New answers tagged rental-property
0
The legally binding language is likely whatever the original signed 2 year lease said about automatic extensions if neither you nor they gave timely notice to vacate at the end of the original term.
Considering the potential range of damage and that you have virtually no way to prove that the tenants are responsible (vs some vandalism after the lease ends) ...
1
I'm currently making below the poverty line, but I'm getting by.
20k alone invested today isn't going to prepare you for retirement. At an 8% average return, in 30 years you'll have about $200k, which isn't a lot to live on today and will likely get worse as expenses like health care (which will be increasingly more important to you as you get older) rise ...
1
I'm specifically looking for a low-risk, low-maintenance option that makes the most sense over a long period time (30 years-ish?).
If you lived in Finland, and if you were lucky enough to find joint forest ownership for sale, I would recommend investing into a joint forest. It's low-risk, low-maintenance option, definitely. However,
I'm in my 30s, living ...
2
If you don't expect to need the money for the next 30+ years, the best thing you can do is invest in the stock market.
The return on investment for CDs is abysmal. They're only a good choice if you need absolute certainty that your investment won't lose value (or, won't lose value too quickly after adjusting for inflation).
Real estate is risky, ...
0
What I would do (which I think is the safest given the circumstances) is to take advantages of the welcome offers most of the bank have. They are offering around $500+ cash if you open an account and leave your money typically about 90 day. Most of well known banks here in US offering this bonus cash.
If you can do this persistently do this for say four ...
5
You're ignoring the fact that your brother derives value from living in the apartment. Fair to me in your situation would be:
Split costs as before
Split rent on the one unit as before.
And you get the majority of the rent on one of the units, as you used to get that value by living there. I'd say it's less than 100% of the unit's rent because it's likely ...
Top 50 recent answers are included
