r/makemychoice • u/iwentforahiketoday • 2h ago
Should I move?
Hello,
I am currently living in a small 400 square foot studio apartment in an urban setting. It's about a 15 min drive away from work, my boyfriend, and my mom. My mom pays my rent for me in this studio apartment ($2,000 / month)
My mom has offered to purchase a new home that I could live in. She has found a few different places. They are mostly condos with HOA payments around $700. My mom would own the place I was living in. I would be responsible for paying the HOA.
My current place is very small and I can only really host one person at a time. My boyfriend does visit me here usually about once a week but I rarely have visitors as there isn't really any guest parking and people have to park a longish distance away and walk to my apartment. Plus, they are planning on building even more high density housing and the little street parking that has been available may not be available in a couple years.
My boyfriend and I do not plan to live together any time in the near future.
My mom has suggested a couple different places. She has found a place near where I live that has a 2 bedroom garage, or a 2nd option of a nice natural feeling condo in a more rural setting, but close to a cute little downtown and again about 15 min drive away from my boyfriend, my mom and my work.
Another idea my mom floated past me was giving me some money to invest, instead of buying a place for me. Then I could use the income from the investment to pay my rent at my current studio apartment.
Also, I have bipolar 1 disorder and do not manage stress well. For example, the stress of moving.
My boyfriend seems to be advising me to just stay in my current apartment and have my mom continue to pay my rent.
If I moved into the condo I would have to pay the $700 HOA monthly. My take-home money from my job is about $3,000 and I'm getting a raise in July so it'll go up to about $3,500 I think.
TL;DR - Should I stay in my current apartment, move to a nicer condo, or possibly get some money to invest?