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Glen James

πŸ‘€ Speaker
11746 total appearances
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Podcast Appearances

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

He has been a primary caregiver and working part-time.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

Not sure, but I do know one thing.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

If getting her to quit and be a stay-at-home mum so he can fully concentrate on the business, it ain't going to change it.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

So if we pop up the thing back on the screen, we would have, so at the moment they've got an 800K debt.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

And she would like a mortgage of less than 500.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

That difference isn't big enough to full on – I get it.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

Like, less is better.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

But that's not the problem.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

The problem is an income issue at the top of the funnel.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

So a couple of other, and this is just such rich, um, in things to pick at these questions, um, semi rural in Western Sydney.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

Last time I checked, they put a new frigging airport in Western Sydney.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

10 acres?

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

Like, unless it's a bloody... You're not selling that.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

Oh, but there's like, that could be worth millions.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

I don't know why it's, there's something there.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

We would have roughly 700K over once the mortgage is paid off.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

So they're saying it might only be worth under 2 million.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

But I'm just not knee-jerk reactioning selling the house when this is a business income problem and it's come to a head.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

I'm probably thinking, Johnny, we've done better in the business of commercial property than car manufacturing.

money money money
925 husband wants her to quit, $7m inheritance & feeling broke on $375k

I think it's going to be more of a thing of –