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The Ramsey Show Highlights

You Suck at This

The Ramsey Show Highlights

Ramsey Network

Business, Investing, Education, Self-improvement

4.5839 Ratings

🗓️ 25 April 2024

⏱️ 8 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

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0:06.5

So I purchased the home in 2022. Right now, I, well, I've made a decision to rent the home.

0:14.3

I'm currently living with my mom and grandmother. The home needed, we need some repairs.

0:24.1

I've put some work into it thus far, but I need about 20 to 25,000 more dollars to complete the repairs to get it rentable. My question is,

0:32.6

Why are you not living in it? Well, because I live with my mom and my grandmother.

0:38.6

My grandmother is 95, so my mom and I are kind of taking care of her together.

0:43.5

And then just joint economics at this point.

0:46.2

I've been with my mom for this long, and it's kind of just works out this way.

0:49.5

You used to live in the house, though.

0:51.6

I didn't.

0:52.2

No, I have not lived in the house.

0:53.5

You've never lived in the house. I've never lived in the house, though? I didn't. No, I have not lived in the house. You've never lived in the house.

0:54.9

I've never lived in the house.

0:57.7

Yeah. So now I have, like I said, I'm, I need about 20 to 25 more.

1:03.5

So you live with your mom because you don't have any money, but you bought a rental house.

1:08.3

No, no, no. I bought the house. I'm paying the mortgage on the house. I know. You bought a rental house. No, no, no. I bought the house. I'm paying the mortgage on the house.

1:11.1

I know.

1:11.4

You bought a rental house.

1:13.6

Yeah.

1:14.6

Yeah.

1:14.9

But you live with your mom for economic reasons.

1:17.9

I didn't have a plan when I bought the house.

...

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