Steve

Hey, guys. Thanks for taking the phone call today. Sure. What's up? So I found out in the last week or so that my parents' house is in the process of getting foreclosed on. And my question is, should I buy the mortgage out and find out some rental agreement for them to continue living there. I just think it would be easier twofold.

Hey, guys. Thanks for taking the phone call today. Sure. What's up? So I found out in the last week or so that my parents' house is in the process of getting foreclosed on. And my question is, should I buy the mortgage out and find out some rental agreement for them to continue living there. I just think it would be easier twofold.

One, it's a decent investment opportunity, and second off, I think it's an easier process as they're aging to stay in the house they've been in for 30 years almost and not worry about moving and trying to find a place and everything else. They're comfortable where they're at.

One, it's a decent investment opportunity, and second off, I think it's an easier process as they're aging to stay in the house they've been in for 30 years almost and not worry about moving and trying to find a place and everything else. They're comfortable where they're at.

One, it's a decent investment opportunity, and second off, I think it's an easier process as they're aging to stay in the house they've been in for 30 years almost and not worry about moving and trying to find a place and everything else. They're comfortable where they're at.

So that's another story I'm trying to unravel. I will say my dad has been plagued with identity fraud for the last three or four years. I mean, it's like he'll get a debit card in the mail and then within three or four days, he's got charges from California and Colorado and Mexico and everything else. So Something, something's weird going on.

So that's another story I'm trying to unravel. I will say my dad has been plagued with identity fraud for the last three or four years. I mean, it's like he'll get a debit card in the mail and then within three or four days, he's got charges from California and Colorado and Mexico and everything else. So Something, something's weird going on.

So that's another story I'm trying to unravel. I will say my dad has been plagued with identity fraud for the last three or four years. I mean, it's like he'll get a debit card in the mail and then within three or four days, he's got charges from California and Colorado and Mexico and everything else. So Something, something's weird going on.

I know, you know, my sister had a boyfriend living in the house with them and then they, you know, allegedly he had hacked the system and put a virus in it. I don't know. I'm working with, um, some specialty companies trying to figure out if that's what's happening or. I don't know.

I know, you know, my sister had a boyfriend living in the house with them and then they, you know, allegedly he had hacked the system and put a virus in it. I don't know. I'm working with, um, some specialty companies trying to figure out if that's what's happening or. I don't know.

I know, you know, my sister had a boyfriend living in the house with them and then they, you know, allegedly he had hacked the system and put a virus in it. I don't know. I'm working with, um, some specialty companies trying to figure out if that's what's happening or. I don't know.

They haven't made the best financial choices in their lives, and they're both turning 65 this year, so they can start collecting some security, which isn't much money, but it's something. Wow. George, I was already nervous.

They haven't made the best financial choices in their lives, and they're both turning 65 this year, so they can start collecting some security, which isn't much money, but it's something. Wow. George, I was already nervous.

They haven't made the best financial choices in their lives, and they're both turning 65 this year, so they can start collecting some security, which isn't much money, but it's something. Wow. George, I was already nervous.

Right. So I can say I've been very blessed. Um, you know, we, my husband and I don't have any debt other than a small auto loan that I just had to buy and wasn't part of our investment portfolio. Um, so we would be able to pay cash for the remaining balance of the house, which is about $120,000. The house is worth about three 50 to three 80. It's in a decent neighborhood where I grew up.

Right. So I can say I've been very blessed. Um, you know, we, my husband and I don't have any debt other than a small auto loan that I just had to buy and wasn't part of our investment portfolio. Um, so we would be able to pay cash for the remaining balance of the house, which is about $120,000. The house is worth about three 50 to three 80. It's in a decent neighborhood where I grew up.

Right. So I can say I've been very blessed. Um, you know, we, my husband and I don't have any debt other than a small auto loan that I just had to buy and wasn't part of our investment portfolio. Um, so we would be able to pay cash for the remaining balance of the house, which is about $120,000. The house is worth about three 50 to three 80. It's in a decent neighborhood where I grew up.

Oh, no. We don't have any debt except for an auto loan. We have no mortgage. We have another investment property that's paid off. Our annual income is about $350,000 a year.

Oh, no. We don't have any debt except for an auto loan. We have no mortgage. We have another investment property that's paid off. Our annual income is about $350,000 a year.

Oh, no. We don't have any debt except for an auto loan. We have no mortgage. We have another investment property that's paid off. Our annual income is about $350,000 a year.