 Vermont (by pmh [TX]) Apr 21, 2024 6:33 PM
 (by NE [PA]) Apr 21, 2024 6:36 PM
(by WMH [NC]) Apr 21, 2024 7:54 PM
(by Still Learning [NH]) Apr 21, 2024 8:29 PM
(by DJ [VA]) Apr 22, 2024 8:50 AM
(by Deanna [TX]) Apr 22, 2024 10:10 AM
(by tryan [MA]) Apr 22, 2024 4:01 PM
(by Dodge [PA]) Apr 23, 2024 7:47 AM
(by WMH [NC]) Apr 23, 2024 1:54 PM
(by Pmh [TX]) Apr 26, 2024 1:19 PM
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Vermont (by pmh [TX]) Apr 21, 2024 6:33 PM
Message:
hello. the daughter of one of our long time friends has bought a condo in Vermont and wants to rent one of the rooms and her Mom has asked for advice. I am a TX owner/ll so do not think I can. Any words of advice from any VT LL will be very much appreciated. thx. --71.14.xxx.xx |
Vermont (by NE [PA]) Apr 21, 2024 6:36 PM
Message:
Dear friends mom, please don’t allow your daughter to let strangers sleep in the bedroom next to her, despite all the screening you do. Your lack of landlording experience is going to put your daughter in a possibly very dangerous situation. It would be foolish of me to give you advice to the best of my ability and you somehow follow it incorrectly and then come back and blame me when this inevitably goes wrong. Sincerely, pmh --24.152.xxx.xx |
Vermont (by WMH [NC]) Apr 21, 2024 7:54 PM
Message:
If she needs a roommate, share with a friend, not a stranger from the internet.
Also be prepared to lose the friendship. --173.28.xx.xxx |
Vermont (by Still Learning [NH]) Apr 21, 2024 8:29 PM
Message:
It’s the new way younger people are buying and keeping things affordable. I’m sure she can find a room type lease to copy for college town rentals. --73.159.xxx.xx |
Vermont (by DJ [VA]) Apr 22, 2024 8:50 AM
Message:
Tell them to google search, or send them the link from above, for the VT landlord-Tenant laws.
Also look above under credit checks, and be sure to do criminal and more, and more........oh, just tell them they need to go to landlord school first and send them to this website.
ALL of the comments above are true.
If she needs/really wants to do this, she must be super careful! And that means she must put in work to learn how --68.229.xxx.xxx |
Vermont (by Deanna [TX]) Apr 22, 2024 10:10 AM
Message:
Dear Mom, This is one of those situations where you don't necessarily follow the "don't mix money with friends or family" rule. If you're going to share your own primary residence with one other person, you want to rent it to the most-known-quantity possible, and that's not going to be a random internet stranger looking for crash space.
If you're a person renting out a room in your own personal residence, you're able to discriminate at a level that you couldn't under other circumstances. Safety is important, because there's no one there to help or intervene. Honesty and trustworthiness is important, because they're going to have easy access to sensitive documents, cards/wallets/purses, petty cash, and other temptations. Psychological compatibility is important, because one person might want friendly conversation and bonding and togetherness while another person might just want an invisible person who stays in their room and pays their share on time. Compatible habits are also important, because she doesn't want to pair with someone who does laundry at 3 am, or plays music for the neighborhood to enjoy, or leaves the kitchen a mess.
It's feasible. It's doable. But do it with someone she knows and trusts in real life so that there are fewer elements out of her knowledge/control when she enters into the situation. --137.118.xx.xxx |
Vermont (by tryan [MA]) Apr 22, 2024 4:01 PM
Message:
I've said on other threads I have a short term rental in VT. The state has moved to regulate this industry. Forcing LL to register and accept inspections (for a fee of course).
So towns are jumping the gun and setting up requirements in the town ... some of which surpass the states requirements.
Apparently the long term housing shortage is being blamed on the short term rental industry. I expect they want to limit the number of STR to stir up long term renting. --198.168.xx.xxx |
Vermont (by Dodge [PA]) Apr 23, 2024 7:47 AM
Message:
Living with strangers worked for me a few times in my life. Probably even easier today with using social media to help discern who someone is, rather than just relying on gut instinct. I wouldn't do it know, but was great when I was young and didn't want to spend much on housing and not live in the ghetto. --65.222.xxx.xxx |
Vermont (by WMH [NC]) Apr 23, 2024 1:54 PM
Message:
Dodge, it's not the living with strangers part per se. It's being the OWNER and living with strangers. If things go south, as a roommate one could just move if they had to. An owner has to deal with getting a bad tenant out. --173.28.xx.xxx |
Vermont (by Pmh [TX]) Apr 26, 2024 1:19 PM
Message:
Than you Everyone --12.232.xxx.xx |
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