Rachel Cruze
๐ค SpeakerAppearances Over Time
Podcast Appearances
Yeah, and you can get some really crappy houses in Nashville and gut them if you know what you're doing. I mean, that's a whole other business that you have to โ It takes a lot more work.
So that would be the wrong way to do it from Ramsey's standpoint because that's how Dave actually ended up going broke because he borrowed on all these homes. And then you get stuck and you're having to sell it quickly because you're like, oh my gosh, it's a flip and so we're needing to make a profit and you end up selling it for not as much as you want.
So that would be the wrong way to do it from Ramsey's standpoint because that's how Dave actually ended up going broke because he borrowed on all these homes. And then you get stuck and you're having to sell it quickly because you're like, oh my gosh, it's a flip and so we're needing to make a profit and you end up selling it for not as much as you want.
So that would be the wrong way to do it from Ramsey's standpoint because that's how Dave actually ended up going broke because he borrowed on all these homes. And then you get stuck and you're having to sell it quickly because you're like, oh my gosh, it's a flip and so we're needing to make a profit and you end up selling it for not as much as you want.
And then you end up not making the spread that you want and then it ends up going backwards and it's not good. So cash is everything.
And then you end up not making the spread that you want and then it ends up going backwards and it's not good. So cash is everything.
And then you end up not making the spread that you want and then it ends up going backwards and it's not good. So cash is everything.
Right. The intention was good, but the execution was terrible.
Right. The intention was good, but the execution was terrible.
Right. The intention was good, but the execution was terrible.
Do you have any idea where he is financially at all, Sarah? Do you know what he does have?
Do you have any idea where he is financially at all, Sarah? Do you know what he does have?
Do you have any idea where he is financially at all, Sarah? Do you know what he does have?
Sarah, are you married? I am. Okay. How are you and your husband financially? Where are you guys at?
Sarah, are you married? I am. Okay. How are you and your husband financially? Where are you guys at?
Sarah, are you married? I am. Okay. How are you and your husband financially? Where are you guys at?
For sure. And has he approached you with that idea, or is it just you and your husband thinking through, like, gosh, this is an asset that dad has?
For sure. And has he approached you with that idea, or is it just you and your husband thinking through, like, gosh, this is an asset that dad has?
For sure. And has he approached you with that idea, or is it just you and your husband thinking through, like, gosh, this is an asset that dad has?
pretty sore condition and the neighborhood is not the absolute best so thinking of our future and our yeah you may not want to yeah we don't want to so it's sort of a yeah do you do you guys um i'm just thinking out loud here um do you know how fast you guys can get out of debt consumer debt you and your husband we are aiming for december of this year okay Well, be really, really great.