this post was submitted on 13 Sep 2024
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So if you don't sell it, and instead rent it out to other people, he'd get a portion of the rent the future tenant pays? And I don't supposed said future tenant will also get equity?
I'm still working on a good way to provide value to a tenant for the rent they pay for a paid off property. Once it's paid off I only want to be charging what it takes to maintain plus a little more for unexpected problems. But again, keeping it is the less likely scenario. Down payments on their own place is the goal!