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Hoping for a New Apartment

Blogs > ThomasjServo
Post a Reply
ThomasjServo
Profile Blog Joined May 2012
15244 Posts
February 17 2015 20:56 GMT
#1
So, I don't know what the renter's market is like where you are at, but in the Twin Cities at the moment it is a bit of a racket. The market fluctuates a pretty large amount, for instance at the height of the housing market issues rentals were marked way the hell up, and there was a drastic shortage. Right now the market is almost split in the Twin Cities. It isn't the best time to buy a house, but it certainly isn't the worst with the right down payment, and despite my previous blog about buying a house, the new car kind of put the kibosh on that until we get our ducks in a row and sort out that pesky down payment. With that in mind, my girlfriend and I have been in our current apartment for almost two years and our lease is coming to an end.

Two years?! Well, yes, our landlord was willing to cut a deal on a longer tern and for 1100 sq ft (that is just over 100 sq m for our metric friends) and two bedrooms it is kind of hard to turn down $950 a month. That being said our place isn't the best. It is the top floor of a Saint Paul Duplex, something which locally means quirks, and lots of them. Most Saint Paul houses were built in spurts, between 1890 and 1930. There are peppering of intermittent decades here and there, a few units that Sears would have sold to the returning GI, and if you are very unfortunate, some ugly, ugly structures from the eighties.

I've annoyed you enough about my trip abroad for you to know this is being financed by a friend for his business; a business which he inherited from his father who rather unfortunately came into health problems leaving his condo unoccupied, in one of the most scenic areas of Saint Paul.

[image loading]


This same friend was gracious enough to consider renting to me, and my girlfriend though there are extenuating circumstances as he is not the sole party from his family's side to consider things. The unit is I don't know how many square feet or meters, but is a 3 story brownstone, condo with rooftop access, two bedrooms, and very reasonably updated not too long ago. I am absolutely nervously excited about the chance to move in; he doesn't care about the dog or cat, and is willing to give us a really good deal to basically just occupy it and pay towards taxes/association fees.

I am very keenly aware that this is a difficult thing for him, and I am one of the few people who knows exactly what happened to his father specifically. I am doing my best to make sure that he is comfortable with the arrangement, and that it isn't too strange for him having his father's home being used by his friend of almost a decade as a rental unit. The other potential stress I am aware of is having a friend for your landlord. We take care of our apartment, and would most certainly do the same for him, but there are always one offs and that kind of stress would definitely be potentially dangerous towards one of the few friendships I put an effort into maintaining.

We are kind of stuck sitting and waiting until we hear back from his brother specifically about the deal. We're not going to find a better place for what he is asking and I am optimistic. I have been as forthcoming as I could about his potential concerns, if he were uncomfortable about renting it, and shooting straight with the lease agreement, and I just hope it comes through this spring. We are stuck in our current unit until May, but put some good vibes out there for me TL.



****
Zambrah
Profile Blog Joined June 2011
United States7393 Posts
February 17 2015 22:38 GMT
#2
Wow, looks beautiful, hope it all works out favorably for you!

Good vibes sent.
Incremental change is the Democrat version of Trickle Down economics.
Dalguno
Profile Blog Joined January 2011
United States2446 Posts
February 17 2015 22:57 GMT
#3
Looks like a great place. If he's a good friend and you'll take good care of the place, it seems like a good deal. How long have you known him? Do you feel pretty confident that it won't create any conflicts?
"I'm gonna keep making drones cause I'm a baller, and ballers make drones." -Snute
ThomasjServo
Profile Blog Joined May 2012
15244 Posts
February 17 2015 23:07 GMT
#4
On February 18 2015 07:57 Dalguno wrote:
Looks like a great place. If he's a good friend and you'll take good care of the place, it seems like a good deal. How long have you known him? Do you feel pretty confident that it won't create any conflicts?

Just shy of a decade, I was just thinking I was putting him off or forcing it on him, sort of got the feeling. But we've been close friends since freshman year of college.
Yorbon
Profile Joined December 2011
Netherlands4272 Posts
Last Edited: 2015-02-18 00:34:29
February 18 2015 00:33 GMT
#5
Never mind, i totally read wrong, lol.
MysteryMeat1
Profile Blog Joined June 2011
United States3292 Posts
February 18 2015 07:48 GMT
#6
put a ring on it boi, also good luck!
"Cause ya know, Style before victory." -The greatest mafia player alive
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