Dilemma?

[Goldfish]

I own my townhouse. It's worth less than I owe (shocker right now, I know). My girlfriend just got a job making good pay about an hour north of where we live (without traffic). It's dog rescue related. The lady and her husband who runs this org make bunches of money on other business ventures so the dog thing doesn't make money, it's just their "like to do it" thing. They have a house that they want their employees to live in, for free. No rent due. The question, would you move in to the free house?

This lady is kind of flighty, in an annoying way. I'm also wondering how controlling this lady is that she wants her employees to be right by work. It would also put me about an hour and a half away from my new job. I work Fri-Sun, so three days of commuting if I don't crash on a friends couch down this way for the weekends.

Part of me is really apprehensive to this. Am I going to be put in this situation of being at the beckon call of a crazy animal person? But the other part is screaming take the free place to live and pay of your bills dummy!

What would you do?

sent from a phancy fone

[aunt betty]

Pm me if you wanna talk.
Am in a very similar position.
Benefits outweigh the negatives...barely.
But can your relationship take it?
That is what matters.
Aint it?

[Redbeard]

That's a tough one. Pay off all debt and pad your savings account, while having to put up with her??? Whatcha plan on doing with the townhouse if ya do it? Are they requiring your girlfriend live in the free house or just offering it up?

[QH's Paw]

Hour and a half drive is nothing, you're young. I drive that every night I work and my shift is 12 hours.
The problem is, what will you do when these people have financial issues and no longer finance this "hobby" business. You'll be at their mercy. How well do you know them? Do you want thenm to decide your future?

[assateague]

I own my townhouse. It's worth less than I owe (shocker right now, I know). My girlfriend just got a job making good pay about an hour north of where we live (without traffic). It's dog rescue related. The lady and her husband who runs this org make bunches of money on other business ventures so the dog thing doesn't make money, it's just their "like to do it" thing. They have a house that they want their employees to live in, for free. No rent due. The question, would you move in to the free house?

This lady is kind of flighty, in an annoying way. I'm also wondering how controlling this lady is that she wants her employees to be right by work. It would also put me about an hour and a half away from my new job. I work Fri-Sun, so three days of commuting if I don't crash on a friends couch down this way for the weekends.

Part of me is really apprehensive to this. Am I going to be put in this situation of being at the beckon call of a crazy animal person? But the other part is screaming take the free place to live and pay of your bills dummy!

What would you do?

sent from a phancy fone

Rent your townhouse and move. Let somebody else pay your mortgage for you (or at least a chunk of it). If it gets ugly, just get rid of the tenants and move back.

[Goldfish]

I've met the lady once. Never met her husband.

The drive wouldn't be as killer, but Friday night I actually get off work at 2am Sat morning, and need to be back to work at noon Sat.

I don't know what I'd do with the town house. I couldn't rent it for what the monthly bills on it come to. I could try talking with my old work (the credit union) about short selling it and/or paying the difference to them. If I'm not paying rent, that shouldn't be too hard. But that leaves any sort of "out" of the situation as an ordeal.

sent from a phancy fone

[Goldfish]

And I don't know that it's a requirement that she lives there, but my girlfriend is all about it

sent from a phancy fone

[Olly]

If she's requiring that you live there I'd be questioning why. If she has the extra house on the property and she's just offering then I'd consider it.

[Olly]

Just remember nothing is really free in this world. I'd be willing to bet there is a catch somewhere.

[assateague]

Goldie, I'm gonna say this in the nicest possible way. I'm sure your girlfriend is a great person, and you guys have a good time together. You're probably even happy. But you two are pretty much incompatible. You will eventually go separate ways. It doesn't seem as if many (if any) of your interests overlap, which is fine- but it seems like your interests actually contradict each other, and if they're mutually exclusive, then that is a problem. Your worldviews don't jibe. You may want to consider biting the bullet and just making that call now.

Not trying to step on any toes or hurt any feelings, just calling them as I see them.

[Tomkat]

Just remember nothing is really free in this world. I'd be willing to bet there is a catch somewhere.

THIS ^^^^^^^^^

Animal rescue folks tend to be flight, IMO.

WHATEVER YOU DO GOLDIE do not default on your obligation! Do not fuck up your credit score!

You dont want to hear this, but at this stage in your life, the credit score is more important than the girl friend.

Sorry if that sounds harsh.

Saint Cloud is a nice town....

[rebelp74]

If you do what assa said, it's best to do it sooner than later. No point prolonging the inevitable.

[rebelp74]

Whatever you do, best of luck and I hope it all works out the best for you.

[Goldfish]

Hence my apprehension to living in a free house. To good to be true almost. I certainly wouldn't default on my house. I've kept my credit score in the good to excellent range for way too long to be messing that up. It would be nice to be able to actually get ahead of the bills though.

Stupid life decisions

sent from a phancy fone

[assateague]

I still think it'd be better to find a way to keep your place. It may be more difficult to do, but selling at a loss doesn't seem to me to be the best way to get ahead. Embrace the suck for a while.

[aunt betty]

Hence my apprehension to living in a free house. To good to be true almost. I certainly wouldn't default on my house. I've kept my credit score in the good to excellent range for way too long to be messing that up. It would be nice to be able to actually get ahead of the bills though.

Stupid life decisions

sent from a phancy fone

Wait until something goes wrong. IE: home repairs on this free house.
How much you wanna bet that once you hit the "money wall" it's game over.
Don't do it!
It's a trap.

AckbarStanding.jpg

P.S. If you have to travel 1.5 hours to work and 1.5 hrs back...
The fuel cost and wear n tear on your vehicle would offset any savings imho.
I moved away from town to get cheap rent and it didn't work. Spent the rent money I saved on feeding the truck and fixing it.

[Tomkat]

Hence my apprehension to living in a free house. To good to be true almost. I certainly wouldn't default on my house. I've kept my credit score in the good to excellent range for way too long to be messing that up. It would be nice to be able to actually get ahead of the bills though.

Stupid life decisions

sent from a phancy fone

Good man.

AB has a point- the money you would save in travel, etc would buy a lot of quality lap dances...just saying

[Willie]

There's no such thing as free...at all. I'd stay where you are.

[Willie]

I've met the lady once. Never met her husband.

The drive wouldn't be as killer, but Friday night I actually get off work at 2am Sat morning, and need to be back to work at noon Sat.

I don't know what I'd do with the town house. I couldn't rent it for what the monthly bills on it come to. I could try talking with my old work (the credit union) about short selling it and/or paying the difference to them. If I'm not paying rent, that shouldn't be too hard. But that leaves any sort of "out" of the situation as an ordeal.

sent from a phancy fone

Surely you can get enough rent to cover the mortgage, taxes, and insurance. The rest is up to the tenant.

[Goldfish]

I could always just contract out the management of renting out my townhouse to some company so I don't have to deal with that part, pay a little bit every month to the mortgage still, but not have anywhere near the same amount with the rental money coming in and pay off my other bills.

For some financial background, my bills/income is pretty much 1/1. I can penny pinch like no other (except I don't always find deals like Assa so I think he comes out ahead there). I make a little here and there to stash away for hunting season, but not much.

Maybe that's the way to go just to get ahead for once? Rent my place, take advantage of the free house, and if it all goes south, I still have my place in the end

sent from a phancy fone

[Willie]

I could always just contract out the management of renting out my townhouse to some company so I don't have to deal with that part, pay a little bit every month to the mortgage still, but not have anywhere near the same amount with the rental money coming in and pay off my other bills.

For some financial background, my bills/income is pretty much 1/1. I can penny pinch like no other (except I don't always find deals like Assa so I think he comes out ahead there). I make a little here and there to stash away for hunting season, but not much.

Maybe that's the way to go just to get ahead for once? Rent my place, take advantage of the free house, and if it all goes south, I still have my place in the end

sent from a phancy fone

The rental agency will take a % of the rent every month as their management fee. They may also take the first months rent to build a "reserve fund" for repairs and stuff.

I have a rental house and it's managed by a rental agency. Monthly rent is $1,800, they take 10% a month as their fee, and we move on. I think the reserve fund stays at $1,000.

If your job is going to be an hour and a half away, I think that's what you said, that's a lot of gas money and a lot of wear and tear on your vehicle.

[MuddyWaterWarlock]

Goldfish, I know you have eagerly been waiting for my response. You and your girlfriend are getting lured into an underground network of sexual debauchery. You will be traded amongst the network encountering lurid connections throughout. You are going to be the "new guy" responsible to pleasure many of both sexes. You should travel cautiously and be prepared to make a critical decision. Ahh hell I don't know, its decisions like this that makes life interesting. Be very careful mixing business and home life, it is best left separate. Think it through and good luck with what ever you decide.

[Goldfish]

Muddy I liked where that was going until you said both sexes

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[MuddyWaterWarlock]

Muddy I liked where that was going until you said both sexes

sent from a phancy fone

Just checking to see if you were really reading it or skimming

[Mornin Beef]

Too many unknowns for me to comment, but I will say this: The feeling of living on private property is priceless for me, but the feeling this debt/loan to obtain this privacy/property is very ball and chain like. So is the job I have to maintain to keep the ball and chain on my ankle for the sake of privacy/property rights. You will lose all privacy and still have the ball and chain if you live in free housing. How much do you value your privacy?

[Mornin Beef]

If this is a financial wash I mean. Just so your women can obtain a new career and experience. If it is a financial gain they you weigh that versus your privacy. And then there's if you even like this women.

[rebelp74]

MB, that's quality stuff. I'm impressed!

[Mornin Beef]

MB, that's quality stuff. I'm impressed!

You know what kind of privacy im talking about you ol fashioned marley twister.

[waterfowlman]

Goldy....why don't you just forget about all of this, find yourself a beautiful 30 year old nymphomaniac heiress and go the gigolo route?

[Goldfish]

Goldy....why don't you just forget about all of this, find yourself a beautiful 30 year old nymphomaniac heiress and go the gigolo route?

Where was this answer from the rest of you?

DONE! Off to lake Minnetonka...

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