into a bigger place. Current situation is s...
My sister and I would like to BRRRR a property together. What is the best way to work that out on paper? I was told it would be difficult to refinance with two names on the title. So I'm curious what we should do?
While setting up a preventive maintenance appointment in early March, the tenant calls me and says 'my sister has been living there and paying rent. I moved out.' She asked if her so called sister can take over when t...
Hello all,I am doing a rehab and I have a sister and a friend I want to hire to help. They will make over $600, but this is more of an "under the table" cash deal. Can I claim $595 (avoiding 1099 minimum) and not clai...
Hi All,
So i bought a condo last year and rented it out for a small profit monthly. I am planning to buy another condo under my sister ( mortgage). I will be paying the downpayment and managing rent collection and a...
Here's my scenario:I financed 4 properties with 1 loan to take advantage of some better pricing. One of the properties was co-owned by me and my sister, the other 3 properties I owned solely in my own LLC.Is there a w...
I am a landlord of a 4 unit building where I rent one unit to my sisters ex boyfriend/baby daddy. I keep the property keys on the key holder on the wall. My sister took the ex boyfriend spare key off my key ring witho...
I have an application from 2 sisters, 27 & 23, of a good tenant in a 3U for another unit in that building. They have $85k income from decent jobs for a $1550 unit, so income isn't a problem. But they have no cr...
Hi all,
My wife and I are helping her sister to buy a condo so she'll have a place to live when she gets married, which is coming right up. However, she has no established credit, so the loan will go under our names...
Meet some like minded people trying to improve their lots using real estate. Have some ice cold beers (or your beverage of choice) and talk real estate deal, strategy, network, and everything in between. I am propos...