parents’ property
Hi Charlotte, give me if you would like to discuss options and what will work for your family. My number 416-937-5831
Hi Charlotte, you have a big task to help your dad while living farther away. The most important thing is your father's well-being, and his happiness and being stress-free. Renting his townhouse may cover his expenses, but the risks involved with renting are great. If payments should ever default, or students damage the property, or need for repairs and upkeep, your and your father's stress will be affected. There are too many factors that should discourage you from renting. Selling his house may be your best alternative. I have helped seniors sell their homes and live happily for 40 years. I'm honoured to help your father, too.
Good evening Charlotte
The market is not the best.. Maybe you should think about renting for now
Happy easter to everyone and thank you for your feedbacks. after theses 3 responses, it seems that renting is the most viable option given the current house market. Renting out dad's townhouse should be manageable and should help cover his retirement living expenses, plus pension. Allowing us to preserve the property for future generations. The property is paid for, and how hard – stressful can it really be to rent out a place to collect the money, to pay bills for property and retirement living expenses. Thanks again. This is pretty neato!