05.23.23 Unethical Real Estate Investors - It Gets Ugly / Unused Vacation Time? NO!

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 4.9K Ratings

🗓️ 23 May 2023

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

They advertise on billboards, roadside signs and in media - real estate companies that specialize in distressed properties. Should you ever consider giving them a call? Like any industry, there are both legit and crooked players in the real estate investment game as cash home buyers. A Clark Smart Warning includes a reminder to watch over our vulnerable senior loved ones. Also, half of Americans with paid vacation don’t use it all! Clark speaks to this unspeakable stat, with a directive for you. Unethical Real Estate Investors: Segment 1 Ask Clark: Segment 2 ALL Your Vacation Time!: Segment 3 Ask Clark: Segment 4 Mentioned on the show The Ugly Truth Behind “We Buy Ugly Houses” Five Stories of Lives Upended After Dealing With the “We Buy Ugly Houses” Company [The Washington Post] The mystery of the disappearing vacation day Less Than Half of US Workers Use All Their Vacation Days Clark.com-Timeshares / Timeshare Users Group / Vacatia Clark Howard's Guide to Saving Money on Your Wedding How To Manage Your Monthly Subscriptions To Save Money 7 Types of Subscriptions You May Want To Cancel Today Clark.com resources Episode transcripts Community.Clark.com Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	I'm so glad that you're here with us on the Clark Howard Show where our mission is to
0:10.5	serve you and empower you to make better financial decisions in your life.
0:16.9	This episode I'm going to talk about two ugly things.
0:21.4	First, those scientists you see saying, we buy any house.
0:28.0	Are they on the up and up?
0:29.9	What's it all about?
0:31.9	Second thing, something that's truly ugly to me.
0:36.5	Not taking your vacations?
0:39.4	Not taking them?
0:40.4	Oh, come on.
0:42.5	We got to talk.
0:44.6	So for decades, I've had question after question from people about what do those science
0:51.8	mean?
0:52.8	What do the billboards mean when they say we buy any house?
0:56.8	Well, I've talked about what that's about and who that's for and who benefits from those
1:05.7	science and a free way exit those billboards, those online ads.
1:10.3	ProPublica did a thing on the people you see the sense to say we buy ugly houses and
1:16.8	their report was really, really ugly.
1:20.5	And I've read their report and I'm going to say something.
1:23.7	There are clear abuses going on, but these are franchise organizations and there are some
1:30.8	that specifically have been dishonest and taken advantage of people and there are others
1:36.4	that are just trying to make money as investors and not trying to take advantage.
	...

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