James Perez
Best way to transfer free & clear land from Parents
Hi all,
I'm posting this in off topic because it's not specifically about investing but it is about real estate.
My parents have about 3 acres of a 23 acre property they want to give to me. They own th...
Account Closed
Parents/landlord trying to kick out me and my boyfriend.
My boyfriend is 23 and has been on his mothers leases since he turned 18. I moved in with him six months ago with him and his mother and siblings and her mothers ‘fiancee’. After I moved in I immediately set out to cl...
Thomas Paine
Parents Deeding Family Cabin to 3 Son's WI Lake Cabin
Hello All,Thank you in advance for sharing your thoughts and expertise on the matter.We have a family Cabin we currently rent out on VRBO in Northern WI. My Parents are deeding the Cabin to the three sons. Each Son is...
Laurie Chimento
Need student lease agreement that allows for parent co-signs
Hi all!We have a former STR that we had to transition to LTR. (That's a story for another day.) But we found students who need a furnished unit for four months and can pay a higher price for such. I had a standard lea...
Ariel Johnson
Do my parents have to pay taxes on this house?
Hello, my parents are selling our old house. We lived there for from 2007-2014 and they are selling it in January. We did not live there in the past 2 years and we also have not lived in that state as we moved from GA...
Tracy T.
1st investment property w/parents as tenant. Tips, advice, ideas?
Hello, I'm looking to discuss with others who have owned investment property where parents (or close family members) were their tenants. Seeking others experience, advice around this and lessons learned (e.g. leas...
Tommy Carey
Gift of Equity in exchange for freeing parents of Mortgage.
My parents are retirement age and my father has had to continue to work despite his declining health to pay off the remaining 100k of a refinanced loan they took. They want me to take over the loan and in exchange w...
Jack Gilmore
Why am I on the title for my parents property?
Hi all!Big BP follower but just creating an account now because I haven't found an answer on here yet.My parents are selling their home and are asking me to transfer the power of attorney over to them, provide SSN for...
Brandon Hall
Cash Gift From Parents Can't Be Used for Investment Purchase?
Hey Folks,I'm in the market for my first property (investment and otherwise) and was on the phone with a loan officer earlier today. The original plan was that my parents would match my cash contribution and classify ...
Daniel Peterson
Asking parents for loans:/ Best strategy for paying them back
Hello,I am messaging you today in hopes that I may get some advice on how to approach a private lender (my parents) in regards to investing in my first turn key real estate investment...I only need a down payment from...