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Appearances Over Time

Podcast Appearances

The Ramsey Show
Good Intentions Aren’t Enough—Be Intentional With Your Money

I mean, you ain't got time to do nothing.

The Ramsey Show
Good Intentions Aren’t Enough—Be Intentional With Your Money

So...

The Ramsey Show
Good Intentions Aren’t Enough—Be Intentional With Your Money

I don't know that you have the bandwidth to add another one on your personal, number one.

The Ramsey Show
Good Intentions Aren’t Enough—Be Intentional With Your Money

Number two, the risk with Airbnbs is, as you probably know, and I don't know where it stands in Providence and Rhode Island, but many HOAs, many neighborhoods, many entire municipalities are passing zoning to stop it.

The Ramsey Show
Good Intentions Aren’t Enough—Be Intentional With Your Money

Because they're disruptive to the neighborhood.

The Ramsey Show
Good Intentions Aren’t Enough—Be Intentional With Your Money

And so I know a lot of people that have lost the ability to run an Airbnb on a property they bought for an Airbnb.

The Ramsey Show
Good Intentions Aren’t Enough—Be Intentional With Your Money

And in a historic setting, that's very possible.

The Ramsey Show
Good Intentions Aren’t Enough—Be Intentional With Your Money

It's the oldest mall in America where there's retail on the first floor, and the second and third floor was repurposed to Airbnb.

The Ramsey Show
Good Intentions Aren’t Enough—Be Intentional With Your Money

Okay.

The Ramsey Show
Good Intentions Aren’t Enough—Be Intentional With Your Money

So that means the risk of them rezoning it and keeping you from doing it is less?

The Ramsey Show
Good Intentions Aren’t Enough—Be Intentional With Your Money

No, they're already got residential in there.

The Ramsey Show
Good Intentions Aren’t Enough—Be Intentional With Your Money

It's just a matter of whether it's nightly rental residential because it's a hotel in a sense.

The Ramsey Show
Good Intentions Aren’t Enough—Be Intentional With Your Money

So I don't know.

The Ramsey Show
Good Intentions Aren’t Enough—Be Intentional With Your Money

You're doing some things I don't want to do, and I don't recommend people do things I don't want to do.

The Ramsey Show
Good Intentions Aren’t Enough—Be Intentional With Your Money

So number one thing you're doing is you're buying property with someone you're not married to.

The Ramsey Show
Good Intentions Aren’t Enough—Be Intentional With Your Money

Very dangerous.

The Ramsey Show
Good Intentions Aren’t Enough—Be Intentional With Your Money

Number two, you're going in debt to do it.

The Ramsey Show
Good Intentions Aren’t Enough—Be Intentional With Your Money

Very dangerous.

The Ramsey Show
Good Intentions Aren’t Enough—Be Intentional With Your Money

Number three, you have a high risk business model that's dependent upon someone else called Airbnb.

The Ramsey Show
Good Intentions Aren’t Enough—Be Intentional With Your Money

Very dangerous.

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