posted on Jan, 17 2016 @ 07:28 PM
We rent the most beautiful little house. Lived here for 5 years. Love our landlords, and they've told us we're the best renters ever.
We want to propose to the landlords that we build on a second bedroom at our own expense. Ats property investor types, what would you say to this?
Why do we want to do this, you might ask?
1. They can't sell it. County laws put a minimum of 10 acres for any residence, and both the Landlord's house and ours is on their ten acre farm.
2. We hate debt. Student loans burned us, big time, and we'll never do a mortgage. It will be another ten years before we can buy with cash. We
figure the cost of an added bedroom is about 20% of the total sum of mortgage interest we'd be charged if we bought now.