21-12-2021, 11:56 AM
(21-12-2021, 08:44 AM)hero Wrote: they tried to sell me those properties, claiming 30+30+20 and whatever shit. sure renew, all legal black and white done by professional lawyers, they claim.
I never fall for their shit
I think you should buy based on 30yr lease without renewal because it is subject to govt allowing the renewal and price can be set to any level for renewal.
If one buys a $50K property stay for 30yrs for retirement it is reasonable and worth it.
You can't go and assume a lease can be renewed at reasonable price....when they market it they can say but you cannot depend on it.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.