But you would be the one getting ownership from the mortgage, so I’d think charging less than the share of the mortgage would be fair. But that ratio depends on your and their particular time value of money, which is hard to pin down. And once you paid off the house, the rent should go to zero?
I suppose after the house is paid off, they could switch to pay the equivalent percentage they were paying for the mortgage, toward property taxes and utilities instead.
JohnDClay@sh.itjust.works 1 week ago
But you would be the one getting ownership from the mortgage, so I’d think charging less than the share of the mortgage would be fair. But that ratio depends on your and their particular time value of money, which is hard to pin down. And once you paid off the house, the rent should go to zero?
ProdigalFrog@slrpnk.net 1 week ago
I agree, that sounds fair.
I suppose after the house is paid off, they could switch to pay the equivalent percentage they were paying for the mortgage, toward property taxes and utilities instead.