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Updated almost 7 years ago,

User Stats

460
Posts
276
Votes
Steve DellaPelle
  • Rental Property Investor
  • Salem, NH
276
Votes |
460
Posts

Renting to my Handyman...Good or Bad Idea?

Steve DellaPelle
  • Rental Property Investor
  • Salem, NH
Posted

Hello,

My handyman is selling his house and will need to start renting for the time being. He offered to rent one of  my apartments for a good price for him and his wife. He does a lot of work for me and is currently using my basement for storage in return for work around the house.

Is this a good idea to go through with renting the apartment to him? I would still treat him like a normal tenant and have him sign a lease but the downside (god forbid) if I ever needed to evict him could turn out messy.

Should I realistically consider this option? Or do the potential consequences outweigh the benefits.

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