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Updated about 3 years ago on . Most recent reply

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Benjamin Sulka
  • Cleveland, OH
578
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811
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Should you rent to a friend?

Benjamin Sulka
  • Cleveland, OH
Posted

Hey BP, 

For those who have rental properties. Would you ever advise renting your property to a friend? What are some potential downsides here? 

Please comment if you have any experience or advice. I have no plans to rent to any friends but I am curious. 

Thank you! 

Ben Sulka



Most Popular Reply

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Adam Martin
  • Rental Property Investor
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Adam Martin
  • Rental Property Investor
Replied

Not if I wanted to keep them as friends, same recommendation for family.  I keep my business and personal life separate and have declined family even though they were highly qualified because I’m not even putting myself in that situation and they understood. 

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