Do I owe rent to my landlord?

[superadvisor]

I generally get along with the guy really well, I've lived with him in his house for the last 4 months paying $400 a month to rent out a room.

He's always had problems paying his mortgage, he got in way over his head with the loan. The other day he tells me he is quitting his 2nd job.

Using my logical skills I deduce that it would be impossible for him to make his mortgage payment if he quits his 2nd job therefore he is going to stop making the payment and let the house foreclose. I asked him about this and he hinted that that's what's going to happen. He's already lost 2 of his other investment properties to foreclosure.

It generally takes no less than 6 months for the banks to seize the house, 3 months for the foreclosure and 3 months to evict. So obv he plans on just living here rent free until he gets booted out and I plan on taking the free ride along with him.

So my question is, if he isn't making the mortgage payment, do I still have to pay him monthly rent? Doesn't seem fair.

[Freakin]

Ask him straight up. He sounds like a douchebag so he's probably going to want your rent money.

[Grivan]

Yes, the fact that he has a mortgage has no relation to your rent agreement. If he owned the house outright and wasn't paying monthly do you think you still wouldn't owe him rent?

[phiphika1453]

Yes, you still owe it.

What he does with his money is none of your business. If there is some kind of contract involved then you might have some action once he tries to kick you out, but you cant start skipping your rent b/c he his skipping his house payment.

Quit being a tool and trying to get free rent.

[Paul B.]

What do you mean it doesn't seem fair? His credit's gonna be ruined for a long long time. I can't even believe how much of a dirtbag you are for saying it doesn't seem fair.

Sad thing is a lot of people are going through this because of the market.

[wdcbooks]

Of course you owe the rent. Talk about kicking a guy when he's down. He will have to face the consequences to his credit and lose the money he has already put into the house. You really face no consequences except having to find a new place to live.

[ViolentGandhi]

Of course you don't owe him rent, why the [censored] should you pay rent when he's gonna foreclose on the house. Since his credit is ruined anyway, its not like an extra 400 a month is gonna help his dumass anyway. Right?

[bobman0330]

Do you have a written lease? If not (and even if so), you should agree with him that you'll start paying your rent at the end of every month or on a weekly basis. As it stands, there's a good chance you'll get evicted in the middle of a month and you'll be out for whatever part of the month you've already paid for.

[Uncle_Billy]

will he somehow violate your lease agreement by doing what he's doing? i.e., you'll ultimately be kicked out too, and if you have knowledge this is going to happen, maybe you've got an out / excuse to renegotiate your rent..

[killsadie]

lawl@op