Brother Blows Inheritance On Car And Trips, Gets Mad Sibling Invested And Became A Landlord

Show me an unhappy family, and I’ll show you a group of people who cannot (and probably should not) become business partners. However, for a man who goes online by the nickname KeyAwareness3064, this wasn’t a problem. At least, not at first. After his brother refused to collaborate on a real estate investment, he bought the sibling out and proceeded to develop his idea. But when the venture became profitable, the brother came back with accusations of deceit and demands for his slice of the pie.

This man bought his brother’s half of the home they inherited and turned the property into a fourplex

Image credits: Zinkevych_D/Envato elements (not the actual photo)

But now his family are accusing him of deception and greed

Brother Blows Inheritance On Car And Trips, Gets Mad Sibling Invested And Became A Landlord

Image credits: Sightline Institute: Missing Middle Homes Photo Library/Flickr (not the actual photo)

Brother Blows Inheritance On Car And Trips, Gets Mad Sibling Invested And Became A Landlord

Image credits: KeyAwareness3064

Inheritance is a common source of conflict

Brother Blows Inheritance On Car And Trips, Gets Mad Sibling Invested And Became A Landlord

Image credits: Kuncheek/Pexels (not the actual photo)

Since 1992, the number of Americans getting inheritances from parents has nearly doubled even as bequests from grandparents and aunts and uncles have remained flat.

As of 2022, the average American has inherited about $58,000. But that’s if you also include the majority whose total lifetime inheritance sits at $0. If you look only at the lucky few who inherited anything, the average jumps to $266,000.

When you live your life under the assumption that your inheritance will fund your retirement plans, things could get messy.

Geropsychology expert, Aladdin Ossorio, PsyD, suggests this is happening primarily because we live in a culture that’s obsessed with money. “Maximizing one’s financial position is a primary motivator. The opportunity to obtain money overrides ethical behavior around the source of the money,” Ossorio told Forbes.

Children who find out about other beneficiaries upon a parent’s death can question the intent or delve into confusion and rage. This time, it wasn’t the case. The drama here revolves around spending.

When a loved one dies, you’re not thinking clearly enough to make big financial decisions. So it’s completely understandable that the Redditor’s brother is regretting his purchases.

However, why is he blaming others for it? It’s not that he was persuaded to blow it. On the contrary, judging from the post, he was given numerous opportunities to do something else with the money.

Inheritance is one of those things that don’t come our way often, and this case is an excellent reminder to try and make the most out of it.

As the story went viral, its author joined the discussion in the comments

Brother Blows Inheritance On Car And Trips, Gets Mad Sibling Invested And Became A Landlord

Most people think he did nothing wrong

Brother Blows Inheritance On Car And Trips, Gets Mad Sibling Invested And Became A Landlord

But some have a problem with him becoming a landlord

Brother Blows Inheritance On Car And Trips, Gets Mad Sibling Invested And Became A Landlord

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Rokas is a writer at Bored Panda with a BA in Communication. After working for a sculptor, he fell in love with visual storytelling and enjoys covering everything from TV shows (any Sopranos fans out there?) to photography. Throughout his years in Bored Panda, over 300 million people have read the posts he's written, which is probably more than he could count to.

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I'm a Visual Editor at Bored Panda since 2017. I've searched through a multitude of images to create over 2000 diverse posts on a wide range of topics. I love memes, funny, and cute stuff, but I'm also into social issues topics. Despite my background in communication, my heart belongs to visual media, especially photography. When I'm not at my desk, you're likely to find me in the streets with my camera, checking out cool exhibitions, watching a movie at the cinema or just chilling with a coffee in a cozy place

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What do you think ?

POST

Kylie 5 months ago

Gotta love people who think landlords are the scum of the earth. If not for landlords where would people live who can't afford to buy?

49points

Papa 5 months ago

They think housing, food, cell phones, and who knows what else should be free to everyone. They're a little fuzzy on the details of how that would actually happen.

23points

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All profits to charity 5 months ago

I think the idea of no risk but equal rewards has created some serious problems in our society. I agree with this guy. He took the risk. He gets the reward. Play like a toddler get paid like a toddler. $160,000 car! I can’t even. Maybe the brother should live in the car.

14points

Sunny Day 5 months ago

"You're an a*****e because you're a landlord." -- Tell me you'll never own a home without telling me you'll never own a home.

9points

elfin 5 months ago

While there are terrible landlords, there are terrible people in every profession. They aren't clones. And some people who prefer to rent rather than to buy.

8points

Me Oh My (He/They) 5 months ago

My grandmother, who is 86 years old, 4'11", and one of the sweetest people who ever lived is a landlady. It's her only source of income aside from her Social Security checks, which aren't much. I would LOVE to see one of these landpeople-haters interact with her so I could watch their brains implode.

5points

pebs 5 months ago

I agree with you. The only thing I find disgusting is the excessive speculation that leads to honest people who pay a reasonable rent being kicked out of their homes.

1point

Thanos'Fingers 5 months ago

This comment is hidden. Click here to view.

CanadianDimes 5 months ago

The YTA that accused him of tearing down a historic building made me laugh. It was built in the 1950s. It's not like he was tearing down a Tudor house built in the 1500s.

45points

Dragons Exist 5 months ago

I'm American and even I know a 70 year old house isn't old

9points

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María Hermida 5 months ago (edited)

Exactly. I had to read the text again because I thought I'd missed something. What's "historic" in a house built in the 1950s? Unless it was designed by a famous architect, or it had some unusual features, it's just and old house, probably too impractical for modern life, badly insulated, with useless electric wiring and plumbing.

7points

Melissa Harris 5 months ago

Also, by building new up to code infill, higher density housing he increased the local housing supply and its quality.

6points

StumblingThroughLife 5 months ago (edited)

100% NTA. It's one of those "F U YTAers." How can anyone side with the 'gimme the money NOW' Brother? The OP made his choice, fairly bought his brother out & poured in his own savings to build the fourplex (not sure what it would be called in the UK, but if it's 4 houses joined together, then we call them 'terraced houses'). Edited to add: The OP DIDN'T 'trick' his brother into selling his half. He knew exactly the OP's plan for the old house. BP are nowadays typing Rage-Bait, and being just as bad as Reddit with this post's title.

26points

Did I say that out loud? (he/him)cis/het 5 months ago

3 or more houses joined together are called terraced in the UK also. 2 houses joined together are described as semi,or semi-detached.

4points

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POST

Kylie 5 months ago

Gotta love people who think landlords are the scum of the earth. If not for landlords where would people live who can't afford to buy?

49points

Papa 5 months ago

They think housing, food, cell phones, and who knows what else should be free to everyone. They're a little fuzzy on the details of how that would actually happen.

23points

Load More Replies...

All profits to charity 5 months ago

14points

Sunny Day 5 months ago

"You're an a*****e because you're a landlord." -- Tell me you'll never own a home without telling me you'll never own a home.

9points

elfin 5 months ago

While there are terrible landlords, there are terrible people in every profession. They aren't clones. And some people who prefer to rent rather than to buy.

8points

Me Oh My (He/They) 5 months ago

5points

pebs 5 months ago

I agree with you. The only thing I find disgusting is the excessive speculation that leads to honest people who pay a reasonable rent being kicked out of their homes.

1point

Thanos'Fingers 5 months ago

This comment is hidden. Click here to view.

CanadianDimes 5 months ago

The YTA that accused him of tearing down a historic building made me laugh. It was built in the 1950s. It's not like he was tearing down a Tudor house built in the 1500s.

45points

Dragons Exist 5 months ago

I'm American and even I know a 70 year old house isn't old

9points

Load More Replies...

María Hermida 5 months ago (edited)

7points

Melissa Harris 5 months ago

Also, by building new up to code infill, higher density housing he increased the local housing supply and its quality.

6points

StumblingThroughLife 5 months ago (edited)

26points

Did I say that out loud? (he/him)cis/het 5 months ago

3 or more houses joined together are called terraced in the UK also. 2 houses joined together are described as semi,or semi-detached.

4points

Load More Replies...

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Brother Blows Inheritance On Car And Trips, Gets Mad Sibling Invested And Became A Landlord

This man bought his brother’s half of the home they inherited and turned the property into a fourplex

But now his family are accusing him of deception and greed

Inheritance is a common source of conflict