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Try what I believe will become a common practice in the next ten years. Buy your parent’s house, they keep the cash on the condition they build a secondary deta
by flycaliguy 6y ago
Try what I believe will become a common practice in the next ten years. Buy your parent’s house, they keep the cash on the condition they build a secondary detached dwelling in the yard. Aka granny suite. It’s a great deal, you get a house with a separate apartment. When they pass away, it’s an income property at no expense to you. Plus they help raise your kids while you help them in old age.
- cityzen 6y agohaha, is this sarcasm? as a father of 2 this sounds like an incredibly insane and entitled plan. You do realize that older folks also look at their homes as investment vehicles for their own retirement, right?