We already know how them folks aim to keep us at a disadvantage financially, so that we don't have the means to wield wealth in ways that would aid us in defending ourselves against White Supremacy. At the same time, there are some Black American men and women sitting on houses that their parents left them and playing stupid with a generational stepping stone to wealth. Don't go online complaining about how hard it is out here when everyone wasn't blessed with a house or other assets. There are a number of Sistas and Brothas figuring out how they're going to cover the funeral expenses of their parents who didn't care enough about them to at least spare them their final costs.
It doesn't matter how you feel about doing house work and keeping the property up. Life takes work to make it through one day to the next, and if you have a home that takes some elbow grease but it has the ability to spare you the need to pay rent and all you have to pay are the property taxes, you're a fool.
If you don't want to stay there, the least you can do is prevent it from falling into disrepair. All you would be asking for from that point are fines from the city. Why not rent it out? Why not try to use it for AirBnB purposes? I bring this up because I know a few people who are stuck on stupid. They have homes to call their own, but refuse to. One of which is a struggling single mother.
She wouldn't have to struggle as much with rent off the table, but she won't move into her mothers home. The repairs don't prevent her from living in the home, and repairs can be done over time. She has a job, and money can be saved up from the rent she no longer has to pay. That would allow her to do something nice with that property, and a number of blessed Black Americans who are too foolish to realize the blessings they have on their hands are playing themselves as well.
If this is you, stop. If you're tired of struggling, acknowledge the assets you have if you're in this type of situation. Don't sit up and complain about how much more work you have when living in a home compared to an apartment when there are services out there that can assist you too. Make it make sense, especially with a child. Our children can't afford to have foolish parents who lack the willingness to build and make sure they're left with something. If you leave your children with nothing, you've failed them, and I'm not talking about a TV or a furniture set, unless that furniture is worth some money and can help them financially.
If you're making $4000 to $5000/month without rent, how would that impact your life if you're a good steward with your money? You can put money in savings, set things up even to a degree where you can get a smaller place if you desire and rent out your inherited home. You can continue to obtain properties from there if you desire and ultimately decrease the need to work an hourly job that potentially has you stressed out. That opens the door to home school, that opens the door to being more active in your child's education if you lack the time now. You'd have the time to show your child how to hustle smarter and teach them the importance of income-generating assets. Don't sleep on property you have the ability to take advantage of, and the same can be done if you have siblings. Work together and get that green.
Wise up and don't struggle if you don't have too.
