My lovely mother passed in July, and I still have much to do to get her to final resting place across country. To complicate matters, the house we lived in has just jacked up the rent by $400/mo. as of November. I can't move at the moment and do not want to move anytime soon. My job is here. This life worked well for her care, but now I have a lot of overhead
I am thinking of turning her room into a studio and selling stuff online to make up the hike.
How are others making the transition in this shocking real estate market?
Any other suggestions on what I can do to make money with her space?
She was not paying any of the bills, and I had been paying the full rent for the last two years, so I was prepared in that way.
Demands just keep rising. :(
I wouldnt sell things to keep an apartment, is selling things going to get you a head , or is it just going to buy you time?
If it's to buy time, I wouldnt, advice that.
If your trying to save a house, that's different, because the house in the long run can earn you money.
Don't forget you are in the middle of grief, we don't always think clear when your grieving. So be careful of any major moves you make.
A friend of mines, husband died a year ago, a nice friend of her sons, that was also having a hard time financially, moved in with her. So far it's working out well. She has someone that can do the heavy lifting stuff, and more financial stability.
If you can ask around, your reliable friends. And maybe find a younger female looking for a place.
Don't forget to take care of yourself. 🙏
Or if the landlord would allow it sharing the house to help with the rent and utilities. (room mates can be a problem tough)
If you were using mom's Social Security for any of the bills you have that much less in income.
Do you have enough things to sell $4800.00 worth of items that it will take to make up the increase in rent? (In addition to doing your job)