Marty N.
Investment House for Parents
Hello everyone, I have a friend who is looking to move his parents closer so he can take care of them more as they age. His personal residence sits on a large enough lot, that he wants to build them a small residence...
Steven Donohoe
House hacking with potential family roommate
I recently bought a house with a 3.5 down fha. It's a 3 bed 2 bath. Master bedroom has its own bathroom. Other 2 rooms share a bathroom. I'm taking the master bedroom. The other two rooms are the following sizes. A 12...
Tanner Johnson
Best way to approach for tax purposes?
I’ll keep it short, I am 22 as of now own 4 doors, my grandfather has several small apartment buildings he is selling off and I am buying one of his 18 unit buildings and it will be done under seller financing terms. ...
Nicholas Walker
House hacking as a family — what is the best market?
We are a family of 5 with kids aged 1, 2, and 4. We are currently living in the San Diego area. We:
- want to start house hacking- work 100% remote for our own businesses- are looking to move about 1 year from now- s...
Steve Babiak
The Return of the McMansion?
FYI - The Return of the McMansion?
http://moneyland.time.com/2012/07/02/the-return-of-the-mcmansion/?iid=obnetwork
Eugene Mitchell
Escrow won't close
I bought a piece of property that ended up having five brothers that had to sign off on it they wanted nothing to do with the house so they signed quitclaim deeds (notarized) and one brother who signed over a grant de...
Heath M.
Hiring my underage daughter - paying from business account
My daughter is 11 and I routinely have her with me while I'm stopping by my rental. Problem is I'm running out of ideas on jobs I can say she's hired to do. Looking for ideas and thoughts from anyone who's done it. ...
Hariharan Elavarasan
Paying Off 1 by 1 vs Waiting and Leveraging
I bought my first rental property earlier this year. Cash flow after I move out (house hacking) and renovating should be 200-300. 30 yr fixed mortgage @ 6.625% with about 76,000 left. Over time, I'll end up paying 96k...
Lee Miles
Should I allow this tenant to relocate to another of my properties, which neighbors her cousin, who is a terror?
I have a current tenant who wants a bit more space than the unit she's in currently. She's interested in moving into a larger 1BR at another multifamily property of mine. This tenant takes care of the unit she's in no...
Account Closed
New landlord seeking any bit of help
Hello and happy new year,I just closed on my first 3-plex today. Here are some high-level description and concerns about the property:-The property is fully rented by the same tenants for the past 5 years. -Tenants...