It's called divorce.

@@blackworldtraveler3711 exactly

@@orangeboy97 Yup, sounds like she got rid of the baggage hold the family back.

She probably divorced a wealthy man

@@blackworldtraveler3711 LOL, some people are so unaware. Marriage for a man is the worst deal on Earth today.

Don't thank God, thank yourself! You did the work :) You go!

@@alifloydtv stupid comment.

@@alifloydtv Of course she should thank God first and foremost

And thank her ex husbands for all the child supports...

@@automotivetv9861 for your information Just one ex husband and one kid. I happen to have a really good job.😎so stop being jealous 😂

Yeah I lived and worked around them since the 80s. I heard "you can't take it with you" and "live for today" a lot through the years. A lot of crying now.

did she do right by her husband, what is his reality??? two side to this story, you're only hearing one....

I cannot understand this. All I want is a trailer or a shack on a few dozen acres. I do not understand the pull of the McMansion with no yard in a block of identical copies.

@@TheWaggishAmerican I know a few coworkers doing this here in Oklahoma and we make over $120k a year.

@@alfredneuman7665 what does he have to do with anything? She barely even talked about him. The fact is that she was home with the kids.

If the dishwasher breaks you still have to make that phone call and you still have to be onsite when the person shows up. It literally makes zero difference.

@@husher5142 Gotta disagree here, when I rent I call maintenance and they take care of it. When you own you either fix it yourself or pay for someone to come.

​@@edwinortiz1262 The only thing you would gain from a rental is the ability to pick up and go when you want, be that pay to quit if you are month to month, or in a major disaster scenario, you could pack up and leave in a flood. Otherwise, it is the same outcome. You pay for the repairs either way, whether that's paying into a monthly emergency fund or monthly rent. And if you call maintenance or a plumber direct - that's the same stressor. My opinion anyway - it's a matter of perspective. It seems like less effort to call maintenance, but really it's not.

Maybe she should have tired to fix her marriage....

@@husher5142 Never underestimate the desperation of having bad/loud/violent neighbors

I always wanted to know how it feels to live like the other side lol. I’m always fixing stuff on our rentals and our house. I wouldn’t have if any other way though

I hate having to do home repairs. I miss renting.

@@froggiman1 Then go back to renting?

@@MilesFromExtraordinary Because I don't want to give up my yard and privacy. I can love those things but still hate everything that comes with being a homeowner (taxes, home owners ins, repairs, etc).

I agree.

My thoughts exactly!

Does the landlord keep the rent the same year after year ? Or does he raise it ? I totally understand what you’re saying regarding freedom!

Ok. you have kids. I live in a condo that's paid off and free to move around the world. Just lock up and go. been doing this for years. I do plan to remodel soon but no big deal and paying cash.

Yep I agree, There is pros and cons to owning a house. Just remember you dont need to own a house to build long term wealth. My landlord has not raised the rent in seven years and I take all that extra money and max out my retirement funds. Plus I have like zero stress from not owning. I have owned in the past and I would stress out in a bad rain storm for example, Not no more

Pl

Lovely, wonder how her ex husband is doing ???? two sides to this story

They always forget about that part ! @@alfredneuman7665

Exactly. The nice thing about renting is that there's no long-term commitment. She can try renting, and if she doesn't like it she can buy. There's no reason to rush into buying something if she doesn't want to.

In 2003 My Rent Was $700 Something. I’m Still In The Same Place And The Rent Is $1300,62. A, 9/3/2032

Absolutely!

If she's amazing why is she still single?

“Single mom” is an oxymoron.

@@alexmaaan5242 "still single" implies that she should be married. Is that an absolute truth? Women can definitely be amazing outside the context of male admiration or approval.

Have you heard her ex husbands story? How is he living, does he have to work till he dies for a meager existence because the court system in Illinois drained he assets, retirement, and income... two side to her "success" story, you've only heard one...

Sounds like divorce money.

That is what I was waiting for him to say and he DIDN'T!!!

This was my exact response too. I've lived in a condo before and it's no different than an apartment other than the fact that I could do laundry on my porch. Buy a smaller home and pay someone to do any maintenance you'd need while keeping the freedom to do what ever you want to the house when ever you want to.

Vn

Ya key thing is paying a professional to do those repairs/maintenance. Not sure why she didn’t think of this lol

@@xdeathknight72x That's because you lived in an apartment style condo. Porch? Each condo here has walk in laundry room with sinks and table.. Did you read the bylaws and rules before moving in? What kind of freedom were you prevented from? Were they true condos or apartment that were converted?.....big difference. My condo is an Italian split level 2bed/2bath with two car garage. Part of my condo is a safe room. There are over 30 floor plans from 1500-2400sq.ft..including flats and two story. Gated secure privately owned property,heated pools,two clubhouse,tennis courts,etc.. My other condo is a mid rise beach on an Island cluster in Florida. A true condo.

Yes but her question was specifically about asking about the financial side

Ask her ex husband 😀

@Charles I get your point, and I do want to get my own place really bad but prices on houses are sky high and mortgages plus maintenance fee and tax cost way more than rent here (condominiums)

@Charles I've been living in the same apartment complex for 35 years, management has changed six times, when I first moved here in 1986 my rent was $200 a month, no utilities were included, today, I pay $1150 a month with everything included, if anybody rents from a single landlord, THEY'RE the ones that are idiots, everybody knows it's better and more financially viable to rent in a complex that is owned by a corporation

I do the same I work at different Locations which means a better bet is to rent

Add up all the rent you be paying for 35 years is a lot of money. You could of had a home paid for by now and worth a lot of money. Property taxes would be a lot less then you pay in rent. And someday someday when your retired paying rent could be a problem.

As a proud Chicagoan, expenses here are insane

@@Nunya7211 There are cost eating away at her. It's like living in California, you won't know how much until you leave and your affordability doubled or tripled.

@Kenura Medagedara It depends if you like living near/in a city that offers entertainment or a rural area that offers the outdoors.

@Kenura Medagedara it depends what is important to you. America is a diverse place. If like the beach maybe California, Florida or South Carolina. America has a big gun culture so maybe Texas or Oregon if that is important to you. Maybe you're in retirement so you want a state with low or no income taxes like Tennessee.

💯

her labors? or her ex husband who will working for a meager existence till he dies, two sides to the story.....

@@alfredneuman7665 sounds like you’re projecting lol

@Dillon Smith What do you mean he didn't shoot her down? As soon as she started describing that she had also run the numbers for a condo he pushed the silence button and start patronizing her saying she just needs to treat herself without addressing her calculations.

Yep. And he worshipped her as some kind of single mother goddess with no information. She could have ran the scoundrel divorce court game on the husband who was wealthy. In 2021 many of them prefer to be single moms, believe it or not.

@@Originalman144 there's not that many wealthy husbands. It happens but the idea that most divorced women are raping some rich guy's finances is a mythology.

*+* *1* *7* *7* *8* *6* *5* *1* *2* *0* *3* *1*

@J E agree but nobody is forcing her to buy sonething.

or townhome with condo fees

@J E HOA exists for single family homes too and its like 70 bucks a year LOL taxes exist for all home types...condo, townhome, single family...rent is instability...owning is the way to go

@@canadianjatti Not in Chicago. Condo assessment fees are crazy here. The utilities are lumped together and divided based on square footage not how much you use.

Yeah, people act like the cost of repairing a house is cheap. If my rent goes up $50, thats $600 per year, what a homeowner would pay for a HVAC guy to come and do a simple repair.

Exactly! It’s more like- pick ur poison, because either way everything is going up. Doesn’t matter if u rent, own, or add an HOA to the situation

@@gavip24 The nice thing about renting, is only your rent goes up. Repairs(roof, plumbing, electric, foundation) all stay the same, at zero!

@@unkownuser5809 When I read back the OP's comment...I think that's what they were initially saying. Or at least that's the way I read it.

@@lisacox3750 exactly, I was agreeing with OP and adding more details from my own experience with renting vs owning

wow didn't think I'd find you here lol well Hello there! :)

Maria is awsome!!

OMG funny seeing you here Damon. Although I should’ve figured when you beautifully outfitted your home with thrift store pieces from a Paris flea.

@@inkyuhwang6702 morning buddy I I hope you have a good thanksgiving buddy merry

I love that Dave calls her a "warrior princess" ♥️

Then he would take five calls a show. Got to keep it moving, keep everyone on point.

He didn't want her to talk about the #'s because he's a real estate guy that wants to keep the real estate machine going

Flexibility is a great reason. Even 20-somethings today buying houses don’t realize they may need to move for a job or better career path. Better to invest and rent.

Why house poor? I'm probably rare because I can make money remotely so I dont feel tied down with a house. I also believe the freedom of choice

Also filled with Coronavirus.

Amen! I would love to get into a senior apartment where the rent is based on income.

@@susanmarie2231 should be 30% of income with utilities but plus electric or 30% of income with utilities and electric but smaller apartment than the first

@@miked7212 The trouble is, trying to get into an income based senior apartment in Oakland County, Michigan. There’s about a two year waiting list.

@@susanmarie2231 Yeah it's about a two year waiting list around here too in rural southern Ohio lol. And there isn't anything special about this area at all.

Just read the rules and bylaws. Do the math. Very simple.

hate to be this guy but it’s *peace of mind*

@@222wheelsdown yep you're right. Good catch. Thanks for that peace of advice. :)

Her ex earned it.

There are people where I work that are in their 50s and 60s and have rented an apartment their whole life. OOF!

east asia, im in texas right now and thinking should I buy a house here or just rent an apartment and take care of my house and retire in southeast asia?? 🤔🤔

🌟🌟🌟🌟🌟🌟☄☄☄☄

🙏🏻

@donald johnson or didn’t. Either case could be true.

@donald johnson And he should’ve if he has children. 🤷🏽‍♀️ Men who love their children don’t mind paying

Exactly!

Thats fine for her she was willing to rent

And stay away from HOAs.

All you do is buy or rent a condo you can afford. Why would you expect your condo dues to go away when you know where the money is going? I live in an upper middle class secure gated condo community with $280/mo. dues. We have two car oversized garages here. Covers the maintenance,landscaping,heated pools,cable TV,tennis courts,streets,4k security cameras,two club houses,snow removal/sand,etc.. There is always a waiting list to get in here.

So the HO A pays for landscaping, roof, parking, streets, exterior etc. The alternative is she contracts individually for each and every repair and replacement. I live in SW Florida and Hurricane Irma in 2017 did a lot of roof damage . HOAs did the negotiations with insurance companies and roofers for condo communities. There are still occasional blue tarps on homes that have not completed roof repairs here. HOA dealt with debris cleanup, common area damage etc. I appreciated my HOA board, all volunteers from our community.

she said she was willing to write a check each month anyway.

When HOA fees go up landlord will probably raise the rent to match those fees.

Ok so who forced you to live in Boston? Stop complaining.

So move then you're not being forced there.

You choice your problem. The millionaire realtors,IRS,etc..love you. What kind of gun was that to your head? I think all states have affordable areas to choose from with some states having more than others. You chose insanity instead.

Do any of you value FAMILY?? It’s in the Bible! I am tied to Boston because most of my family lives here, including my parents, who own several properties in the area. My parents are about to retire, those properties are funding their retirement and they need caretaking. I have to help my father, who is a contractor, with it because he’s getting old. Most importantly, I want my children to have a relationship with their grandparents. I’m not paying a stranger to care for my child while my wife and I work.

@@Dudemanbro1577 Yup money is everything. All about choices. Good luck.

he convinced me on ownership

@@riceandbeans2019 exactly

Black Mormon lives matter

east asia, im in texas right now and thinking should I buy a house here or just rent an apartment and take care of my house and retire in southeast asia?? 🤔🤔

@@riceandbeans2019 Boomers do not hate children rice & beans. If these young people want to rent good on them. However, once younger people primarily rent, the monthly rental fees are going to be astronomical since everyone will be renting while people whose homes are paid for will have no monthly payment paying only taxes and home maintenance. Trust me taxes and home maintenance is far less than rental costs which continually go up. It also depends on the state where you live. My state does not have exorbitant real estate taxes and I have no HOA. The cost of living is much lower where I live than a state like Illinois which is run by a bat s..t crazy governor who is a dictator wannabe. My husband and I already went through the real estate bust which began in 2008 where the prices of homes dropped significantly. We took a loss on the house we sold but still made money but not as much. We purchased another home in a different state with several acres of land mostly wooded. Everyone is different and it is difficult to make generic blanket statements about people's wants and needs. If this lady wants to rent, then she should rent. However after living in a home for most of her life, I think she may be in for a rude awakening if she chooses to do so.

Exactly,single moms are the hardest working species on this planet.

Why pay rent?

Renting is freedom. Can live anywhere. Home ownership is only if you have kids who need to live with parents.

@@investorclarity That's a very expensive version of freedom

@@investorclarity Very rare but know digital nomads that have a house and live and travel alot.

@@Cahluvca oh yeah, i don't mind buying the house, but we jus want to be done with traveling and also be able to completely cover the cost in cash with lots more left to spare.

Amen to that

It doesn't if you rent a new apartment, and housing is the major reason a lot of people struggle

Not if ur single

@@bravehats in this area a descent apartment even new is the same cost as a mortgage payment

@@BernardBrunu1 ...or married. Why not?

It’s an understatement, I bought double the house in KY and pay the same tax as I did in Illinois.

Not a rumor. It is a fact that taxes are outrageous in IL. Property taxes in Cook County are astronomical. Sales tax more than 10%.

Sarcasm

😂

This is a hilarious comment and so true 😂

Black Mormon lives matter

Dave's all like "Cheeki breeki, cyka blyat with that money!"

He probably just burned one.

Do you really want to be maintaining a house(furnace, roof, plumbing, electric, driveway), removing snows, leaves, flooding, etc. at age 75? Dont forget upgrades, appliance replacements, new roof, etc...etc..etc. at age 75?

@@brianh.2245 not all homes are houses you know? Get a condo

@@Azel247 I got a townhouse I rent, condo is too small for me. But really, its up to each person and what they want out of life.

@@brianh.2245 I am 73 and hope to keep living in my house until they carry me out feet first. I replaced the furnace, roof and siding, and upgraded the electric panel (complete with switching panel for backup generator use) after I retired seven years ago. The kitchen remodel will probably come next year. I plan to be here another decade at least. We will see how that works out.

@@brianh.2245 when you don't have a house payment, you can apply that money to paying someone to upgrade/repair it for you

That’s just a smart play. Less land, hopefully cheaper utilities. Probably move to a place with an HOA where they keep everything up.

Condos/coops are the best of both worlds

I nailed it as well! I also said she should get a condo! :) great minds think alike! Lol 🤷🏾‍♂️

Depending on the complex the condo maintenance fees can be pretty high, add in the real estate taxes and it could cost as much as a house.

@Fisher Soren Not very smart to brag in a public comment section about hacking your girlfriend's Instagram account. Just saying.

Logically, that’s true, but the taxes and condo HOA fees in theory can’t go as high for a paid-for condo with the taxes and HOA fees, or they’d have a problem keeping people paying the HOA fees, at a minimum. Rents on a condo always has to account for making a profit above those, so it still financially makes sense to own it over renting.

And the price of buying a house has gone up. No matter how people try to say rent is high. I’m in California and a mortgage payment is double what rent is. Different states different circumstances.

@@djflash7503 California is ridiculous overall when it comes to cost of living. The decision if it's worth it is a serious one

They live in rent controlled apartments and pass in on to family members

@@mizzmiami3242 rent controlled apartments are rare. And there are very strict rules regarding handing if off. But there are still many rent stabilized apartments. Rent is voted on by a board and usually goes 3/4% annually and sometimes not at all.

true and I guess we all pay rent to live one way or the other, even if you pay for your home, that house will have to be paid property tax for ever.

Very tru

You must be a handyman. LOL

@@ranger-io5db nope. But that's what I would tell my mom to do if I was too far away to help. Nothing wrong with handymen used correctly.

@@ranger-io5db That like people who buy badly build new smaller homes.

That's exactly what I said. If it's a low maintenance property then it's not going to require a large number of hours or days per month that you're going to have to pay somebody.

Good point, also a new build (smaller) house without HOA fees, that way she could save on HOA fees and take that savings to pay the handyman when needed.

Exactly. She is a warrior QUEEN, not a doggone princess.

@@jodylarson4697 idk, I kinda like the Xina the warrior princess ref. Queen is not as much fun a play w/words.

😫

That sounded like unmerited praise to me. She could have been a warrior monster. Who knows.

@@Originalman144 Lol, ur so right. Ninja worrior, what do we know.

Yep. And it’s rent stabilized. Same thought.

@@MacyHarrell I thought they were but I wasn’t sure about that part. I’ve seen ones that you can buy the condo. I don’t know what Illinois has available but I would imagine they are everywhere.

I didn't know you could buy a place in an older community, usually, they are very low-cost rent.

@@MacyHarrell for low income people with few assets, you must qualify. With 1m in bank she will not qualify....

@@janicenunn8525 They have some nice 55+ condos in Florida she can easily afford. One of my favorites is on the Gulf side along the intracoastal waterway on an island of it's own.

That’s what I think. Pay cash for a home and get a good handy person on speed dial.

True! While its possible that buying a house doesn't turn much of a profit after calculating interest and expenses, inheriting a house is a wealthy move for sure

The kids can look after themselves.

Hoa fees can be half the cost of rent

That’s EXACTLY what I was thinking. Costs go up regardless whether you rent or pay a mortgage to a lender.

You’re a man you know if a repair man is charging too much for a repair. A woman may not be aware of these things.

but your rent of 1500 could be a mortgage of 600 and then your building equity as well....

@@canadianjatti that's a myopic way of viewing MY situation but thanks anyway

@@santafilipina9020 I like that flexibility too and have chosen it.

@@janicenunn8525 Agree, the $1500 buys me the flexibility and freedom. Borrowing from Thomas Sowell, there is only tradeoff and buying a house isn't a solution for me.

@@santafilipina9020 also like the escape possibilities if SHTF next few years, I am rapidly losing confidence in guvvy

😂😂😂😂

Dude I was like 😂💀

Truth

Why?

why?

@@canadianjatti expensive to run and maintain. Ridiculous taxes. And, houses here in CT tend to only go down in value. Poured money into a pit that you never got back. Plus i work so much I was never even there.

I can 2nd your post. I am renting a townhouse now, and love the freedom!!!

@@brianh.2245 I could buy a million dollar house if I wanted but I rent a modest condo. If i was going to buy something Id buy a modest vacation property that could double as an airbnb situation.

So your rent and pay the landlord expenses. Paid cash for my rental. Tenant pays my property tax, insurance,and maintenance. The rest is invested profits. Landlords with mortgage it’s included into monthly rent. Good luck!

You rent for 30 years at 1500 a month that's 540.000 dollars you do not get back. The person who bought their house and it paid for can sell it and get all that money back and then some. Or have a house and not have a mortgage or rent and property taxes are a lot less then rent would be.

Yep...

Until you see the condo fees 😂

@@donrobertoni and those fees go up every year just like rent 😜

@@realSamAndrew the fees pay for that stuff she doesn’t want to do. And you do own the property... your total costs won’t go up that much.

@@MartinME3 my point has not been refuted.

@@realSamAndrew Don’t matter when you’re a debt free millionaire.

@aena not in my area, rent is as much or more than my current mortgage (including homeowners insurance and property tax since it's escrowed into the payment) for a house that isn't even as big as mine. Apartments are even more, unless you move to a low budget one with kids that run amuck and cause issues. No thank you, I will gladly keep my mortgage over renting right now.

Enjoy paying that high prices because interest rates are not going up!

So true, it's a giant rip off. Why you think banks and home builders are so hyped to get you into a house? Hint, they are cashing in on your investment.

Enjoy making whoever you rent from smile every month. ✨

@Austin Duke For some it did, due to rent controls.

lol

I’ll buy that one 😂

Thank you 😂

LOL

You have been officially Ramseyfied

I wonder if that reasoning applies in other countries.

That means you have a good way of thinking with money.

👍🏽

Dave Ramsey has only one way of thinking, I think it's unfortunate that he doesn't even let his callers speak, it sounds like this lady had done some thinking about it and wrote it down, but Dave Ramsey just cut her off. It's kind of like Dave Ramsey is just a FAQ at this point.

There is no guarantee that newer or more expensive is better quality these days.

my house doesnt cause stress and costs less than rent (that includes mortgage and taxes and fees). People just need to do the math before making a decision.

Had far more stress as a renter. Landlord contract holding tenant liable for any damages done, including even pinholes into the drywall. Once the water heater blew out and so I thought how great, I don't have to pay for it. Wrong - rent jacked up steeply next renewal. Of course, it wasn't repaired right away since landlord rate shopped to get cheapest plumber out so had no hot water for days vs if I owned I could call whatever plumber I wanted. Then trying to move out to a new place, massive stress trying to coordinate lease term locks, double paying period, massive expense of professional cleaners coming in to meet contract requirements, and sufficient upfront hard cash to pay for a new lease + security. Then trying to battle landlord to get security deposit back after 30 days since they can cite tiniest things for construed damages even when you played it all out correctly. Worst part though is renting when you're a good tenant and the landlord then mails you a notice to vacate in 30 days because they are moving back in. Talk about stress. Good grief, I never hope to rent again.

@@canadianjatti In the past year I spent 5k when my furnace went out, had a roof leak 250, fence damage 300, water leak 85, mold 300, ant problem 50 and taxes went up $600. I spent 100 on water hoses, 100 on cheap lawn mower, and probably 1000 on tools to do minor repairs on my own. This doesn’t count elective renovations and gardening materials. I could use a new roof, tree trimming and to have my house painted but that would cost 12-15k

My rent was 700 a month

@@joyaustin6581 In that case I guess it didn't make sense. I have a new home (built 2019) under a new home warranty. All I spend on it is 200 a year to clean out the water tank (this is my choice to do). Insurance took care of my hail damage and I already have a new roof. My mortgage payments are less than your 700 rent was. Like I said before the math has to make sense when you decide rent vs own. For me it is much cheaper to buy. To rent this place would be 1350 which is why im considering renting it out in the future when I upgrade houses.

Haha good spot 🤣