Real estate family feuds are more common than any of us would like to admit.
Here is the Sakow story of two sisters, Evelyn and Diana, who have been fighting their brother over a real estate fortune for 30 years.
Beware: It ain't pretty.
Here's another heads up.
As your own mini real estate empire begins to emerge, one property at a time, keep in mind you could acquire quite a cache of properties by the time you retire.
What will your children do with it?
What if they have major differences on how it should be maintained, etc.?
These are things we all need to think about now.
Read Family Feud Over Real Estate
Popularity: 5% [?]
Related Websites -
Managing Rental Property: DIY or Hire a Property Manager? Rental properties can provide a good method of wealth building, especially when the cost of buying property is lower than it has been in previous years and rents remain high. A real estate investor who has good credit can get a loan with a small down payment, buy a rental...... -
Commercial Real Estate: Analysis - Estimating Tenant Turnover [/caption] Greetings from the metropolis of Cedar Crest, NM ! Back from my trip to Texas and trying to close on some deals. Dealing with lenders has always been difficult.....but I think lenders are looking for ways to make it even more difficult...but I digress. Anyway.... Today's post comes from...... -
Real Estate and Taxes No one likes paying taxes, especially not real estate investors. Luckily, congress has been kind and offered a lot of tax breaks. Whenever you make a profit in real estate, there's usually a way to avoid or atleast defer paying taxes. The most well-known tax break is the 121 home...... -
Maximizing Rental Property Income—Get The Most From Your Investments! What do you say you pay your rent before I start to beg? Rental Property Income Generators—The Basics One of the biggest perks to owning rental property is that it generates income. Income can come from a wide variety of sources when you have a rental property, but the...... -
What is Debt Leverage? Leverage is a term that is often used synonymously with debt, and for this reason, it is important that people come to understand what debt leveraging actually means, and how it works in an ordinary financial transaction, such as buying a home for example. Let us suppose that you are......
