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I want your thoughts...
Just now while having coffee with some people, the subject of renting a house from my friend/co-worker came up. Someone asked me if I was thinking about it and I said I wasn't, but even if I was I don't like the idea of having the a friend/co-worker as my landlord. Everyone at the table thought I was crazy and didn't see anything wrong with it.
The guy is nice, and he's very handy so I think that would be useful in a landlord. I don't doubt that he would be a fine landlord, I just really don't like mixing business and my personal life. If something were to go wrong, it could be really awkward - not that I expect something to go wrong. If I was desperate for a place to rent, I would consider the scenario, but I'm not. Even after explaining this, my co-workers still thought I was crazy. What are your thoughts?
Re: I want your thoughts...
Oh definitely - if I was desperate I would make a temporary arrangement and still look for something else.
Thank you for making me feel sane. I know that in other regards, I'm sort of different from my co-workers, and it makes me feel like they think I'm a heartless monster sometimes. Usually it comes up with respect to family stuff (i.e. how infrequently I see my family and talk to them on the phone), but this was a different territory, and I was wondering if I truly do have a messed up outlook! Not that I would change anything, but I might stop talking about stuff like this around my co-workers
I don't understand this. Former tenants in our building regularly had subpeonas (sp?) posted for failure to pay rent. I know that sometimes stuff happens, but if we were in a situation like that, we would talk to the leasing center ahead of time, and I really don't see it happening multiple times!
Did your aunt and uncle live nearby? Given my family dynamics, there are some family members that I think I could rent from because a) I actually trust them, and b) I would have no problem letting them know if they were handling something wrong, or whatever. I'm not very confrontational in general, so I worry that with a friend/co-worker, I would (potentially) put up with a lot of crap rather than risk saying something. With some of my family, that's not an issue. Not sure if that's relevant to your situation or not, Steph, but it got me thinking.
1) I see your point about risking the relationship and not mixing business/personal affairs. However, from the landlord's point of view, I'd much rather be renting to someone I know since I would trust them to take care of the house and not treat it poorly. I actually offered my house to an ex-boyfriend who was moving back to the area & looking for a place to live just so I would know the people living there. One of my biggest fears (especially renting to someone I do not know) is that they will trash the place and I'll have to fix it up to re-rent/sell it when the tenant decides to move out. Irrational, perhaps, but tenant has no skin in the game, so what does she care how she leaves it? The worst that can happen for her is she loses her security deposit.
2) I usually have to refresh the page after I navigate to it to get the posts bolded. I thought it was just an issue with my OS.
My aunt and uncle live close to us. The apartment we rented was a duplex, and it's around the corner from where we live now. I can see it from my front steps.
I had no problem calling them when the heater went out, the faucet was dripping, etc. etc.
I also do not get the people who do not pay rent. The very first bill you pay is for the roof over your head. What the hell!