Michael McConlogue
Help with a property dilemma
There is a property I am interested but there are some issues......Owner wants to sell but there are problems with the family currently living there.There are three properties adjacent to each other. One is 1.4 acres ...
James Bynum
Trying to figure out s corp distributions
So, I'm investing with my parents doing flips, and we setup an LLC with me being a 50% member and my parents at 50%. From everything we've heard, if we make over $40,000 in profit that we should file as an S Corp and ...
Lori Hunter
Bro freeloading in elderly parents home! Have POA can what I do??
Advice please! My husband and I are not new to real estate, but are really looking for advice on this one. Ill see if I can simplify the situation and question here...
- Just moved elderly (80 and 91) parents to as...
Marie Shultz
Do I write lease for co-signer or other?
Parents are willing to guarantee the lease for grown son (+his girlfriend and their son). The parents will not be residing in the home. Do I write the lease for the son and girlfriend with the parents as co-signers ...
Bud Dwyer
Soliciting an Assisted Living facility to build on parents land?
My Co-worker's parents have about 12 acres South West of Farmington CT. In recent years the area surrounding their house has quickly been developed. A couple of the developers have been Assisted Living Facilities.He...
Account Closed
Starting Out Young with Low Paying Job and Pressuring Parents
I'm Pierre. Im 24 with a BA in FinanceI actually have not gotten a job in my field but went into soccer coaching for which is something I'm passionate about, I would just rather do that as a hobby rather than a means ...
Rebecca Cramer
Going for deal #2! Question bout partnering with parents! HELP!
Hi everyone! We are really excited our 1st investment property, a vacation rental in Ocean City, Maryland, is going so well this year we will have a chunk of change to put into a second investment property this fall/w...
Daniel Sanchez
Renting out our home with my parents on the mortgage
Hi all,
I'm new to all of this and hoping this question makes sense as I"m having trouble putting my questions into words! I also hope this is the correct board for the questions I have. While I was still in college I...
Timmy Fritz
Buying Investment House from Parent & Need Help Structuring Deal
Situation: Looking for the best way to buy an investment property from a parent who has already paid off the mortgage.Hi, I’m new to BP and I was hoping to get some feedback from you all! I am in the process of talkin...
Cesar Alvarez
My parents are signing over the deed of their house
I have never owned a home and I am trying to get into the real estate business of flipping as well as holding. What would be my best move with this asset. Would this effect me acquiring my FHA loan ? Thank you in adva...