Shannon
👤 SpeakerAppearances Over Time
Podcast Appearances
So we owe about $650,000 on it, and it was being listed for $1.1 million, but with the foundation issue, all the buyers were scared to even take it. So with the rent, we make $1,400 profit a month.
Um, uh, So we applied for permits and we're waiting on that. It can take up to five months. So we've just been working through that the last couple months. How would you pay for it? Exactly. I would have to pull out a HELOC and the whole thing is just a nightmare.
Um, uh, So we applied for permits and we're waiting on that. It can take up to five months. So we've just been working through that the last couple months. How would you pay for it? Exactly. I would have to pull out a HELOC and the whole thing is just a nightmare.
Um, uh, So we applied for permits and we're waiting on that. It can take up to five months. So we've just been working through that the last couple months. How would you pay for it? Exactly. I would have to pull out a HELOC and the whole thing is just a nightmare.
Well, we tried just to give it away for even $950.
Well, we tried just to give it away for even $950.
Well, we tried just to give it away for even $950.
Well, we do owe about $150,000 in solar.
Well, we do owe about $150,000 in solar.
Well, we do owe about $150,000 in solar.
Um, my, well, originally it was, it was my husband's job. He's, he's been in the military forever. So we moved here and anyway, we're staying here. Um, Yeah. Okay. So Shannon shouldn't have bought this house, but yeah.
Um, my, well, originally it was, it was my husband's job. He's, he's been in the military forever. So we moved here and anyway, we're staying here. Um, Yeah. Okay. So Shannon shouldn't have bought this house, but yeah.
Um, my, well, originally it was, it was my husband's job. He's, he's been in the military forever. So we moved here and anyway, we're staying here. Um, Yeah. Okay. So Shannon shouldn't have bought this house, but yeah.
So we bought it for $460,000 and when I just called a realtor, I got a Dave Ramsey realtor and she told me because we bought it just in June that we'd probably with closing costs and everything probably take about a $30,000 loss. Yeah, okay.
So we bought it for $460,000 and when I just called a realtor, I got a Dave Ramsey realtor and she told me because we bought it just in June that we'd probably with closing costs and everything probably take about a $30,000 loss. Yeah, okay.
So we bought it for $460,000 and when I just called a realtor, I got a Dave Ramsey realtor and she told me because we bought it just in June that we'd probably with closing costs and everything probably take about a $30,000 loss. Yeah, okay.
I mean, she's like, I don't know. Based on it, yeah.
I mean, she's like, I don't know. Based on it, yeah.
I mean, she's like, I don't know. Based on it, yeah.
Yeah, so rent here is amazing. Well, relative. So we could get a rent, the same equivalent home for maybe $2,000 or $2,200 a month at the most.