I am a landlord to my kids. They get discounted rent, I get my 2nd mortgage paid and a little bit extra to cover maintenance.
It is a win win for everyone involved. Plus if / when me & the mrs die it is theirs to do with as want if we don’t sell it to pay for our retirement expense. Point is not all landlords are bad.
I am a landlord to my kids. They get discounted rent, I get my 2nd mortgage paid and a little bit extra to cover maintenance. It is a win win for everyone involved. Plus if / when me & the mrs die it is theirs to do with as want if we don’t sell it to pay for our retirement expense. Point is not all landlords are bad.
Landlord = banned. Your kids will get back at you some day, no doubt about that.