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My colleague bought his daughter a condo because NY rents were out of her budget but that's where most jobs in her field were. She pays a fraction of market rate rent.
Whenever there is an issue with the place, there is confrontation and procrastination, even though dad covers all repairs but he can't fly there every time to supervise workers or coordinate schedule. She is a busy professional but if she had her own place, she would still have to find time to maintain the property. Dad is conflicted on what to do. Ask her to move out? Hire a property manager and raise her rent. Let property deteriorate to keep peace and hope she'll eventually get it done? |
| Don’t involve yourself. |
| How is any of this your business at all? |
| MYOB. |
| OP is dad. |
| Sell the place. |
What makes Dad sure of that? She sounds like a typical young woman. |
OP here. This was my advice but parents don't want her to live in unsafe areas where she can afford to rent. |
I'm not involving myself, he asked me and I wasn't sure about any good solution hence posted here for opinions of ones who dealt with similar issues. |
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How much of the confrontation and procrastination has a long-term impact on the value of the condo? Ie, how much of this can he just let go without any negative consequences to him?
So - is she refusing to move her schedule to let a plumber in when there's an active leak? That is a huge problem that impacts the long term value of the condo. Is her dishwasher broken and she's hand washing dishes and doesn't care enough to prioritize getting it fixed? Great, that impacts her only, she can call and deal with it whenever she wants. Or never. Whatever. If it's the former, he has two options - property manager and raise rent, or kick her out. I'd probably go with option A assuming he's happy with everything else about the arrangement and he can get a good property manager, and at least see if that solves the problem. If it's the latter, then I go with "let it deteriorate" - so what if he has to spend a month after she moves out fixing all the broken stuff she didn't care about? That's how renting works, no matter who your renter is. He needs to back off for everyone's sanity. |
| Hire a management company and increase the rent on the daughter to cover the cost. Have the management company be the group that gets called if there is a problem and they send out someone to fix and manage the problem. Let her know she will be evicted if she is not able to let people in to repair etc in the event you decide to sell to eliminate the headache. |
A colleague mentions something and asks what you would do. This is small talk and or venting. He was not throwing you a bone to run with and gleefully gnaw at, gossiping and crowdsourcing options. Don’t involve yourself means just saying “gee, I don’t know”. Don’t be a busybody. |
| Landlord needs to hire an apartment manager, if daughter is going to act like a bad tenant. Done. |
Pretty much this. A plumbing problem would seem to be the most urgent - like a leak that was going to do serious damage and impact say a lower unit. Electrical outlet not working? Paint chipping? 3 burners of the stove? AC unit on the fritz? Oh well. Dad does sound a bit clenched and is likely regretting helping his daughter in this fashion. No one is saying she's right, but he likely just needs to learn to let some of this slide. |
And you ran with it... Come on OP. Step back. |