I'm Scared to Invest in Real Estate in a College Town Right Now

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 14 October 2020

⏱️ 6 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Ramsey Call of the Day is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Chris Hogan, Christy Wright, Anthony ONeal, and Dr. John Delony. Part of the Ramsey Network. Delivered to you five days a week. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	It's Wednesday and this is the Ramsey Call of the Day.
0:03.7	Part of the Ramsey Network.
0:06.4	Joining me today is Ramsey Personality, Chris Hogan.
0:10.3	Anthony is in Kansas City.
0:11.9	Hi, Anthony.
0:12.5	Welcome to the Dave Ramsey Show.
0:14.8	How you doing?
0:15.9	Great.
0:16.3	How can I help?
0:18.5	I have about a half million dollars in my checking account, and I have had it in there for a
0:24.1	couple of years. I'm trying to figure out exactly what to do with it. My plan wants to use it
0:28.5	for real estate, but the real estate market's got me a little spooked right now. Why?
0:35.3	We live in a college, or close to a college town, and the market there, they've built so many brand new complexes in the last 10 years.
0:46.3	And then nobody's going to college. Okay. I'm with you.
0:48.8	Exactly. The enrollment rates are going down, you know, so I'm a little bit leery of that.
0:54.7	So what town are you in?
0:57.1	I'm Manhattan, Kansas.
0:58.7	Yeah.
0:59.0	Okay.
1:00.1	All right.
1:00.6	So you're far enough away from Kansas City that you're probably not investing in Kansas City, right?
1:06.3	Correct.
	...

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