Countdown
My living arrangments could be described as pretty good. I have my own place, and for a good price per month. But all that may be coming to an end, and even though some are bennifiting I will probebly get screwed again.
A while ago I came into some money through an inheratance. It wasn't a lot, but it was a good amount. This was around the time my parents were thinking of selling their place. I was still living at home at the time. I figured that I should invest the money somewhere, and since wanted to move out on my own, I would use the money and buy a small house, like a semi, and rent out the basement, maybe even get a roommate for the upstairs to help with the bills. So I told this to my family, and asked if they could help look for a place. My parents decided that they would sell their place, and buy a smaller house, enough for them and my brothers.
As I was looking I was presented an opritunity. A cousin was also looking to invest and he found a big place, that needed some work. The idea was that we would buy the house together, fix it up, rent it for a few years and sell for a big profit. Fixing it wasn't a problem, and we did stand to make a bit of money, especialy if we rented it out to help pay off some of the mortgage. What I was concerned about was that to rent it out I would have to rent the whole thing, I couldn't live there. That's when my aunt and uncle stepped in. They said I could rent out their basement, for as long as I want. Since my cousin already had a place, this would be a way for them to help us out. Besides it was a good deal, so we did it.
For the last 2 years it has been good. There has been no complaints from either of us. And since the tenants of the house were good, they signed an extention of their lease for 1 more year, just 3 weeks ago. Everything was good. But now all that changed.
Yesterday My aunt and uncle told me that they are going to sell their house. They then went on to tell me what they were planning on doing, most importantly that they were planning a big rec room and living room in their new basement. In other words a hint that they were moving andI was out on my own. Even worse, found out that they had already planed to move 2 months ago! That pisses me off, because I talked to them about weather I should extend the lease or not with my tenants. They said go right ahead.
So now I am screwed. If I didn't sign the lease, I could have sold the place, and got my share, and did what I wanted to. ( Since so far I made a good profit I would have bought a place of my own) But now I can't. I have to go out and find something else. And since they have already bought a place and have set a moving date, the count down begins.
It just bothers me that people, even family don't show any consideration.
A while ago I came into some money through an inheratance. It wasn't a lot, but it was a good amount. This was around the time my parents were thinking of selling their place. I was still living at home at the time. I figured that I should invest the money somewhere, and since wanted to move out on my own, I would use the money and buy a small house, like a semi, and rent out the basement, maybe even get a roommate for the upstairs to help with the bills. So I told this to my family, and asked if they could help look for a place. My parents decided that they would sell their place, and buy a smaller house, enough for them and my brothers.
As I was looking I was presented an opritunity. A cousin was also looking to invest and he found a big place, that needed some work. The idea was that we would buy the house together, fix it up, rent it for a few years and sell for a big profit. Fixing it wasn't a problem, and we did stand to make a bit of money, especialy if we rented it out to help pay off some of the mortgage. What I was concerned about was that to rent it out I would have to rent the whole thing, I couldn't live there. That's when my aunt and uncle stepped in. They said I could rent out their basement, for as long as I want. Since my cousin already had a place, this would be a way for them to help us out. Besides it was a good deal, so we did it.
For the last 2 years it has been good. There has been no complaints from either of us. And since the tenants of the house were good, they signed an extention of their lease for 1 more year, just 3 weeks ago. Everything was good. But now all that changed.
Yesterday My aunt and uncle told me that they are going to sell their house. They then went on to tell me what they were planning on doing, most importantly that they were planning a big rec room and living room in their new basement. In other words a hint that they were moving andI was out on my own. Even worse, found out that they had already planed to move 2 months ago! That pisses me off, because I talked to them about weather I should extend the lease or not with my tenants. They said go right ahead.
So now I am screwed. If I didn't sign the lease, I could have sold the place, and got my share, and did what I wanted to. ( Since so far I made a good profit I would have bought a place of my own) But now I can't. I have to go out and find something else. And since they have already bought a place and have set a moving date, the count down begins.
It just bothers me that people, even family don't show any consideration.
posted by The Cube at 6:40 PM
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