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Brown Cafe UPS Forum
Life After Brown
Advice Needed
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<blockquote data-quote="bbsam" data-source="post: 933154" data-attributes="member: 22662"><p>The only problem I could see is not really financial, but familial and probably relatively insignificant. Since this is an investment, what are the risks of loss? You seem committed to $X dollars, but what about beyond that? If the value of the investment were to decrease substantially (that could never happen) would you feel compelled to remain there beyond $X dollars? Say the town house loses 30% of it's value and your daughter and son-in-law can't afford to sell it. Are you willing to stay on or are you certain they could find someone else to rent the property at a rate sufficient to make it a profitable investment?</p></blockquote><p></p>
[QUOTE="bbsam, post: 933154, member: 22662"] The only problem I could see is not really financial, but familial and probably relatively insignificant. Since this is an investment, what are the risks of loss? You seem committed to $X dollars, but what about beyond that? If the value of the investment were to decrease substantially (that could never happen) would you feel compelled to remain there beyond $X dollars? Say the town house loses 30% of it's value and your daughter and son-in-law can't afford to sell it. Are you willing to stay on or are you certain they could find someone else to rent the property at a rate sufficient to make it a profitable investment? [/QUOTE]
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