|Re: Buying Cohousing Homes to rent out for secure tenancies?||<– Date –> <– Thread –>|
|From: Sharon Villines (sharonsharonvillines.com)|
|Date: Fri, 14 Feb 2020 07:32:14 -0800 (PST)|
> On Feb 14, 2020, at 3:34 AM, Fiona Frank <fionafrank [at] gmail.com> wrote: > A group of members are looking at buying a home to rent out to allow for > secure tenancies to encourage younger people to live here for longer. We > want to do this by lending money to the community and getting the community > to buy the home. > Lots of issues to deal with including unequal power (lenders vs renters), > concerns by non lenders about risk, etc. We don’t have a community rental unit but have had lots of renters. Their place in the community is entirely determined by how much they participate. Most become like regular members. The only time there would be any kind of exclusion would be around an issue that only related to ownership— something legal with consequences. Even then, they would participate in the discussion, particularly if they had some knowledge about the specific issue. From our experience with renters, I would say go for it. Fears about power struggles are unwarranted in respect to renters. As with owners, if they fully understand what the place is all about, they choose to live here and participate. Sharon ---- Sharon Villines Takoma Village Cohousing, Washington DC http://www.takomavillage.org
Buying Cohousing Homes to rent out for secure tenancies? Fiona Frank, February 14 2020
- Re: Buying Cohousing Homes to rent out for secure tenancies? Sharon Villines, February 14 2020
- Re: Buying Cohousing Homes to rent out for secure tenancies? Fred-List manager, February 17 2020
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