Ryan Chenevert
buying your parent's home and making money for both
I was wondering if anyone has figured out a strategy to buy their parent's/family members house and make it beneficial for both.For example, my dad's house is paid off and market value is approximately $135,000. He w...
Steve Lovelien
Purchasing condo for parents who will rent from us.
Looking for advice on what the tax advantages of renting out this condo. Not looking to make money on the rent, but inquiring as to what our benefits tax wise are? Assuming we set up an LLC and run through that. Any...
Robert Freeborn
Loan from parents to creatively finance a first buy
Hi BP,
I'm trying to help my parents find a income property to invest in to supplement retirement. But I'm also looking for deals for myself.
Has anyone heard of or done a deal where they take a loan from their pa...
Stephen Burke
Creative financing for triplex from my parents in Texas
My parents own a triplex here in Texas worth about 120k, it needs some capex and rent hikes. Conservatively, rent with little improvements and repairs will be 2200$ in this market and higher with upgrades. I am in th...
Sarah Buchanan
Prospective tenant with bad credit using parents as cosigners
I listed a townhouse in a very desirable neighborhood outside Portland, OR 1 week ago and have only had 2 serious inquiries. I'm hoping to get it rented out by Sep. The first applicant is a family already living in t...
Evan Sweetin
Good time to set up my Parent Company LLC?
Does it matter when you set up your holding company/REI LLC? I’ve still got a year or two’s worth of saving up for a property, but if I where to set up the LLC now or later, would there be and pros or cons to doing so...
Walther Mendez
Trying to buy my parents home as an investment
Hey Everyone,I need some advice on an investment opportunity. This needs a brief background story. My parents want to retire within 2 years and move back to our native country Guatemala. They currently live in their f...
Jason Freets
Parent Died & Have To Move Out Of House
Hi Everyone,
My parents are divorced and I was living with my mother, in California, when she passed away. It was an unexpected death and so everything is going through probate since there is no will.
Because I have...
Mark Bommarito
Options for Purchasing Inheritance Home from Parents & Uncles
We have a situation where my parents & my mom’s three brothers will be inheriting a home in near future.Knowing that my wife and I are very interested in real estate investing and are trying to get started here in...
Matthew Gallacher
Any suggestions?? Parents want me to invest for them
Good evening everyone,So I’ve run into a situation I never thought would happen. After 4 years of talking about real estate, seeing me purchase & house hack my first duplex AND a VERY heated 2 and a half hour argu...