The Ramsey Show - App - How Do We Clean Out a House That Had a Meth Lab? (Hour 2)

Episode Date: June 22, 2021

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Music Music Music Music Music Music Live from the headquarters of Ramsey Solutions, broadcasting from the Dollar Car Rental Studios, it's the Ramsey Show, where debt is dumb, cash is king, and the paid-off home market has taken the place of the BMW

as the status symbol of choice. I'm Dave Ramsey, your host. Thank you for joining us. Christy Wright, Ramsey personality, is my co-host. Open phones at 888-825-5225. That's 888-825-5225. James is with us to start off this hour. James is in Wilmington, North Carolina.

Hi, James. How are you? Hi, Dave. Good. Your Wilmington, North Carolina. Hi, James. How are you? Hi, Dave. Good. Yourself? Better than I deserve. What's up?

Awesome. So I was curious. I'm 38, married, and my 401 is about a little over $600,000, and I didn't know if I should borrow from it to pay off my house and or car. No. No. Okay.

I would stop adding to it. Stop adding to it? Temporarily, until you get your car paid off. Even if the company matches? Even if the company matches. You need to get your car paid off. How much do you own your car? Just bought it, so $32, to 32 and you borrowed all of that with that yes do you have any money no i haven't borrowed it i

haven't borrowed it uh i thought you said borrow against your 401k to pay off your car if i should borrow against my 401 to pay it off yeah so. So do you owe money on your car? Yes, $32,000. $32,000. You borrowed money on the car. That's what I was talking about. So how much money do you have? I have about $3,000 in savings and $10,000 for like an emergency.

Mm-hmm. Okay. Well, James, we teach a process that is the shortest distance between where you are and wealth. You've done an extremely good job with your investing. You've done a very poor job with some of the other areas of your money. So you're way ahead on investing and you're way behind on some of the other things. Your goal should be to be debt-free, not counting your house, and have an emergency fund of three to six months of expenses before you start investing.

So we're temporarily going to stop investing, temporarily. I want you to hold $1,000 back as a beginner starter emergency fund, and I want you to throw everything else at the car. What do you make um my base salary is 71.5 but with overtime usually about 90 a year okay so how quick if we throw ten thousand dollars at this car or uh twelve thousand dollars at this car how quickly are you uh gonna knock out the other 20,000? Like six months? Yeah, possibly, yeah. It depends on my wife's business, too.

Okay, good. Oh, I'm sorry. I didn't ask what she made, but what does she make? She pays herself $12,000 for her base salary, and then it's just all the clients, her practice fees, so it kind of varies. Roughly, what does she make a year, taxable income? Oh, I have no idea. More than me. More than 90?

Yes. Okay, yeah, then you should pay off the car within a month or two or three, something like that. And then you need to baby step three, build an emergency fund of three to six months of expenses, and then you would start putting 15% of your income away towards retirement. That's baby step four. Five is start saving for kids' college if that's applicable in your situation.

And six is we begin to any other money beyond 15% of your income that you can find, any other money you can get your hands on, I would get the house paid off early. And that walks you right up what we call our baby steps. They're outlined in my best-selling book called The Total Money Makeover. I'll give you a copy of it. Hold on. Kelly will pick up and we'll send you a copy of The Total Money Makeover. It shows you exactly how to work the baby steps, exactly what to do.

Sarah is in Tennessee. Hi, Sarah. Your question for Christy and me. All right. So I am 16 years old. I just graduated high school. Sarah is in Tennessee. Hi, Sarah. Your question for Christy and me. All right. So I am 16 years old. I just graduated high school, and I want to start my own photography business. Hopefully, they end at the beginning of next year.

And I was wondering how much money should I take and spend towards starting my business up? Sarah, that's awesome. You're 16 and just graduated? Yeah. Okay. Well, congratulations. That's amazing. Early.

So you're like one of those smart kids. One of those go-getters. That's awesome. That's awesome. Well, let me ask you a couple really basic questions because this is not super complicated. It doesn't have to be. Do you have a camera? Yeah, I do.

Okay. But I'm going to need to upgrade it. So I was just wondering what's a reasonable amount of money to spend towards all upgrading and stuff. Well, do you know Photoshop, lighting? Do you know the basics of how to take photos? You know the basics, how to work it? Okay.

Yeah. Here's what I want you to do, Sarah. You can start your business now with the camera that you have. Jeremy Cowart, who is one of the world-renowned photographers, started with a three-megapixel digital camera that was like $100. You can start with what you have and use the cash that you get from these photo sessions to save for a better camera. But you don't need to have that upfront cost to get your business started.

Because you have a camera that works and you know how to use it you can use that now and then just set aside a percentage of your money decide what that is you probably don't have any expenses except most of it if you want and save up and get you a better camera but i don't want you to feel like you have to wait uh to have a better camera to start you can start right now with what you have way to go that's awesome what's your long-term plan? What do you want to be doing when you're 29? Photography, hopefully. Okay.

So you're just going to continue to build this business and study photography and build it and study photography and build it? Yeah. Good for you. Hey, Sarah, I would love to send you a copy of my book, Business Boutique. It's a real easy read. You can even skip around if you don't want to read the whole thing. But one of the things I talk about in the book that's super important for you is word of mouth marketing. Because a photography business is a referral based businesses. People want to get photos from someone that took their friend's photos and did a

good job. So stay on the line and Kelly can send you a copy of my book and you can check out, learn a little bit about how to incentivize that, activate your customers to talk about your business for you to get even more clients to grow your business. But well done. That's awesome. That's really, really cool. She graduated from high school a year and a half early. It doesn't have to be an easy read.

She can handle it. No, she's going to make this thing fly. She can handle your book. She can handle any book I wrote. She can handle it. She's going to make it fly. This one's going to be okay. She's driven.

So, yeah. Sarah, the only other thing I would add is just be a continual learner because I can promise you in the last 10 years, the photography world has changed to the technology world. It's moved dramatically in 10 years to the point that most of us carry around in the version of our cell phone a camera that is much nicer than professional photographers used 10 years ago. And the little three-eyed iPhone is a beast of a camera. And so is the Google phones and all these things. The cameras that these things have in them are ridiculous. So stay on top of the technology. Stay on top of photography.

Continue to take classes. Be an apprentice, shadow people, hang out in photography groups where you can learn. And that's just amazing. Jeremy started with a three megapixel? Yep. I did not know that. For like years, like a long time.

Yeah. Well, I know he was cheap. But oh my gosh. He's a friend of ours. He's a wonderful guy. That's just too funny. I did not know that part of his story, though. That's amazing.

This is The Ramsey Show. Imagine a world where people never have to worry about money ever again. At Ramsey Solutions, our mission is to teach people how to get out of debt and build lasting wealth. And if that means we have to take on the toxic money culture that says you need debt to get ahead, then we're okay with that. We've seen millions of lives changed, and we will continue to create digital products and services to help people transform their lives. If you want to join our 1,000-member team on this crusade, we're currently on the hunt for software engineers with expertise in Ruby on Rails, Java, C Sharp, and front-end technologies. Or if you're a UX designer or an SEO and content marketing specialist, we'd love to talk with you. Together, we will disrupt the toxic money culture in America.

Find out about all the available jobs by texting CAREERS to 33789. Text CAREERS to 33789 to find out about all our open opportunities. Christy Wright, Ramsey Personality, is my co-host today. I'm Dave Ramsey. This is the Ramsey Show. Our question of the day comes from Blinds.com. They have a 100% satisfaction guarantee. I love this guarantee. I love this company.

These are great guys. It means even if you mismeasure, if you mess up, if you pick the wrong color, they'll remake your window blind for free. Wow. You get free samples, free shipping, and with the new promos they run every month, you'll save even more. Use the promo code RAMSY to get the best possible deal. Today's question comes from Karen in Montana. I work from home full-time and will be selling my car to pay down debt. We will be a one-car household for about six months

until we can pay cash for a replacement. We are currently in a rural part of Montana due to my fiancé traveling for work and there are no towns within walking distance. What are some side hustles I can do remotely? I like this question. I'll tell you, my answer for Karen is really for any of you within walking distance. What are some side hustles I can do remotely? I like this question. I'll tell you my answer for Karen is really for any of you that are listening right now and you want some extra money to pay down debt

or reach your financial goals. My advice is to start with what you have, your skills, your strengths, and your stuff. Your skills would be your education, your experience, credentials, certifications, anything you know and are trained to do, that knowledge that you have. Your strengths are maybe things you're just really good at, but you've never been officially trained in it. So, man, you're a really great singer. You could be a vocal coach or you're a really great painter.

You could paint, sell paintings on Etsy, whatever that looks like. And then your stuff. Do you have a computer? You can write a sewing machine. You can sew a swimming pool. You can teach some lessons. When you start with what you have, you make it so much easier on yourself to win and make money faster. So my advice to you, Karen in Montana, even though it is a rural part of Montana,

if you start with what you have and you structure your business online, whether that's online selling products and services through Etsy or social media or a different platform, or online through service-based business, coaching, consulting, something like that, you can make money from home and you're not limited to a specific retail storefront. You're not limited to foot traffic, that type of thing. It just opens up options for you. Start with what you have, your skills,

your strengths, your stuff, and that will give you direction on what a business idea that would be good for you in your specific situation. My friend Dan Miller, who wrote a bestselling book many years ago called 48 Days to the Work You Love, he always said, gather a bouquet of flowers from those that are within reach. Start with what you have, what you're saying. And that makes a lot of sense. I'm amazed that the number of people that play the piano well and forget they can give piano lessons or that, you know, instead we have to go reinvent the moon somewhere. Online tutoring is whoo.

Yeah, virtual assistant. If you are, you know you know online bookkeeping uh it's amazing what you can do remotely uh that's just task-based right just simple task-based things so i don't know we don't know what her career field is she didn't say but yeah that that's really that really is the key what christy was saying, is to gather the bouquet of flowers from those that are within reach. What do you have? Skills, stuff. What was the third one?

Strengths. And strengths that you can use. That's really good. Dan is in Portland, Oregon. Hi, Dan. Welcome to the Ramsey Show. Hi, Dave. Thank you, Christy, for taking my call.

I live in a nice condo complex in Portland, and I sit on the HOA board. About three years ago, we had a stepdad who was kind of a prominent attorney in the area, decided to buy one of the condos for his two stepdaughters, who shortly thereafter decided to turn the condo into a meth lab. Oh, God. So basically what occurred is about two months before Hazmat and the drug interdiction team raided the location, stepdad did a quick claim deed handing it over to the two stepdaughters.

So now since then, the unit's been closed up. We had the locks changed on it. Chasmat took the toxic chemicals out of the location. However, they left everything else in there. All the garbage, the needles, the syringes. I've got the pictures. It's horrific on the inside of this condo, and they're nice condos. So we've been trying to figure out how do we go about trying to get this unit cleaned up. Do we take it out of our HOA funds and clean it up and put it under a lien? Can you go back on a quick claim deed and challenge it. Currently, the courts are backed up on foreclosures and putting it up for auction.

So we fear it's another year or two before it'll even come up for auction. We don't want to let this unit sit and draw rats and any other vermin that may come in. It's about $10,000 owned in the property taxes, $6,000 in the HOA fees that we have a lien on. But we can't get the state or the city to come in and clean it up. Do you have any idea what's owed on the condo? The SCEPYID paid cash for it.

Okay, and the two brats are in jail? Not to be found. They gone where are they i mean we need to find nobody nobody knows nobody knows so we've had our attorney try to locate him and can't be found so talk to stepdad um we have not talked to stepdad because he did the quick claim deed. That's why I'm asking. No, I'm just trying to find them. I just want to make them an offer and buy the condo. So we could go to them and say we'll buy it for $20,000.

Yeah, we'll give you money. And you'd have to get the – I don't know if the condo association is authorized to do that with condo fees i doubt it uh you're not exactly authorized to you're not you're a non-profit you're not authorized to do investing on behalf of the hoa uh right but but um dude something you gotta do something how what's the condo worth if it didn't have all this crap going on so i bought my condo three years ago for $225,000 and now they're going for over $300,000. So scratch around, find somebody who's got $40,000 and find these brats and offer them $40,000

and let the investor clean the mess up. You don't own the condo. I mean, you're going to have to contact the attorney that represents your HOA, but in my opinion, you don't need to be going in that thing at all unless you have HOA documents that allow you to break and enter and clean up a mess and put a lien against it on the behalf of the HOA. You could get yourself in a real mess here. Plus, it's dangerous.

You don't want to. You don't want to mess with a dadgum meth lab, man. That's an explosion looking for a place to happen. Exactly, man. That's an explosion looking for a place to happen. Exactly. Exactly. And even though they took the toxic chemicals out, they left all the garbage and everything that they... Let me tell you, if they baked

meth in there, the toxic chemicals are not gone. They're in the wall. Right. You're going to have to strip that thing down. Somebody's going to strip that thing down to the studs. If it was a house out in the country, we would throw dynamite in the middle of it and call the fire department let them practice on it right it's a disaster to get that mess out of there the fumes go into everything it's baked into the walls now it's a problem man i mean somebody but if you can buy it for 50 grand

spend another 100 on it you're still in there way under as an investor if you know how to do the recidivism work on the thing. That's not what it's called. But anyway, clean the mess up. And I'm talking about the baked-in mess. It's like, man, it's almost as bad as cat smell. I mean, it's almost impossible to get it out of there. So, yeah, you got, wow. I would hesitate to start acting on behalf of the

hoa without legal counsel right right and we're trying to figure this out how do we get this thing cleaned up rather than let it sit yeah i think you asked your lawyer about that uh but in the meantime for on a practical level if you can get the ownership transferred and get an investor to come in and clean the mess and do the full hazmat strip down on a meth lab, good God. And, yeah, it's, I mean, these people die because the whole house explodes sometimes. Is there liability on the condos on either side? It's potential. I mean, the HOA, you know, the HOA would have structural insurance on all the condos. But, yeah, it's a problem.

Yeah. So I would be looking for the brats and offer them some money with an investor in tow and let that investor come in and clean the mess up. And or, meantime, I'd be checking with my lawyer that represents the HOA. You need legal counsel on this HOA. Be careful, because everything you walk in there and touch, I have no idea what you're getting into. It's dangerous stuff. This is The Ramsey Show. We'll be right back. Christy Wright, Ramsey Personality, is my co-host today.

Corey is on the line in Fargo, North Dakota. Says on my screen, Corey, you're debt-free. Way to go! Thank you, Dave. It's an honor to talk to you. You too. How much did you pay off? $55,000.

Awesome. 5-5 or 6-5? 55. 55,000. And how 5'5 or 6'5? 55. 55,000. And how long did that take? 16 months. Good for you. And your range of income during that time?

$55,000 a year. Okay. What do you do for a living? I'm a parts guy at a Ford dealership. Say that again? I'm a parts guy at a Fordd dealer parts guy what does parts guy mean oh you work in the parts department at the ford dealer yep okay okay that's okay good for you man your phone's kind of breaking up we're having trouble hearing you but that's okay good for

you man so what kind of debt was the 55 000 Dave. It was a truck loan, credit card, medical debt, like you name it, student loans. Good for you. Wow. So how old are you? I'm 31. Okay. You're single? Now I am. uh now i am okay all right so you had all this debt and you're 31 years old and 16 months ago what happened that inspired you to get out of debt um i started a divorce that my wife had taken care of the finances all the time and i didn't realize what kind of trouble we were in until uh it all started raining down so you ended up with all the debt or just part of the debt from the divorce? Just part of it. And I decided that it was a time for a change, and I was led to you by my sister who gifted me a total money makeover.

My goodness. Well, way to go. And 16 months later, because it's all up to you, you just decide you're going to live on nothing and knock this out. You worked the plan. Yeah, I worked your plan. I sold my truck, bought something with cash, and just got to it. I found everything I could get rid of, got rid of it.

And, yeah, it truly changes your life. Yeah. Way to go. I'm so proud of you. How much did you sell the truck for? I ended up with $8,000 in equity that I just bought a new truck with. It was $26,000. It was a 2016 F-150.

It was my dream truck. I was going to say, did you cry a little when that one left? That was emotionally the hardest thing to do because as a guy, your truck is your identity. Well, and you're at a Ford dealer, and you're in Fargo, North Dakota. I mean, there's a lot going on here. There's a lot working against you there. Way to go, man.

I'm proud of you. That was very brave. Yeah. Very brave. Good stuff. So how does it feel, especially with everything you've gone through, Corey, in the last few years, like to now be debt-free, and you've got a clean slate and a fresh start, debt-free? How does it feel?

It feels great. Like, just I feel like I could tackle a lot of different goals right now, and I plan on doing that. Yeah. Wow. Good for you. It's going to make a better life for me and my kids. What do you tell people the key to getting out of debt is?

Just don't let your emotions get in your way and make a plan and stick to it will you ever go back in debt now uh no no i won't all right well way to go cory very very proud of you congratulations i'm sorry you went through all this trouble at home with the divorce and the whole process, but I'm very proud that you cleaned this mess up and you've got yourself a clean slate to start forward with. You can save up and buy a move back up and truck as you go along. You're going to be just fine. You're going to make a lot of money in your life.

Very, very proud of you. We've got a copy of the legacy journey for you to say congratulations. That's your next chapter in your story to completely reset your legacy and then uh of course another copy of the total money makeover for you to give to someone like someone gave it to you and you can pay it forward because other people are going to be asking you how'd you do that right so good stuff man good stuff all right cory in fargo north dakota fifty five thousand dollars paid off in 16 months, making $55,000.

Count it down. Let's hear a debt-free scream. Three, two, one. I'm debt-free! Yeah! There you go. Way to go, dude. Excellent job.

Very, very well done. Very well done. Lee is with us in Ohio. Hi, Lee. Welcome to the Ramsey Show. Hi. Hi. I just have a quick question about refinancing my house.

Okay. We are currently on an FHA 30-year with 5.25%. We have 28 years left. And then last year we found you, and we became debt-free. We have our emergency fund, and we're on Baby Step 6. Way to go. Wow. Good for you. What do you owe on the house?

$119. Okay. And for you. What do you owe on the house? $119. Okay. And are you planning to stay there? Yes. Good for you. Yes, you need to refinance. Is your credit bad? Oh, there's nothing on our credit.

Good. Okay. Get in touch with Churchill Mortgage. What's the house worth, do you think? About $150. We got a thing from our mortgage company today and they kind of did some quick numbers and told us that they could refinance our house to do an 18 year fixed rate at 2.99 percent 18? Why not 15? I have no idea.

It sounds like that's an FHA as well, is it? Yeah, she said it was an FHA streamlined because you don't qualify for the conventional. Who doesn't qualify for the conventional? We don't. Why? Because we own our own business, and we have not been in business for two years, and they need two years of tax returns. She would be correct. Okay.

The streamline does limit the difference in years. It does not allow you to drop down more than so many years. That's why they're giving you the 18 years. There's guidelines on that. You still probably will have PMI with the a streamline and it's a little bit higher interest rate should be zero closing costs though is that what they quoted you correct yeah could she wait could she wait to do it until after she's been in business a couple years would it be yeah but i wouldn't because the five percent's so stinking high and we're dropping at two percent saving

two thousand dollars a year and we're knocking 10 years off right immediately plus you can yeah i'm doing this it doesn't take any money and it's a cheaper rate and it's a lesser year number of years uh you you may even end up refinancing it again later if rates stay down but i doubt it i think you'll probably just pay this one off okay yeah i think they've i think they offered you a good deal. Usually a streamline is higher. This is also a very small loan. A lot of mortgage companies don't want to write a loan this small.

So a streamline is usually a higher interest rate than market. This is higher, but it's only slightly higher. That's not a bad rate at all. Yeah, I'm taking that deal if I'm in your shoes. No closing costs. You know, you immediately are saving two and a quarter two and three quarter percent and you're dropping down 10 years and you can pay early on it there's nothing that keeps you from doing that the only downside is you're probably still going to have the the mip on it the mortgage insurance premium

so i think that's still going to be with you wow that's a good deal yeah so the streamline is fha to fha it's an fha program it's not really um that allows mortgage companies to do this and the reason there's no closing costs is the interest rate is slightly higher and they make their money off of that difference and that covers the closing costs okay Okay. They can sell the loan at a premium because the interest rate is at a premium. Okay.

They can flip that loan back out of that bank and make more on it extra because of the slightly higher interest rate than the closing costs and then some. Yeah.

So it's not a bad deal for her at all, though. Yeah. It's just the same. Yeah. Just the same. It's worth doing and getting out of that

higher interest rate loan and taking advantage of that even with the baby business you got there. Good stuff. Christy Wright, Ramsey Personality, is my co-host. This is The Ramsey Show. Thank you. Well, if you've been paying attention to the real estate market, you've noticed competition between buyers out there. It's pretty intense. Inventory is really low, and it's driving prices up pretty dramatically.

When inventory is low, it simply means there are more buyers buying than sellers selling, and it turns the pressure up for everyone. Buyers want to snag the right house. Sellers want the right offer. This is not a time to play amateur hour, guys. Low inventory is a big deal, and to win in this market, you need a pro by your side. That's why we find, vet, and endorse top real estate agents across the country called endorsed local providers to help you buy or sell. Our agents have years of industry success and refuse to compromise your financial goals,

no matter how tough the competition is. They're going to keep you in line with common sense. You can instantly connect with an endorsed local provider in your area go to ramsey solutions.com slash agent you can find a ramsey trusted agent near you ramsey solutions.com slash agent tracy is with us in memphis hi tracy how are you hi dave i'm doing well how are you better than, Dave. I'm doing well. How are you? Better than I deserve. What's up? My husband and I have a rental property in South Carolina that we would like to sell.

It currently has renters in it. Their lease is up in December. And our property manager is telling us that due to COVID, the renters do not have to let anyone into the home. So for a personal health issue, they have decided they don't want anyone in the house, not even to take pictures so we can post it online. So my husband and I were thinking about talking to some of these investment groups that keep calling and want to buy our house but we were hoping to get some wisdom on that situation before we started it because we haven't done this we never sold a home period so i think i would go to an endorsed local provider like i was just talking about at ramsey solutions and find one of those in their areas. I don't know anything about the current status of COVID restrictions in South Carolina,

but I'm calling BS. I was going to say, is that even legal? Like, can they even do that? Does your lease not have the right to inspect the property? I would have to read it. I think you have a wuss for a property manager okay but i do have the spiritual gift of cynicism so uh i might be wrong okay but i'm first calling that because i'm kind of like old school like if i own a house i'd like to go in at any time i want within reason they have the right under the law of what's called quiet enjoyment, meaning I don't get

to arrest them. But for them to stiff arm you, call COVID when there's not really a COVID problem at their house, I'm just thinking this is a bunch of crap. So I think your ELP, a good real estate agent who would have an incentive to help you sell the house, could probably give you more accurate information. You may need to fire your property manager okay i just i that would make me frustrated yeah i'm approaching approaching angry yeah approaching angry you're you're a little more gentle this hour you know well i mean it would i'm just trying to think i mean i wouldn't now if they've got a sick child or the the person's in chemo or something then i'm gonna

have a lot of compassion and i'll back off of that stance but if they're just being butts and using covid to be a butt then i can help you with your butt problem you know i'll remove your butt right and so that's that's a possibility uh i it just doesn't make sense i i now it could be south carolina has some crazy butt you're sticking with the theme here we're just staying with it yeah uh but uh uh uh regulation on the books right it's possible yeah but i mean we we most places had like moratoriums on eviction last summer for a while. Some areas have got more lengthy moratoriums on eviction. We had one in our area that lasted for, I don't know, 90 days or something. And I had one tenant go crazy, start beating his wife and all this.

She had to leave. I had to get him out of there because I don't deal with people like that very well. I don't have any tolerance for that kind of white trash. And so it's's expensive house but anyway they they i couldn't get him out because of stinking covet moratorium on evicting people uh but it had nothing to do with covet it had to do with who's an idiot right so uh but anyway still idiots were protected too under it so uh but the that's that's the kind of stuff runs through my head tracy as a landlord for 30 years that uh first and foremost now again i'm also the other side of that is is if someone is in need we have the ability to be very compassionate and very

slow and i'm certainly not trying to bring harm to someone on the other hand so i need more information about why these people are stiff-arming you if i'm you and i need more information about this law and i'm going to check with an elp and find that out because i think your property manager is full of crap i could be wrong now you people from south carolina y'all can all write me right now and go oh there's a law dave you don't know what you're talking about because i don't know what i'm talking about i'm just saying it just smells like tenant misbehavior not covid related so yeah is there any element of the property manager has no motivation because they want to continue to manage the property yeah yeah or they're or they're one of these companies that doesn't want to ruffle any feathers which really you shouldn't be in

property management if you don't want to ruffle feathers. Because it's kind of like the definition of property management. You ruffle feathers for a living. You collect rent and you move renters along that don't. You know, and this is what you do, right? This is the feather ruffling business, right? I feel like you're in a similar business, Dave. You just ruffle feathers on the show all day, every day. I just cause a ruckus.

All right, we're just going to start that. That's our new thing. Everybody do your fingers. Okay. Oh, the YouTube people are the only ones understanding what we're talking about oh my gosh yeah the uh yeah i just cause a ruckus but i um no i don't think you have to give the house away my first step is not to give it away at wholesale to an investor who doesn't even need to see the inside because what they're going to do is buy the house as cheap as they can to cover the fact that they don't know what's inside, what they're getting into.

Are these people in there running a crack house and, you know, they're going to burn the thing down? Or are they in there? They got 73 cats and you're going to strip out the plywood all the way down to the joists because there's no getting a cat smell out of a property. And so that kind of stuff. I mean, what have you got in there? What's going on in there that they don't want you in there? Or are they just trying to be hard to get along with because, you know. But there's a limited thing depending on what your lease says

and depending on what South Carolina actually has as a regulation. But I think you're on to something with the property manager. I really do. Oh, shucks. They won't let us in sorry anyway you see okay you remember all those nine million times people out there that i tell you don't do long distance landlording i've never heard you say that don't do long distance landlording remember that that's it right there that's why every day he says it every day everyone every time someone calls with the house out of town i say don't do it that's it. Right there. That's why. He says it every day. Okay. He says it every day, everyone. Every time someone calls with a house out of town, I say don't do it. That's it. That's the reason right there.

I don't know how Tracy got in this mess. Bless her heart. She's a sweet lady. And those folk that are living there are lucky they have Tracy. Yeah. Because I'm not as compassionate. You're not Tracy. Unless I need to be compassionate.

And then I can be compassionate. But I'm just not going to be. Well, and there's an element, too, of this, aside from even if they do letter in there, stuff you've got to do to get the house ready to sell, not just take pictures. You've got to make it look presentable for the pictures. Well, you can't go in and start rehabbing a house with a tenant in there. That's not legal. You have to wait until they leave to get it ready.

But for them to give you zero access, not in most states. Now, maybe in the Socialist Republic of California or something like that, it's possible there, or maybe one of these other areas where the laws are just wacky. But most states have reasonable tenant protections and reasonable owner landlord protections. And there's a way that the law interfaces to create a fair transaction, a fair justice and mercy can be both implemented there in a way where, yes, compassion is available, but not if you're just misbehaving. Within reason.

Well, hopefully an ELP will help her, and then she can get it sold and not have this long-distance rental and not have to deal with it anymore. There we go. She said she's getting it on the market in December, but this is June. Oh, yeah. It's a bit of a waste. Got to walk.

Yeah, I'm wondering if there's – I'll start to get – Yeah, that's good. I think we got her on the run there. That's good. That puts this hour her on the run there. That's good. That puts this hour of the Ramsey Show in the books. Christy Wright, my co-host this hour. I am Dave Ramsey Show.

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