Brother Blows Inheritance On Car And Trips, Gets Mad Sibling Invested And Became A Landlord

100% NTA. It's one of those "F U YTAers." How can anyone side with the 'gimme the money NOW' Brother? The OP made his choice, fairly bought his brother out & poured in his own savings to build the fourplex (not sure what it would be called in the UK, but if it's 4 houses joined together, then we call them 'terraced houses'). Edited to add: The OP DIDN'T 'trick' his brother into selling his half. He knew exactly the OP's plan for the old house. BP are nowadays typing Rage-Bait, and being just as bad as Reddit with this post's title.

Sometimes I can't help loving how stupid people can be. Like the person who posted "she (the mother)'s trying to create financial equity between her children". In the name of God, why should there be financial equity between them when one of them risked his savings and the he other one just wanted the money fast? Life is not fair. They had the opportunity to share a business, but one brother declined to participate. You can argue the business is legal but a little unethical, but the mother doesn't seem yo be worried about ethics. She only wants a share of somebody else's money. Besides, the mother should have tried to make some arrangements for her own retirement, instead of threatening the only member of the family with an ounce of brain when there's nothing in her will. I would share if my family were very poor and I got a lot of money somehow, but it sounds as if these two leeches just feel entitled to OP's money because they happen to be relatives.

Kate Johnson

Kate Johnson

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So brother is a stupid, short sighted, wastrel that in now whining "unfair" because he made a poor choice about this property and mother is threatening the only intelligent child she has? I absolutely LOVE that OP told her that he would then feel no obligation in the future to help her out! I'm sure that worried her as she was probably counting on the competent son to bail her out. Guess she'd better hope her worthless wastrel son starts stepping up your too bad, so sad for mom.

He should go NC. His mother brother sound entitled and unhinged.

NTA... what OP did was very smart actually. His brother probably thought the plan would fail & not make them any money. Apparently he was beyond wrong since OP is living quite comfortably which is why he's butthurt about it.

If you are anti-land lord like those people above, F you. I have no idea where that mentality came from but it's on par with those anti vaxers. Grow up. People own property. Other people can't afford to either own property or handle the upkeep on property, both, or want to accept that risk. The two people make perfect partners. Boo hoo. No one is going to give you a free house.

The YTA comments are equal parts hilarious and pathetic. How dare someone take a huge financial risk, invest hundreds of thousands of their savings, take out a loan for a quarter million more and then....AND THEN....the sheer audacity....they charge market value for homes....to people who either want to rent, or simply have no choice but to rent. The monster! She should be paying the mortgage herself and giving the units out for free! Meanwhile, retail clerks now expect to get tipped 40%+ for standing there....and everyone gleefully ignores the fact that damn near everyone living in the U.S is in the global 1%. Don't see any of the people $hitting on landlords doling out 50% of their income to help the starving people in Africa, or the 100 million people in China living off less than $2 a day. The entitlement today is just f*****g unreal.

What do the YTA people believe, that he should pay out $600,000 and then give the homes away for free? We have a lovely landlord, as we did in the past few homes that we rented. There are evil landlords, but being a landlord doesn't magically make somebody evil. Moreover, "he is paying $1,800 and getting $2,000 each" - people lack basic reading comprehension. He paid more than $300,000 out of pocket. If he were paying mortgage for the entire cost of the building, he would be paying more than $4,000 a month. Or "tearing down historical houses" it wasn't a historical house, it was one of the cheapy built 1950s houses. But there are so few YTAs for that post, that writing that "some people" is ridiculous.

What’s with all these people who are against landlords? You they upset because they can’t get a free ride and be leeches?

People that hate landlords just because they are landlords are the same people that go into my wife's vet clinic and get mad that they charge money to help their animal. "If you truly love animals, you would do this for free."

Mom can foxtrot, take her favourite child with her. YTA brigade clearly missed the part about this house being in pretty bad shape so repairs were needed anyway. Sometimes it pays to just knock it down and build something bigger. People who think that a building from 1950s is historical is only because their stolen country only has +/- 400 years of their own history.

The landlord I've had for the last year is a sweet elderly gentleman, the rent is pretty steep, but at the same time I understand it. He's still responsible for property taxes and insurance, not to mention responsible for things like plumbing issues, the oven going out, the refrigerator going out, etc. Considering the city I live in as well I can guarantee you if he's making a profit off of us it isn't a huge one.

What??! I cannot imagine spending $160,000 for a car even if I did get a large inheritance. The total of the four cars that I have owned over the years would be less than $160, 000. And why do people think there is a problem with $2000 monthly rent for a three bedroom two and a half bath unit with a garage? And it's basically a new build? Depending on the total square footage, that's practically a house in and of itself.

I get so pissed at the idiocy of those who called him YTA Because he was a landlord 🤦🏻‍♀️ Without landlords I would be homeless. Many of us would be. There are greedy arsehole landlords and there are destructive arsehole tenants. Works both ways. My current landlord is fantastic!

The only people I see hating landlords are the ones who have to pay rent! Some of these people tend to think that we should finance their lives - pay their rent, utilities, and set up trust funds for their kids. I don't think so!! My husband and I were landlords and let me tell you, people got away with owing more rent than what we ever collected. SO glad to be out of that mess. However, someone who planned their future by building a 4-plex, is brilliant! If not for landlords, where would these people live? If they don't qualify for a loan, what are they supposed to do, set up a tent in their parents' backyard? The brother got what he wanted at the time and threw the money away on a car and trips. He didn't want to invest in his future. Mom should've stayed out of it.

Oh no! He's being cut out the will of a pug and a Hyundai

Adding to what has already been said, does anyone think that if the OP gave the brother a free unit or sold him one, the hazing would stop there? The brother is a pain and a lech now. Living right next to the OP he will have the opportunity to neglect the property, lowering value, spend his share of the rent proceeds, and then demand the OP give him more money, take out a mortgage on his part of the house, then not keep that up, etc., etc. The OP has a nice life, relatively peaceful. I don't think he wants his troublemaker brother next door. 24/7

All landlords need to be put to death. They do not perform a single function in society except stealing from everyone and being disgusting piece of s**t parasites