Jump to content
Sign in to follow this  
rep1

Advice on leaving condo to a friend?

Recommended Posts

rep1

I'm coming back for the second last time, to pack up my stuff, and leave my new home to a friend for several years until I get a citizenship in the new country (where it snows! :D).

No renting, free, and no signing anything (other than transferring my gym right and whatever); just needed someone to take care of the annoying monthly fee and queuing for property tax, and I have no need of rental income as tax will be high. Has anyone done similar? Are there any potential risks I should prepare for? She's not poor like average locals and already lives in condo by herself, so (I imagine) there should be far less problems when she has to move out later.

 

oh and thanks for all the advises over the years, though I didn't listen and wasted huge sum of money - but because of that I also learned about investment and financial planning, and adjusted my spending habit as well! I'll post pics showing my new home later so people could see what Alveo's Solinea towers are like (mine is not for sale however, no time and php has been devalued too much).

Edited by rep1
  • Sad 2

Share this post


Link to post
Share on other sites
Soupeod

Bro... get someone to manage it for you.  You are going to my hometown :)  If you want me too, PM me.

  • Thanks 1

Share this post


Link to post
Share on other sites
Jawny

This is done by several families we know.  They buy a condo in Cebu and a relative lives in the place.  The only issues are with the relative.  If they decide to trash the place, or rent it by the hour, then they have that freedom.  If your friend is trustworthy, should not be an issue. 

  • Thanks 1

Share this post


Link to post
Share on other sites
rep1

Thanks, then it's decided!

Well I don't care what she would do as long as it doesn't need to involve me, reporting tax etc. I have wasted so much of my life doing things of zero importance! (how the locals can tolerate that is completely beyond my imagination!) A new life is ahead :) 

  • Like 1

Share this post


Link to post
Share on other sites
Headshot
9 hours ago, rep1 said:

A new life is ahead :) 

I hope that you will remain a member on LinC Forums. I expect to be living very close to you in the future.

Have her email you receipts of the property tax each year. Otherwise, you won' know whether or not she has paid them until it is too late.

  • Thanks 1

Share this post


Link to post
Share on other sites
rep1

Close?? Are you coming to Finland too? :D 

Share this post


Link to post
Share on other sites
to_dave007
9 minutes ago, rep1 said:

Close?? Are you coming to Finland too? :D 

hope you enjoy the great outdoors...  and winter.

Edited by to_dave007
  • Like 1

Share this post


Link to post
Share on other sites
Headshot
14 minutes ago, rep1 said:

Close?? Are you coming to Finland too? :D 

Hahaha... Your location in your profile is Las Vegas, Nevada. You might want to fix that if you are now in Finland.

PS... It snowed in Las Vegas this week.

  • Like 1
  • Thanks 1

Share this post


Link to post
Share on other sites
rep1
8 hours ago, to_dave007 said:

hope you enjoy the great outdoors...  and winter.

lots of snow! the weather is excellent! no idea why most finns seem to dislike that :P 

Share this post


Link to post
Share on other sites
to_dave007
1 hour ago, rep1 said:

lots of snow! the weather is excellent! no idea why most finns seem to dislike that :P 

Years ago..  in my late 20's and early 30's..  I was taught to ski cross country by a Finn.. Seppo Lepalalin was his name I think..  The year was around 1980.. or 81.  He was in his 60's then  so long dead now.  I know he was in the Finnish military and was of an age where he would have been old enough to have fought in the winter war between the Finns and the Soviets, though he never talked about it.  He was stronger on skis than any of us..  much younger..  could ever hope to be..  and his love of winter was clear for all to see.  At the sauna at his cottage in northern Ontario.. he taught his students that to completely clear out the pores in your skin you must combine a roll in the snow with your sauna.  Yeah..  good memories. 

  • Like 1

Share this post


Link to post
Share on other sites
Gus

Rep 1 I really enjoyed your thread about your preparations for moving into the condo .
The agonizing over which furniture to buy etc and all the other items ..
My favourite was about which waterproof speakers to buy ,so you could listen to music in the shower !
I too deserted Cebu , so lost touch with a few of the happenings on here.

Did you ever get to live in your Condo ?
How was it ?
C'mon ..where's the photos ?

Good luck ..never thought you would Finnish up there !

Sent from my Mi A2 Lite using Tapatalk

Share this post


Link to post
Share on other sites
Headshot
9 hours ago, rep1 said:

lots of snow! the weather is excellent! no idea why most finns seem to dislike that :P 

Once you have lived with it for a while, you will realize that an abundance of snow is both dangerous and a lot of work. That is why those who live with snow dislike it.

  • Like 1
  • Haha 1

Share this post


Link to post
Share on other sites
rep1
9 hours ago, Gus said:

Rep 1 I really enjoyed your thread about your preparations for moving into the condo .
The agonizing over which furniture to buy etc and all the other items ..
My favourite was about which waterproof speakers to buy ,so you could listen to music in the shower !
I too deserted Cebu , so lost touch with a few of the happenings on here.

Did you ever get to live in your Condo ?
How was it ?
C'mon ..where's the photos ?

Good luck ..never thought you would Finnish up there !
 

haven't inspected and I'm actually coming here for that, was very busy working and preparing for interviews.

I think it'll be a much better choice this time, as it's not made for woman but work and life in general. It's like a dream to me :D Although all my furniture designs are wasted.

9 hours ago, Headshot said:

Once you have lived with it for a while, you will realize that an abundance of snow is both dangerous and a lot of work. That is why those who live with snow dislike it.

Yes but I'll live in apartment and I can't drive or ride bicycle... Walking cannot be dangerous yes? Someone warned me about walking miles under snow at night... Not sure what's the danger. (A bottle of vodka should fix everything!)

Share this post


Link to post
Share on other sites
Soupeod
25 minutes ago, rep1 said:

haven't inspected and I'm actually coming here for that, was very busy working and preparing for interviews.

I think it'll be a much better choice this time, as it's not made for woman but work and life in general. It's like a dream to me :D Although all my furniture designs are wasted.

Yes but I'll live in apartment and I can't drive or ride bicycle... Walking cannot be dangerous yes? Someone warned me about walking miles under snow at night... Not sure what's the danger. (A bottle of vodka should fix everything!)

You will need add on spikes for your boots and wool socks!

  • Thanks 1

Share this post


Link to post
Share on other sites
Headshot
26 minutes ago, rep1 said:

Walking cannot be dangerous yes? Someone warned me about walking miles under snow at night... Not sure what's the danger. (A bottle of vodka should fix everything!)

They"ll find you frozen in a snow bank. You might want to save the vodka for when you get home at night.

PS... Walking in the snow can be very dangerous, especially if there is ice or rough surfaces under the snow. Hopefully, you will live close to where you work. My ex-wife broke her hip when she slipped on ice under the snow.

Edited by Headshot
  • Thanks 1

Share this post


Link to post
Share on other sites
Guest
This topic is now closed to further replies.
Sign in to follow this  

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use, Privacy Policy and Guidelines. We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue..