Quote:
Originally Posted by HandballJim
then you would be a landlord and the people you rent to will complain to you when something breaks or not working...and you will need to get it fixed. Also a lot of people out there don't give a fuck about other peoples property and might destroy your house...your investment.
My friend owns a building by yankee stadium...some people just stop paying the rent and it takes 6 months for the courts to evict them...and then on purpose they set the apartment on fire. Then his insurance company dropped him.......
good luck renting out your home.  |
That is true. Renting out to trusted friends could solve this problem.
Just like giving loans to trusted friends who I know will give the loans back.
But, for now I decided not to give out any loans.