Condo for rent
Much of our lives lately has been consumed by fixing up our condo to rent. Cleaning (at which our two moms are INCREDIBLE), painting, patching, and more…almost every free night after work has been spent there getting it ready to show. Since it’s way too big for Amanda and I to live there (about 2,500 sq ft), and since the market isn’t the best for selling right now, we’ve decided to rent it out. It’s now officially on Craigslist here.
If we can’t find tenants who want to live in this nice part of town and pay this much rent for a big condo, we’re going to move in when our apartment lease is up and live there until we sell it. In the meantime, we’d be searching for a house, or apartment building, or farm, or something…
The last 2 years of my life have been somewhat formative; they have changed me a lot. Everything was easy until I discovered that it was possible to really follow Jesus’ teachings today, even in America where we’re sometimes so distanced from so many of the things Jesus taught about. Back then, I was climbing the job ladder and trying to make more money, I invested in this nice condo to begin building equity, I shopped at TJ Max (yes, even for home decor occasionally!), when I wanted something new I bought it without much hesitation…and then I begin reading about rich America and begin to see how I was buying into the American dream philosophy and too easily accepting what culture taught me was normal. I read things like this quote from St. Basil:
“Who is the greedy person? It’s him who doesn’t content himself with what he has. And who strips? He who steals what belongs to the others. And you think that you are not greedy, and that you do not strip the others? What was granted to you, in order for you to take care of the others, you took it and you made it your own. What do you think? He who strips the clothed is to be called a thief. How should we name him, who is able to dress the naked and doesn’t do it, does he deserve some other name? The bread that you possess belongs to the hungry. The clothes that you store in boxes, belong to the naked. The shoes rotting by you, belong to the bare-foot. The money that you hide belongs to anyone in need. You wrong as many people as you were able to help.” St. Basil (taken from Sojourners magazine)
So I (along with my friend Josh, going along the same path) moved out of this huge condo in Belle Meade to north Nashville, to an area that the city has all but abandoned. In community there, we often discussed owning property, money and finances as they relate to our Christian faith, investing…and I was often challenged to think differently about these topics, or at least see them from a different angle. So now here are some questions that all of this has led to regarding what to do with the property that Amanda and I now own. We chose to live in an apartment instead of buying a home right away, and continue trying to rent the condo to help pay off the mortgage. But now what?
1) We own a large home, 2,500 sq ft could house several people easily…are we being greedy to rent this out rather than working through Safe Haven to house a homeless family in it (like we’d originally planned with another house we were trying to buy pre-wedding)?
Whatever you think, we want to be held accountable on what we’re doing with $1300 a month income. It could be so easy to slip back into a life of self interest…
2) We don’t want to be in debt…we don’t believe that staying in debt is either healthy or what God intends for us. So in that way, paying off a mortgage is a very good thing to do. But we need to be encouraged not to overlook charity in the meantime. If we give all our extra money to the mortgage and none to the poor, we overlook the immediate need of our neighbors even though we still may be using the money for a good cause (getting out of debt). We want to be close to the poor now, not just in either distant acts of charity OR future plans to give lots of money. Yet getting out of debt will allow us to eventually do greater things for those in need. So my question here is: How do we balance these two good things?
A. Paying off loans / getting out of debt, so that we can be freed up to do more for the poor
B. Serving immediate needs of the poor
It’s basically the same as the decision to invest…I can give more money, probably, if I wait and invest it and have a million dollars in 10 or 20 years instead of 200,000 now. So which is the wise and stewardly thing to do? And to this I would disagree that the wisest way would always be to save, invest, and give the larger sum at some point in the future. I just know there has to be some balance to this.
We’d love your input! May the Lord lead us in his footsteps, even through dangerous areas. And, on a lighter note, may he direct our paths, or at least keep us in good humor, as we venture over our heads in condo repairs. :) Peace.