Resources > Becoming a Landlord: William and Olivia
Becoming a Landlord: William and Olivia
Jim Hilbert
This is a basic real estate negotiation between two siblings who have entered the commercial real estate business together. Olivia has provided the initial monetary resources and signed the mortgage. William, who has bad credit and no cash, has been providing some labor and oversight of the property. The siblings never made a formal agreement on how to share profits, what to do about the e,ventual sale of the property and how to handle ongoing management responsibilities. The siblings are not coming together to iron out the details.
Becoming a Landlord: Overview (PDF)
Becoming a Landlord: Instructor Notes & Background (PDF)
Becoming a Landlord: Olivia (PDF)
Becoming a Landlord: William (PDF)