Okay, I've let DH's best friend move in with us a month now. He has chipped in for food (buying his own and for us), paid sublet rent, and been very clean and helpful around the house. He was supposed to move out 8/31, but the girl he was moving in with threw him over and isntead decided to buy a 1 bd condo. So his search for a 2 bd apartment is now futile. He was making a lot of compromises by renting between where they worked, etc, so it's back to the drawing board.
One of his considerations is buying a condo. He qualifies for low-income housing as a post-doc, and thus with this affordable housing, he'd be able to buy something. He is very interested in the units. They are very nice, great location, and currently being built. Sometime next year is the expected move-in date. He will have help buying from his parents loaning him the DP.
Now because of this situation, I feel that perhaps it is okay to let him live with us month to month until he finds something or buys a condo. Do you think this is a bad idea? Financially we might break even, I'm not sure. He is a very nice guy and DH refuses to kick him out period, and we haven't pushed him hard to move out. This is not a fairweather friend, he was the best man at our wedding and DH's known him for 20+ years. This guy when we bought our first condo things went haywire and he loaned us money to close the sale smoothly (we paid him back less than 24 hours later). He knows the main issue is privacy not finances.
Do you think this is a mistake? Should we push him out or let him stay? I do think he's a nice person and I do not want him just living anywhere. He does the dishes, vaccums, cleans his bathroom, and overall tries to help out. So he's not a bad person. I just wonder if we should do this longer term?
We'd probably be renting to him below market value, but he would pay 1/3 of the utilities. Plus he does help DH work on the house/yard (he has). And he helps us out with the dogs as well.
One of his considerations is buying a condo. He qualifies for low-income housing as a post-doc, and thus with this affordable housing, he'd be able to buy something. He is very interested in the units. They are very nice, great location, and currently being built. Sometime next year is the expected move-in date. He will have help buying from his parents loaning him the DP.
Now because of this situation, I feel that perhaps it is okay to let him live with us month to month until he finds something or buys a condo. Do you think this is a bad idea? Financially we might break even, I'm not sure. He is a very nice guy and DH refuses to kick him out period, and we haven't pushed him hard to move out. This is not a fairweather friend, he was the best man at our wedding and DH's known him for 20+ years. This guy when we bought our first condo things went haywire and he loaned us money to close the sale smoothly (we paid him back less than 24 hours later). He knows the main issue is privacy not finances.
Do you think this is a mistake? Should we push him out or let him stay? I do think he's a nice person and I do not want him just living anywhere. He does the dishes, vaccums, cleans his bathroom, and overall tries to help out. So he's not a bad person. I just wonder if we should do this longer term?
We'd probably be renting to him below market value, but he would pay 1/3 of the utilities. Plus he does help DH work on the house/yard (he has). And he helps us out with the dogs as well.
Comment