Ken Coleman

So for anybody over the age of 50, slide into their DMs just means send them a direct message on social media. We got to explain things like that. That's correct, Ken. You're right. I'm looking out for my people out there.

So for anybody over the age of 50, slide into their DMs just means send them a direct message on social media. We got to explain things like that. That's correct, Ken. You're right. I'm looking out for my people out there.

We need that.

We need that.

We need that.

How much do you owe on that first house, the one that you're getting ready to rent?

How much do you owe on that first house, the one that you're getting ready to rent?

How much do you owe on that first house, the one that you're getting ready to rent?

Yeah, same way. I mean, to really burst your bubble, that rental opportunity is not as exciting as you think it is. Yeah, I agree. And it's also not going to be as effective as you think it is. Let's take the $2,000 a month that you're saying you're going to get in profit. Well, that's not what you're actually going to net when you talk about expenses of taking care of the home.

Yeah, same way. I mean, to really burst your bubble, that rental opportunity is not as exciting as you think it is. Yeah, I agree. And it's also not going to be as effective as you think it is. Let's take the $2,000 a month that you're saying you're going to get in profit. Well, that's not what you're actually going to net when you talk about expenses of taking care of the home.

Yeah, same way. I mean, to really burst your bubble, that rental opportunity is not as exciting as you think it is. Yeah, I agree. And it's also not going to be as effective as you think it is. Let's take the $2,000 a month that you're saying you're going to get in profit. Well, that's not what you're actually going to net when you talk about expenses of taking care of the home.

You're the landlord on that deal. You still own it. You're going to have expenses. You're not going to see $2,000 a month.

You're the landlord on that deal. You still own it. You're going to have expenses. You're not going to see $2,000 a month.

You're the landlord on that deal. You still own it. You're going to have expenses. You're not going to see $2,000 a month.

Yeah. And so you're going, well, I'll take that and then I'll put it on my new mortgage. I just don't think you're going to make the progress that you want. And so, yeah, I'm seeing it the same way you are, Jade. I go, all of a sudden you've made yourself a landlord and you've taken on a really, really high mortgage. Now, you make good money. Yes.

Yeah. And so you're going, well, I'll take that and then I'll put it on my new mortgage. I just don't think you're going to make the progress that you want. And so, yeah, I'm seeing it the same way you are, Jade. I go, all of a sudden you've made yourself a landlord and you've taken on a really, really high mortgage. Now, you make good money. Yes.

Yeah. And so you're going, well, I'll take that and then I'll put it on my new mortgage. I just don't think you're going to make the progress that you want. And so, yeah, I'm seeing it the same way you are, Jade. I go, all of a sudden you've made yourself a landlord and you've taken on a really, really high mortgage. Now, you make good money. Yes.

You make great money, so you shouldn't be in a burden there. But what's the point of keeping the first house when you could sell it and put a huge chunk and almost completely cover or get yourself really close to be able to pay that new house down pretty quickly? And that would be the play for me.

You make great money, so you shouldn't be in a burden there. But what's the point of keeping the first house when you could sell it and put a huge chunk and almost completely cover or get yourself really close to be able to pay that new house down pretty quickly? And that would be the play for me.

You make great money, so you shouldn't be in a burden there. But what's the point of keeping the first house when you could sell it and put a huge chunk and almost completely cover or get yourself really close to be able to pay that new house down pretty quickly? And that would be the play for me.