Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Why in the world would you let your brother use your account on a site that does not cost anything to have an account?
As far as the house goes hopefully you have your arrangement in writing with "your friends" regarding the taxes and maintenance. If not when the house goes up for sale for taxes tell your girlfriend she can buy it herself for the small price of the back taxes owed.
It may take 6 times that amount to repair all of the damage done but it will be a good investment for her. Then she can live in the house without you or your friends.
So I inherited a house in a more residential area of my city. However it is not a practical location for me to commute so I live in a different part of town. I basically let a bunch of my friends move in if they paid the property tax and maintenance along with some "rent". However my gf wants to move into the house and wants all my friends out. I didn't see myself moving there until kids were in the equation. Should I concede to my gf on this one?
well, the sole purpose of a rental property is to collect rent. What's the purpose of having your girlfriend move in and kicking out all your paying tenants? Seriously? Is she that naïve, or does she have sense of entitlement issues? What the hell?
Why in the world would you let your brother use your account on a site that does not cost anything to have an account?
As far as the house goes hopefully you have your arrangement in writing with "your friends" regarding the taxes and maintenance. If not when the house goes up for sale for taxes tell your girlfriend she can buy it herself for the small price of the back taxes owed.
It may take 6 times that amount to repair all of the damage done but it will be a good investment for her. Then she can live in the house without you or your friends.
Why does your gf need a place to stay? Why does she think she's entitled to your providing her with a place to stay? Why does she think she gets to tell you what to do with your property? How is what your friends do at their house relevant to her life at all?
Who does she think she is? Why are you with this person?
If I were you, I'd charge some kind of discounted rent for the house, and put that money in a separate savings account. You'll need the money when it comes time to get a new roof, or a new paint job, or some other maintenance or repair item. If you let your friends stay there for virtually free, you may have trouble getting rid of some of them when the time comes. Plus, it just isn't wise to throw away the earning potential of an asset like that. Do you inspect the place from time to time to make sure the occupants are taking good care of it? Tenants can trash a place just from carelessness, and wear-and-tear. Water damage to the shower area or the entire bathroom, if it's not properly vented, for example. You have to stay on top of stuff.
well, the sole purpose of a rental property is to collect rent. What's the purpose of having your girlfriend move in and kicking out all your paying tenants? Seriously? Is she that naïve, or does she have sense of entitlement issues? What the hell?
Technically its not a rental property. I just get some money off it and its a pretty good party house. I think she wants us to move in together into that house.
Why does your gf need a place to stay? Why does she think she's entitled to your providing her with a place to stay? Why does she think she gets to tell you what to do with your property? How is what your friends do at their house relevant to her life at all?
Who does she think she is? Why are you with this person?
If I were you, I'd charge some kind of discounted rent for the house, and put that money in a separate savings account. You'll need the money when it comes time to get a new roof, or a new paint job, or some other maintenance or repair item. If you let your friends stay there for virtually free, you may have trouble getting rid of some of them when the time comes. Plus, it just isn't wise to throw away the earning potential of an asset like that. Do you inspect the place from time to time to make sure the occupants are taking good care of it? Tenants can trash a place just from carelessness, and wear-and-tear. Water damage to the shower area or the entire bathroom, if it's not properly vented, for example. You have to stay on top of stuff.
OP sounds like he is ~19/20 years old and has his first serious girlfriend and she is already thinking about getting married and how he's going to support her in that house
The GF sounds controlling and the OP sounds a bit naive/green.
Technically its not a rental property. I just get some money off it and its a pretty good party house. I think she wants us to move in together into that house.
Are you currently renting or are you a home owner? Do you know how lucky you are that you have a "potential" rental property?That little place can be your bread and butter someday.
Don't let her ruin your financial future. I wouldn't let all my friends move in either. Find a good tenant, write a contract with him or her, and start building your real estate portfolio. I would definitely take advantage of the opportunity if I were you. this is just a suggestion though, I don't want to give you unwanted advice.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
