Original caption
Renting a house to family isn’t always a bad idea, but mixing family, money, and real estate without clear expectations can get complicated FAST. 😅 If you’re renting to anyone, even your own family, put the right guardrails in place. Have a lease. Set expectations. Treat it like a real rental from day one. Sometimes you can work things out, and sometimes the best decision for the relationship is not doing business together at all. The good news? There are still options. 🏡 Instead of selling the current home, renting it out and buying another property may be possible. Depending on the loan program and qualification requirements, rental income from the departing residence may be considered when qualifying for the next home. There’s usually more than one way to solve a real estate problem. My job is to help you understand your options and figure out what makes the most sense. Based on real events. Names, details, and situations have been changed and dramatized for entertainment purposes. 😂 #iwishiwasmakingthisup #realestate #funny #skit