Author Topic: Importance of owning a home in retirement/older years?  (Read 4348 times)

spartana

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Re: Importance of owning a home in retirement/older years?
« Reply #50 on: January 29, 2024, 09:54:15 AM »
My understanding is that these provisions about “guests” is rooted in Common Law inhabitants’ rights. Regardless of whether a person is listed on the lease or not, after a long enough period where they primarily reside at one domicile (can be a month or a year) they are afforded similar legal protections. For example, if you are renting to a single person and get a call that he’s under arrest for domestic assault, it shouldn’t be too hard to evict him (as he committed a crime on your property). But if you discover that the victim and her child have been living there exclusively for several years, they have de facto renters rights and you may be unable to evict them from what is legally recognized as their domicile.

In other words - the law protects renters, other at the expense of landlords. So prudent landlords do everything they can to limit their liability.

Note: I’m not a lawyer, though I did co-habitate with one for several years. I am a landlord
I think you're right and that guest rule was put in place (in the states that have that rule) to protect the tenants and not necessarily protect the landlord. I see that it does both by allowing a long term "guest" to become a legal tenant with all the legal protections they have, while allowing the landlord to have some control over who their tenants are and probably some liability protections. Of course this clause has also been used by squatters here who, after moving into a vacant house between rentals or while people are on long vaccations or having rehab work done, have to be formally evicted because they are now "tenants" which could take months.

In any case this varies by state but in Calif there are all kinds of addendums to add to a lease agreement and the guest clause is one of them (just like a pet clause etc is). I looked at my old lease and it said I'm allowed to have an over night guest 3 nights per week and then a certain longer length if I have the landlord permission. Obviously if grandma is visiting from overseas for a month a landlord would likely give their permission. If your crazy ass drug dealing ex-con unemployed hooker sister was wanting to visit long term that might be a different story. 

dangbe

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Re: Importance of owning a home in retirement/older years?
« Reply #51 on: February 08, 2024, 10:13:55 AM »
I'm wondering where some of you find these short term leases.  Someone mentioned 6mo or 3mo stays in some places.  Do you all just use AirBNB for that?  Were about to end our lease and hit the road for a while and its honestly exhausting looking up Airbnbs for the month as the selection is quite poor if you don't plan far enough in advance. 

Our eventual dream is to become homeowners but its hard to give up the freedom of renting.

Dicey

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Re: Importance of owning a home in retirement/older years?
« Reply #52 on: February 08, 2024, 11:12:22 AM »
I'm wondering where some of you find these short term leases.  Someone mentioned 6mo or 3mo stays in some places.  Do you all just use AirBNB for that?  Were about to end our lease and hit the road for a while and its honestly exhausting looking up Airbnbs for the month as the selection is quite poor if you don't plan far enough in advance. 

Our eventual dream is to become homeowners but its hard to give up the freedom of renting.
Batsignaling @2Birds1Stone, who has a lot of expertise in this area.

Log

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Re: Importance of owning a home in retirement/older years?
« Reply #53 on: February 08, 2024, 05:53:00 PM »
I'm wondering where some of you find these short term leases.  Someone mentioned 6mo or 3mo stays in some places.  Do you all just use AirBNB for that?  Were about to end our lease and hit the road for a while and its honestly exhausting looking up Airbnbs for the month as the selection is quite poor if you don't plan far enough in advance. 

Our eventual dream is to become homeowners but its hard to give up the freedom of renting.

When I moved to San Francisco I first was not sure if I would come down for a 6-week gig and then leave, or if I'd stay longer term, so I got an AirBnB for the length of the gig. When I got some other work offers, I talked to the AirBnB host and paid directly for an extra month to avoid the AirBnB fees. She didn't have me sign anything.

I found my next place (3 more months) on the "sublets/temporary" section of Craigslist.

Then I left for Auckland, where it seemed short-term rentals were less of a normal thing for some reason. I had a hell of a time contacting all the apartment listings I possibly could and asking if they were open to a short-term rental. I finally found one, but only by going up to the upper limit of my price range. In retrospect, I perhaps should have just booked a long-term AirBnB for my stay, though I remember the AirBnB prices there were also kind of nasty. Maybe I still came out ahead by finding a place on the traditional rental market, but of course it also varies with how far ahead you book, and I don't remember what the AirBnB prices looked like when I had first checked and deemed them too expensive.

So yes to all of the above. As you note, traditional rentals/subleases are the better answer on short notice since long-term AirBnB availability for anything good will be spotty. But with enough advanced notice, AirBnB works great.

2Birds1Stone

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Re: Importance of owning a home in retirement/older years?
« Reply #54 on: February 08, 2024, 07:33:21 PM »
I'm wondering where some of you find these short term leases.  Someone mentioned 6mo or 3mo stays in some places.  Do you all just use AirBNB for that?  Were about to end our lease and hit the road for a while and its honestly exhausting looking up Airbnbs for the month as the selection is quite poor if you don't plan far enough in advance. 

Our eventual dream is to become homeowners but its hard to give up the freedom of renting.
Batsignaling @2Birds1Stone, who has a lot of expertise in this area.

:)

AirBnB, Booking.com, FurnishedFinder are all decent options.

If you return to a specific area and develop some connections then word of mouth is also very good. There's a lot of people with empty homes who could benefit from renting them out or having someone stay when they are not there.

trustedhousesitters.com is also another site we haven't personally delved into too much, but many in our nomadic community to short and long term sits.

tj

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Re: Importance of owning a home in retirement/older years?
« Reply #55 on: February 08, 2024, 08:05:57 PM »
I'm wondering where some of you find these short term leases.  Someone mentioned 6mo or 3mo stays in some places.  Do you all just use AirBNB for that?  Were about to end our lease and hit the road for a while and its honestly exhausting looking up Airbnbs for the month as the selection is quite poor if you don't plan far enough in advance. 

Our eventual dream is to become homeowners but its hard to give up the freedom of renting.
Batsignaling @2Birds1Stone, who has a lot of expertise in this area.

:)

AirBnB, Booking.com, FurnishedFinder are all decent options.

If you return to a specific area and develop some connections then word of mouth is also very good. There's a lot of people with empty homes who could benefit from renting them out or having someone stay when they are not there.

trustedhousesitters.com is also another site we haven't personally delved into too much, but many in our nomadic community to short and long term sits.

I've heard it's extremely rare to get a free housesit that is not a petsit.

2Birds1Stone

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Re: Importance of owning a home in retirement/older years?
« Reply #56 on: February 08, 2024, 08:11:13 PM »
I'm wondering where some of you find these short term leases.  Someone mentioned 6mo or 3mo stays in some places.  Do you all just use AirBNB for that?  Were about to end our lease and hit the road for a while and its honestly exhausting looking up Airbnbs for the month as the selection is quite poor if you don't plan far enough in advance. 

Our eventual dream is to become homeowners but its hard to give up the freedom of renting.
Batsignaling @2Birds1Stone, who has a lot of expertise in this area.

:)

AirBnB, Booking.com, FurnishedFinder are all decent options.

If you return to a specific area and develop some connections then word of mouth is also very good. There's a lot of people with empty homes who could benefit from renting them out or having someone stay when they are not there.

trustedhousesitters.com is also another site we haven't personally delved into too much, but many in our nomadic community to short and long term sits.

I've heard it's extremely rare to get a free housesit that is not a petsit.

Very probable. We like the pet aspect of house sitting. DW and I can scratch the itch of having pets and we get to bond with some great furry friends. It's obviously not for everyone....

But even without pets (and not all are mammals, if you're allergic), there are plenty of people with other reasons for wanting a sitter......security, plants, etc.

Another option for existing home owners is home swapping.

dangbe

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Re: Importance of owning a home in retirement/older years?
« Reply #57 on: February 08, 2024, 08:36:38 PM »
:)

AirBnB, Booking.com, FurnishedFinder are all decent options.

If you return to a specific area and develop some connections then word of mouth is also very good. There's a lot of people with empty homes who could benefit from renting them out or having someone stay when they are not there.

trustedhousesitters.com is also another site we haven't personally delved into too much, but many in our nomadic community to short and long term sits.

Thank you for the recommendations!  FurnishedFinder appears to have much cheaper rates/fees/listings than airbnb, are there any downsides such as less user protection or something?  Our upcoming airbnb host has the rental listed on both platforms and on FurnishedFinder it is 20% cheaper per month.  I might have to talk to them about switching platforms!

spartana

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Re: Importance of owning a home in retirement/older years?
« Reply #58 on: February 08, 2024, 08:48:51 PM »
You can also go thru local Realtors and property managers directly. Or if you are OK doing an off season rental in areas that are very highly sought after during their high season you can get some killer monthly deals. Think a ski resort town in the early fall or late spring. Or a colder weather place like New England and most of the mid-Atlanic coast from early Sept until May or June. Or a hot place in the summer. Etc.. Zillow has tons of listings and local Realtors often list off season and winter rentals on their sites. For example I was just looking at coastal NC and there are lots of off season places that are fully furnished and go for a fraction of the weekly or monthly high season rate. Example: $1775/month during winter and spring and $2500/week (or $9000/month) in summer. https://www.zillow.com/homedetails/39307-Sandfiddler-Ln-Avon-NC-27915/228618253_zpid/

 

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