Property Investment Nightmares – When Co-ownership Goes Wrong | Ep. 128

In this episode, we answer a question that came from the Property Investors Chat Group NZ on Facebook. In the question, the investor had co-bought a property with her aunt, with the aunt putting in the deposit. The aunt's name was on both the mortgage documents and the title of the property.

Unfortunately, the family member has had mental health issues, which has caused serious tension and has impacted the aunt's wellbeing to the point where her decision making has been severely impacted. 

The question we answer in the show is: a) what should this particular investor do in order to get out, or fix the situation? and then b) what can other property investors learn about co-ownership from this situation?

We also mention the Epic Guide to Mortgages, our 9,500-word guide that teaches property investors both how to get a mortgage and then pay it off faster.