Kam Jefferson
Inherited “tenants in common” property—Help!
Greetings! When my mother passed away, she was a co-owner of an office space condo property. Because it was a “tenants in common” property in Virginia, I became co-owner of the property as her sole heir. This was in 2...
Jessica Hamilton
Need advice on unique financial situation
My mother in law is getting an inheritance of 80k. We would like to use this money to start flipping houses to grow that wealth. The thing is, she has bad credit & old debt that she has yet to pay off, and she doe...
Handel Carter
How to get the most out of Quit Claim Deeds
New investor here. Would very much appreciate any advice on how to go about getting the most out of quit claim deeds. My mother currently has two properties. Her own and a rental. She doesn't want anything in her name...
Chelsy C
How can I make sure the title has no cloud or having a clear title after closing a short sale on a property in California?
I am buying a property,by looking at the prelim report, it has a trust showing both mother's name "A" ( pass away) and daughter "B" is selling the property short sale to me. on the #2. of the title report, it says ...
Trent Warner
Total newbie - Vacation rental in Mexico. Thoughts?
BLUF: Mother-in-law has spent many years vacationing in Mexico regularly, wants to buy a beach front condo in Puerto Penasco as a VRBO. Wants to know if wife and I would like to "go in" on it with her.Hello all! Thank...
Robert Cook
Historic 3 decker in Worcester MA
Hi there,My mother currently owns a historic 3 decker in Worcester MA. She's owned this property for 25 years or so and is finally ready to move on from it and plans to sell it in the next year or so. This was my fami...
Willard Blair
Evicting a squatter who is a friend of family
I just bought my first foreclosure property in VA. I have the advantage of knowing the original owner and all the drama. The owner had a handshake deal with the current squatter. This house neighbors my mother's house...
Johnny Lopes
MULTI USE BUILDING IN HOBOKEN NJ
Hello! My name is John and I've been poking around for a while and listening to podcasts. I've found myself in a position of buying a family owned building. The building is currently owned by my Mother, Aunt, and a 50...
Christopher Sarter-Soto
Should I sell or rent my home to start investing?
Hello, everyone! My name is Chris and I'm new to BP. I've been a big fan of BP for quite some time, reading and learning day by day. Recently, I've decided it's time to post my own questions and get great advice from ...
William A.
Renting to family member
My mother-in-law would like to buy a condo but I’m not sure if she can afford what she really wants.I am considering buying a condo and renting it to her for what she can afford. How can I do this and avoid the “pers...