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I'm showing one of my properties and I've gotten a good response to come see the property. One guy sounded really impressed with the property, and he was very confident in his credit, telling me he is an electrical e...
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A young couple is applying to rent my investment property. One of them asked if their brother could also live there. We don't have a problem with that, but we obviously would like him to be contractually obligated to ...
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Hello all,I am looking to purchase my first buy & hold investment property to provide sustained rental income. I plan to purchase the property with my brother. He will actually live in the property for at least th...
Hi, We have about 20 properties/36 total units. they are held in trust and currently managed by my mother( who is 88) and my brother. We are all on the trust. My problem is that my brother really wants sole decision m...
My brother and I are looking to buy our first deal. We want to partner on this first one and on some but not all future deals. To give a background he is 22 and about to be earning stable income in the Navy by the end...
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Hello,I have a question about the best way to structure this long term rental real estate deal.My brother-in-law found the property, has little capital, and does not have the capability of pulling another loan out.He ...
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(I know you're not a lawyer and will eventually seek professional advice.)
I just talked to my RE broker and he said with LLCs you typically do commercial loans. I don't like the terms and would try to avoid.
We cou...
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My mom is nearing the end of her life and has left me and my two brothers her condo in Hawaii. As you can guess the three of us have different ideas on what to do. So, I'd like to get ahead of the game and start worki...
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Hello BPers!I had a request from a tenant and I think I know what people will say but I will ask anyway. My Tenant at my home in Indiana has a brother, 30 years old, who is getting out of prison soon. She would like t...
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My older brother recently bought a new home for his family, moving him out of his current duplex that he can't sell because he's underwater. He also does not want to deal with being a landlord. Here is where I come ...