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The Water Cooler
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<blockquote data-quote="dennishoddy" data-source="post: 4222521" data-attributes="member: 5412"><p>When wife and I married, we each owned a home. Hers was bigger so kids and I moved into hers and use mine as a rental for about ten years. Always had great renters as we only rented to coworkers knowing how much they make and were stable workers with a lot of time on the job except for one that was the son of my wife's boss.</p><p>He called me one day and said his parents 50 year wedding anniversary was coming up in a couple of months and he was short of money. Asked if he could paint the house (it needed painting) in lieu of two months rent.</p><p>Heck ya! I bought the paint and he did a bang-up job getting it done.</p><p>The last renter was a Hispanic couple. The husband worked at the plant. Great guy but he wouldn't bring the rent check to work. Had to go to the house. Every time I went the house it was spotless, leaving with the check and some amazing burrito's and Tamale's. After they left we put the house on the market as it had doubled in price in the housing market so we paid off wife's home.</p><p>Over those ten years, had to do a little plumbing, no electrical, and no carpentry, all of which I can do, but they took care of the place. Every renter got their deposit back as they left it ready to move into.</p><p></p><p>We had great luck but have a friend's son that has about 25 really low budget rentals. He is constantly repairing, replacing, and rebuilding them after they are destroyed by the renters, but it's his full-time job, and he is getting by. The workload cost him his first wife. He has a new one that works with him so it might work this time.</p></blockquote><p></p>
[QUOTE="dennishoddy, post: 4222521, member: 5412"] When wife and I married, we each owned a home. Hers was bigger so kids and I moved into hers and use mine as a rental for about ten years. Always had great renters as we only rented to coworkers knowing how much they make and were stable workers with a lot of time on the job except for one that was the son of my wife's boss. He called me one day and said his parents 50 year wedding anniversary was coming up in a couple of months and he was short of money. Asked if he could paint the house (it needed painting) in lieu of two months rent. Heck ya! I bought the paint and he did a bang-up job getting it done. The last renter was a Hispanic couple. The husband worked at the plant. Great guy but he wouldn't bring the rent check to work. Had to go to the house. Every time I went the house it was spotless, leaving with the check and some amazing burrito's and Tamale's. After they left we put the house on the market as it had doubled in price in the housing market so we paid off wife's home. Over those ten years, had to do a little plumbing, no electrical, and no carpentry, all of which I can do, but they took care of the place. Every renter got their deposit back as they left it ready to move into. We had great luck but have a friend's son that has about 25 really low budget rentals. He is constantly repairing, replacing, and rebuilding them after they are destroyed by the renters, but it's his full-time job, and he is getting by. The workload cost him his first wife. He has a new one that works with him so it might work this time. [/QUOTE]
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