Drew (Caller)
👤 SpeakerAppearances Over Time
Podcast Appearances
So I and my family, my wife and our kids, we are living, we are here in Texas.
And my parents, they live in that house in a different country.
Now, as the court case ended last year, that raised the question, how do we proceed?
And they verbalized the expectation that I pay if I keep the house.
And my question is, yes, I would like to keep the house.
And the transfer was legal.
But I don't think, to be honest, to be required to pay.
I don't know.
It's in Germany.
So the point is, I would like to keep the house to generate positive cash flow after they moved out.
And I'm okay with them living in the house after they pass away.
The point is, at that point, I would generate positive cash flow at that point.
And I do not intend to live in that house.
I think it's an asset for me to generate past.
Yes, I think you nailed that, yes.
I'm concerned about them as far as I want them, or I agreed to the lifelong right of residence in the contract, and I honor that.
But I do not see any reason why...
I should pay them now as the house is technically and legally mine, that I should pay them back for the house now.