Kick your down payment savings into high-gear with our FREE 5-part email series. | Dave Ramsey
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Kick your down payment savings into high-gear with our FREE 5-par…
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Jeremy has almost $300,000 in student loans, and he’s wondering if he should buy rental properties as an investment. He called in to The Ramsey Show for advice. #moneytok #moneyadvice #rentalproperty #studentloandebt
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Jeremy has almost $300,000 in student loans, and he’s wonderin…
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Jayden is living in a van with his fiancée and his dog. He just got a new job with a big raise, and he called The Ramsey Show to ask about when to buy a house. #moneyadvice #relationshipadvice #firsttimehomebuyer #rent #vanlife
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Jayden is living in a van with his fiancée and his dog. He just got a …
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A rental property can be a great source of extra income, but it isn't passive. You've got to market it and keep up with maintenance and cosmetic updates if you want it to pan out as a source of income. It takes time and effort to decide how you'll rent out the property and how to manage it—unless you hire a property management company, but you'll still have to manage them. It's a good idea to buy a property somewhere that's convenient for you to visit so you can personally keep an eye on it. #re
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Short-term renting is not a problem. Long-term renting is a problem. The property that you’re living in is going to go up in value in the next 10 years substantially, and the landlord is going to benefit from that, not you. Your largest line item in your budget is housing, and you have stabilized it into the future when you buy. You’re locking it in. By not locking it in, you’re 100% guaranteed that your largest line item is going to go up when you’re a permanent renter. So you’re always paying
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Homeownership should be a blessing, not a burden.🏠 If you approach it the right way, your home can build outrageous wealth that leaves a legacy for generations. That’s why @Dave Ramsey wrote his new quick read, “Real Estate the Ramsey Way.” In just 70 pages, he walks through decades of experience in buying, selling, and investing in real estate. 🔗Get your copy at the link in our bio! #homeowner #homeownership #realestate #realestateinvesting #realestatetiktok #moneytok
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475K views · 3.3K reactions | Laurie called into The Ramsey Show wondering if she should rent a basement suite or buy a mobile home. Rachel and Jade tell her that buying a mobile home isn't a great choice because it goes down in value, whereas if she would rent, she would be able to save money to one day afford something more permanent. Renting is not "throwing away money," as some like to say. You're paying for a place to live while you save for a home to buy. | The Ramsey Show | Facebook
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