JohnRogers Posted September 4, 2022 Share Posted September 4, 2022 So my old man kicked the bucket, RIP Edward. He left me a mess. For all the organizing he had been doing lately he left me a bio-hazard. Enough of Ed living like a homeless guy and a hoarder. A couple of years ago, really like two at most, he got a tenant downstairs. Molly, a bar-maid from one of his favorite gin mills, his words. Molly recently had a baby boy and has a live-in boy friend. I have thus far found no evidence of lease. I have found evidence that Ed was proving electric, gas and WIFI. I beginning to think they live rent free. Ed could be like that. Obviously, a conversation needs to be had, I wanted to wait till after his wake at the bar last Tuesday. Now we're in holiday weekend. I'm sure the small one bedroom apartment is a run down time capsule including the Eisenhower bathroom. With out Ed's income I can't afford to float the house, which he owes $25K on from a line of credit. Ed's apartment will need work, kitchen, bathroom and floors. Property tax is $9K, a few grand cheaper than for the shack I live in. Comps in the 'hood for decent to nice places is $1,700 - 2,000. I'm thinking $900 plus pay your own utilities is fair, what say you? If they balk give them 60 or 90 days to go pound sand? I don't want to be a jerk, I want to respect my dad's intentions. I am having conversations with my wife and a local real estate agent but I'd like opinions from those who have bothered to read thus far. Link to comment Share on other sites More sharing options...
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