The Dirty Little Secret About Real Estate Rentals (Hour 2)

The Ramsey Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.5 • 38.5K Ratings

🗓️ 5 December 2022

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

Dave Ramsey & Kristina Ellis discuss: Why renting out your house when you move isn't as easy as it sounds, What to do with a student loan "refund" from your servicing company, The timing of changing careers, Budgeting for a business. Support Our Sponsor: PODS Moving & Storage Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET Want a plan for your money? Find out where to start: https://bit.ly/3nInETX Listen to all The Ramsey Network podcasts: https://bit.ly/3GxiXm6 Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0	ea
0:02.6	Live from the headquarters of Ramsey Solutions, broadcasting from the parts moving
0:32.5	in storage studios, it's the Ramsey Show where debt is dumb, cash is king and the paid
0:38.1	off home mortgage has taken the place of the BMW as the status symbol of choice.
0:44.9	I'm Dave Ramsey your host, we help people.
0:48.3	Build wealth, do work that they love and create actual amazing relationships.
0:54.5	Christina Ellis Ramsey Personality Number One bestselling author is my co-host today as
0:59.8	we answer your questions about your life and your money, open phones at AAA 825-5225.
1:07.8	David is with us in Dallas to start off this hour.
1:10.6	Hi David, welcome to the Ramsey Show.
1:12.6	David Ramsey Yes, thank you sir for having me.
1:15.2	David Ramsey Sure, what's up?
1:16.6	David Ramsey Yes, so just quick context.
1:19.1	My wife and I when we were engaged did FPU, that was six years ago, we are now $5,000
1:24.8	away from being debt free, aside from our mortgage.
1:28.8	David Ramsey Yes, thank you, just $5,000 left of my student
1:33.8	loans.
1:34.8	Here's the thing, we're pastors here in Texas, we are moving to Oklahoma to be pastors
1:40.2	of a church there and what's awesome is part of the deal is we have a percentage so
1:44.8	we will not have a mortgage payment there.
1:48.7	And so my ultimate dream is that we are financially independent from the church.
1:55.6	I love the church, I would love to one day not even have to take a paycheck from the church.
	...

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