Here’s How You Make Money in Real Estate

Ramsey Everyday Millionaires

Ramsey Network

Careers, Investing, Business

4.6 • 3.6K Ratings

🗓️ 20 May 2022

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

Listen to how ordinary people built extraordinary wealth - and how you can too. You’ll learn how millionaires live on less than they make, avoid debt, invest, are disciplined and responsible! Featuring hosts from the Ramsey Network: Dave Ramsey, Ken Coleman, Rachel Cruze, John Delony, and George Kamel.

Transcript

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0:00.0	You're listening to Ramsey everyday millionaires, where we talk retirement, building wealth,
0:10.5	and outrageous generosity.
0:13.9	Stephanie's with us in Louisville, Kentucky.
0:15.6	Hi Stephanie, welcome to the Ramsey show.
0:17.6	Hi, thanks for having me.
0:19.8	Sure, what's up?
0:21.2	Well, so COVID was actually a kind of lucky thing for us right at the very beginning.
0:28.4	We were able to buy our first rental property right when rates were low, but before housing
0:33.1	prices just skyrocketed.
0:35.8	It came with a two bedroom house and a three bedroom with an extra office that they've
0:42.0	been using as a fourth bedroom, double wide.
0:46.7	The regular house, it didn't really need a whole lot of work even though it hadn't been
0:50.0	lived in a while.
0:51.0	So we threw some paint on it.
0:53.8	There are a couple of small things and they've been renting it out.
0:57.6	I would like to fix up the double wide.
1:00.2	It needs a lot of work though.
1:02.7	And this is new to me.
1:06.0	My husband grew up splitting houses and he doesn't really want to participate in giving
1:11.3	advice.
1:12.3	So this is kind of my little project.
1:17.6	But I don't really know where to draw the line as far as how much to catch flow for it
	...

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