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Updated over 9 years ago on . Most recent reply

User Stats

24
Posts
1
Votes
Marc Lavoie
  • Consultant / Investor
  • Montreal, Quebec
1
Votes |
24
Posts

Leasing commercial to significant other

Marc Lavoie
  • Consultant / Investor
  • Montreal, Quebec
Posted

Hi, 

My girlfriend is on the verge of starting her own business with a partner. Her partner is already established. 

The property is central to a city we live in &  that will most likely double in population within 10-12 years. 

For me, this property can generate 300-400 CF/month at market value. I can also flip this in a duplex & hold/sell later. 

Keep in mind I will be supporting her on our personal side. I also want her to do something she loves. I can afford to support all our living expenses. 

What would you you do? 

Anyone has done it? 

Would you do it (again)? 

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