How many would charge your mom and brother rent?

Question

My mom and brother live with me and I have been charging them very minimal rent. I have a 3 bedroom and 2 bath with garage (converted to a bedroom) which makes it 4 bedrooms. I can get $2000 a month if I rent it out, I live in Sylmar California. At this point I get $700.00 total from them as it is, and I told them if I move to buy me another house or move with my boyfriend that I would expect 1/2 market value a month $1000.00 total because I prefer them there than strangers living here. Am I being greedy or fair???

FYI My brother doesnt work and no reason why he cant. age 37.
and my mom gets social security and a pension age 63.

They have been with me for 15 years at the beginning paying total $400 then over 15 years now $ 700.00

Answer 1

It depends on how your mom took care of you growing up

Did she put you thru college, or did you pay for it yourself ?

Consider also how much you are making in life and how generous can you afford to be..ie are you making house payments every month

Your bro sounds like a mooocher.

I agree with you, your'e being more than fair.
It's time for your brother to get a life.
You already set your goal stick to it.
.

Answer 2

You are being really fair. You should rent out the house that you have now for the full value, move your mom in with you (if you get along well) and kick your lazy brother into the street. It sounds cruel but if he is that old and doesn't work you need to do something or when your mom cant take care of him any longer he will expect you to do it.

Answer 3

That totally depends on the relationship you have with your Mom. There are just too many factors that go into it.

If you need the money (and I mean really need it, not just "it would be nice to have") you could tell you mother that you need that $1000 a month. Or, you could let her know that you are going to have to find them a roommate to offset the expense of the new chunk of rent you are about to have to pay. If she is willing and able to pay the 1000 a month, accept the "help" from her.

However, if you don't need the money, You should let your mother have the house a reduced rate, so long as you are not taking a loss on the house every month (don't forget repair costs and taxes).

Really, I think you need to carefully weigh your options, examine your finances, and then have a heart to heart with your mother.

Answer 4

Yes, you are being fair if they are both capable of earning a living, and paying for utilities else where if they were not living with you. My thoughts is that it is better for them to pay you rent and assist you, than them pay a stranger. Likewise, you having them live with you and bonding as a family, as opposed to sharing your home with strangers.

You are within your rights and being fair, and not greedy by any means. Now, if they are living on assistance and can not afford this amount, then that's another story.

Answer 5

They are living off of you or are they disabled. They are most likely taking advantage of you. I myself have done this. I was charging my family members minimal rent, so they could save money to get their own place. They ended up taking advantage of me. It was hard getting them out. Now my oldest son quit school so he had to get a job. He has to pay me $150.00 per week. @$600.00 per month. if you times that buy 2 you should be getting around $1200.00 per month. This would be fair. For the cost of food, utilities, Laundry, Household supplies, cleaning, etc. Why should you be weighed down with the remainder of the cost. You should be benefiting for the invasion of you life from others.

Answer 6

Charge Mom Rent .. No way .. thats mom , she took care of you as a baby , child , teenager. I would never charge my Mom Rent.

Brother .. YES .. charge away.

Answer 7

Mom: NO.
Brother: Yes.

Your mom has spent tens of thousands of dollars raising you. You don't want to get into a who owes who there. There may be a day where you have to take care of her anyway.