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Relationship Discussion (non-explicit)
Reply to "Fair way to address housing"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]-Do NOT buy a house with him before marriage -Do NOT sell your house -Do NOT add his name to your house -Do NOT downgrade your lifestyle for a brokea** I see so many red flags with this man. He sounds insecure about your wealth and would rather bring you down vs being lifted up. That's a major issue! Sounds like he will throw this in your face every chance he gets. Since you own the house outright, what is his issue? Could he not just cover utilities and some groceries? He'd likely still be saving a ton more than renting elsewhere. It makes no sense. If you do want to move in, I would find a renter for a 6month lease on your house and rent somewhere else with him. If/when you get married, have your house in a pre-nup.[/quote] Being a landlord is a PIA. Another option is to sell your house, put it in a brokerage account, and keep up completely separate if you ever get married. Add to the prenup that he's not entitled to the principal or interest in the brokerage. [/quote] If she owns the house outright she can easily hire a property management company, pay them 20% to deal w the renters, and still come out ahead.[/quote] Typical property management is 10% gross income. 15% for the high end. Anyone paying 20% is being taken for a long ride. :D [/quote]
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