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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (45998)	10/18/2011 7:28:17 PM
From: orkrious	Read Replies (2) \| Respond to of 119360

The link to this incredible interview with Kyle Bass was on Ask Fleck today. youtube.com Here's Fleck's comment on it: » Though nine months old, this is the single best all encompassing macro interview I have ever seen by a mile. Everyone should watch it more than once. The pressure to print money is going to be immense until the printing press is taken away.

To: Tommaso who wrote (45998)	10/18/2011 9:38:55 PM
From: Pogeu Mahone	8 Recommendations Respond to of 119360

Give them the money for a down payment and stay out of their business

To: Tommaso who wrote (45998)	10/19/2011 7:43:40 AM
From: Horgad	Respond to of 119360

If they have stable jobs, it seems like a no brainer to try and keep that money in the family as opposed to them renting from a stranger. The big gotcha is if they lose their jobs and can't make the payments, you could end up in a very difficult situation of either covering them or kicking them out. As for house prices, I wouldn't worry about the wiggles if you don't plan on selling in the next 10 years. As for mortgage rates, hell yes what a good time to lock on a 30 year. IMHO

To: Tommaso who wrote (45998)	10/19/2011 7:51:54 AM
From: yard_man	5 Recommendations Respond to of 119360

wow -- I agree with zeus on something ... simplify -- give, if you want to give ... don't if you don't... don't make an entanglement that could put in jeopardy what is really precious: relationships. jmo.

To: Tommaso who wrote (45998)	10/19/2011 8:45:25 AM
From: paul61	Read Replies (1) \| Respond to of 119360

IF you do make sure the house is in your daughters name and your name only. Consult an attorney..... but I've heard horror stories about parents and houses ! ! Please protect yourself !! Thanks.....paul p.s. this IS NOT Legal Advice ! !

To: Tommaso who wrote (45998)	10/19/2011 2:48:07 PM
From: benwood	Respond to of 119360

You aren't really keeping it in the family. If you have unrelated renters who pay you rent and at the same time your daughter pays rent to somebody else, it works out exactly the same for them and for you. That is, your daughter pays the same amount of rent; you receive the same amount of rent. Her being there doesn't change the financial equation at all (assuming a low rental vacancy rate etc.). They might be better renters but in general, the ease with which you can move relatives into your property is inverse of the ease with which you can move them out. In my own family, my brother rented to his sister in law, and it was nothing but problems from then on out.