If I inherit my grandmas apartment, can I put it up for rent since it’s a small apartment in a college town and there will be takers.
Or should I sell it so I don’t become a “landlord”, which is bad?
Should all students just buy an apartment for the 4-5 years they spend in the city or will the city be the landlord for them somehow collectively? Or is it less bad if the college is the landlord by offering student housing?
If I sell it to someone, they might become a landlord, which is bad.
Should I sell it to the city? Will they buy it?
Is it better if I gift it to my kid and keep it emtpty for 10 years until they need it? Then I’m not a landlord, because I don’t own multiple properties.
I’m actually set to inherit a whole-ass house from my grandparents but it’s in a dying town and I’m gonna skip that one.
The neighbours house has been for sale for 2 years with no takers 😬 And it’s like 40k€ with a large backyard. Can’t get a parking spot in a larger city with that.
Can you give me a serious answer without the /s
If I inherit my grandmas apartment, can I put it up for rent since it’s a small apartment in a college town and there will be takers.
Or should I sell it so I don’t become a “landlord”, which is bad?
Should all students just buy an apartment for the 4-5 years they spend in the city or will the city be the landlord for them somehow collectively? Or is it less bad if the college is the landlord by offering student housing?
You could donate it? You could turn it into a shelter. You could let someone live there rent free… Why is selling the only option you can think of?
“Rent free” so I’d pay the costs and someone could just be there for free? I can’t afford that.
No… I specifically said “rent free” instead of “free”… You can charge them what it costs to upkeep with no profit, that’s my point.
…so now being a landlord is ok if you don’t make too much profit?
I seriously can’t keep up.
It’s really not hard. Basic shelter is a human right. Making a profit from providing someone with basic shelter is immoral and unethical.
But is it profit if I’m asking over my expenses to save for a renovation for example?
How much over my expenses can I ask rent before becoming a bad guy?
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Not American.
Our colleges and universities are free. There is no student athlete industry over here.
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You didn’t answer my question:
If I inherit an apartment, am I allowed to rent it or should I sell it to not become a landlord?
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So what should I do with the inherited apartment?
If I sell it to someone, they might become a landlord, which is bad.
Should I sell it to the city? Will they buy it?
Is it better if I gift it to my kid and keep it emtpty for 10 years until they need it? Then I’m not a landlord, because I don’t own multiple properties.
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I’m actually set to inherit a whole-ass house from my grandparents but it’s in a dying town and I’m gonna skip that one.
The neighbours house has been for sale for 2 years with no takers 😬 And it’s like 40k€ with a large backyard. Can’t get a parking spot in a larger city with that.