1. Homes by universities are priced for this already 2. Universities can eminent domain your home if they want to expand 3. You will be interfering with your kids friendships when those friends stop paying.
I didn't mean actual buddies. I have no qualms kicking them out. The kids would learn a valuable lesson on how not to be taken advantage of. The kids would be the property managers with me as the Ultimate kickerouter. Regarding pricing, of course you're right. It's more to teach them how to make their own money using money and the work involved. I guess I wasn't clear. Re eminent domain, I've seen universities expand quite peacefully so that's probably way down on the list but good thing to think about nonetheless.
That's why I mentioned that the next economic recession will have people laughing at wanting to drop a $2000 a month to have a meeting in a cubicle
It's all millennials renting out this space thinking they are entrepreneurs and CEOs ....this scene will be non existent during the next crisis.
Columbia did too. Well, more like NY State that has eminent domain powers - they declared the land Columbia sought to purchase "Blighted" (which is usually done prior to seizing assets via ED). Next thing you know, majority of landowners in Columbia's target area have reached an agreement with the University. Interesting how that worked out.