Posted by Geo-TH,In on August 06, 2015 at 04:20:25 from (172.77.211.40):
In Reply to: Helping your kids??? posted by JD Seller on August 05, 2015 at 19:27:45:
I've been lucky, both of my kids have done well, good jobs, haven't hand to move back home like many boomerangs.
When it comes to loans, I just give my children an early inheritance, but I make sure each child gets the same amount.
As a landlord, I sometimes take chances on the down and out people. Sometimes it comes back and bites me and sometimes it doesn't. The last person had a cheating husband, divorced, 2 kids, works two jobs, no family to help, got evicted because her GI bill took months, 5 years in Navy said a lot for her. Been a landlord long enough I can read people by appearance, the way the talk, so I took a chance. Again I may come back to bite me or I may have a good tenant. She reminds me of another tenant I took a chance on. She her get her life together, back on her feet, bought a house, and happy for her.
I won't give a person a job or allow them to do improvements. I know of a case where a landlord told a tenant who was behind on rent, you paint the house and it worth 2 months rent. Tenants falls off ladder and landlord get sued. Payment in kind is the same as landlord is employer, tenant is employee, workman’s comp applies.
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Today's Featured Article - The 8N and the Fox - by Zane Sherman. Dec. 13 1998, Renfroe, Alabama. Last niht I dreamed about the day that I plowed the field of about 10 acres over on what Jimmy and Dandy called the Ledbetter field. I was driving the 1948 8N Ford tractor that Jimmy bought in 48 new This was prebably in about 1951 and maybe even befor the house was built. This would have made me to be about16 years old and I drove the tractor for nothing and would have paid to drive it if I had had any money which I didn't, but neit
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