‪@BudgetGirl‬

[@CyanAnn]

I wish they touched more on the "ethical landlord" topic. I grew up in an "undesirable, poor" neighborhood and now it's being heavily gentrified. Seeing how much/fast my community has been pushed out/priced out, I don't want to contribute to that in someone else's neighborhood.

[@EllieofAzeroth]

Totally agree. It's really disheartening to see that happening everywhere

[@sarac2019]

Gah!!! I love Budget Girl! She is so inspiring because she worked a “normal” job while building her wealth and wasn’t making $400K a year. She is very transparent which I appreciate. Plus, she is so lovely and fun DIYer.

[@BudgetGirl]

Thank you Sara!!

[@tristanrodenhauser5267]

How did I miss that these two did a show together?! Love that Sarah still keeps her day job.

[@popcorn1304]

I enjoyed the convo, especially all the numbers mentioned. I struggled with the idea of an "ethical landlord". That seems like an oxymoron to me. Ethical landlord is a convo people are trying to have right now and I just am morally opposed to that idea. Owning multiple homes is forcing people to rent rather than buying a house of their own. I've been trying to buy since 2020 and it's absolutely absurd that I can't find a home in my hometown that I can afford. I get that collecting rent is 'passive income' but I always think, at who's expense? I don't want to make money off the backs of poor/working class people.

[@tic857]

I think it matters alot of who you rent from. There are ethical landlords, who bought a home, renting it out because they needed to move and are saving the house as something to either return to in the future or pass on to someone or are using it as their "big emergency fund savings account". Typically apartments and homes that are well maintained and have good response are usually good ones. Bad landlords can be easy to spot at the beginning, like if they refuse to give a proper lease, don't want you testing outlets, not answering questions, the touch ups or repairs look shoddy and bad etc. So its also placing yourself to be with a good place. But the thing is, usually good landlords are not going to be renting out at the lowest price. They either know know the financial cost and their worth so they go mid to high range because typically the view point is higher salary is likely more stable income and more consists tenant. And it also depends on how one presents themselves as a potential tenant. I'm single and most landlords in my area will not rent to a single person because they don't think its stable enough that and their previous experience is that singles tend trash the place but those who will rent to me are usually very very shady people with very questionable units. Just like the video saying know what you want from the house, so know what you want from an apartment and do your best to place yourself financially in a position that will get you a landlord with a lowish rent. I kept at it looking, touring and contacting landlords. I think I visited over 30 apartments before I found my current one. I even went the extra step with offering previous landlords contacts so they could vouch for me. My current landlord didn't want to rent to me, but ultimately rented to me because of my good relationship with my previous landlords, who said "She left the place cleaner than when she moved in." So in ways it does pay to have good relations with your landlord, which is why visits and tours are good. It gives you a snap shot on if this is someone you want to do business with. I visited many apartments some better than the one I have some cheaper, but when I spoke to them red flags popped and I didn't do business with them--even as a broke college student. I also had one landlord teach me, "Look at Zillow and see what are the house prices are and run the mortgage calculator. Get an estimate of the mortgage divide by the number of rooms and tack on about $100-200 and see how that compares with the rents in the area. The extra typically should go into the emergency house savings account. That will save you some time on whether a place is worth the rent or not." Not a hard and fast rule but it was still worth the knowledge. Renting is hard, finding a stable and reliable roommate is hard too. I think with my time renting, has taught me alot to how to view a space and how to screen someone, which I hope will help me if I ever purchase a house and rent out a room. I already know my target renter is gonna be a student or young professional, mostly because they usually rent for a year or two, and usually have access to a cosigner, that and mostly because those are the roommates that gave me the least headaches and issues. This isn't to say that I don't think some landlords are rats because they are. As ratty as the rat damage they refused to fix and tried to pin the damage expense on me. That landlord provided me a list of red flags for me to keep an eye out for.

[@craftybutcher215]

@@tic857 "or are using it as their "big emergency fund savings account"." See, this is actually one of thee things I find unethical about people who move out of a place and rent it rather than sell it. I'm not saying they are evil people or that they act like Captain Planet villains, but I consider it fairly unethical because you need to look at the flipside of the perfectly agreeable phrasing you used... 'Someone will pay me the costs of maintaining this house, plus a little extra as profit and if anything bad happens to me, I will reclaim my 'savings' and kick them out of their home in the process.' It is effectively removing an insecurity from your own life by passing it onto another person - often somebody who isn't in a position to do anything else.

[@popcorn1304]

Yea I get how landlord work. I guess I don't see the point of being "one of the good ones" in a system that is inherently exploitative and harmful

[@austinrider121]

Without landlords there would not be rentals. For many, renting makes more sense.

[@lanaharper9798]

I guess as a grad student who’s renting right now, what I would say is that, sure, the system as a whole is inherently inequitable, but my life as a (very) busy student is made _so_ much more bearable if I have a landlord who fixes shit when it breaks, abides by the terms of the lease, works to keep the property functional, and generally does other “ethical” stuff. Like, yeah, they’re making money off my back, but I’d FAR rather rent from someone who thinks they have ethics and acts accordingly. Just my experience.

[@BudgetGirl]

Thanks so much for having me Chelsea/ TFD!

[@Thejennmachine]

Thank you! I rent half of a duplex and renting is absolutely the best financial decision for me right now. There is nothing wrong with renting. Recently my landlord had to replace our oil tank if I had a house there’s no way I could pay off debt and afford unexpected expenses like replacing an oil tank etc

[@BudgetGirl]

Whoop! My duplex is absolutely the best decision i've made!

[@nocciolina]

The floor / ceiling analogy for buying vs renting is so good!

[@BudgetGirl]

Thank you! I can't take credit for coming up with it, but it's a great visual!

[@jenniferwilliams6494]

Fun listening to her. Seems like she down to earth plus she's a TX girl. A+

[@mariannaryan456]

I totally agree with not being afraid of projects. I have updated/renovated 6 kitchens and several bathrooms. One of the advantages of being involved is that you get to know your property really well. I always learn something and it really makes you figure out how your house works.

[@BudgetGirl]

Totally agree!

[@vmpapillon8984]

I like how honest this conversation was about numbers, expectations etc. Well done.

[@BudgetGirl]

Thank you vm, I try hard to be as transparent and realistic as possible on my channel!

[@melaniejaramillo6534]

I absolutely love this woman! Wow, she is such a breath of fresh air when it comes to being open about numbers. Very helpful for the rest of us!

[@BudgetGirl]

I think sharing numbers helps us all! Thanks so much for watching!

[@lizzabbott]

Terrific Guest. Well done, Chelsea ! Great interview that flowed & informed. I’m going to find Sarah now online. She is brand new to me.

[@missmaryjanegreen]

Love Budget Girl! Great convo

[@EllieofAzeroth]

I love that she isn't a predatory landlord. There aren't many of them out there. Good for her for doing it different and doing it ethically

[@empoweredesquire]

I’d never seen the budget girl until this show! I’m glad TFD introduced me to her.

[@BudgetGirl]

me too!

[@anaalves3658]

Great video 👍😁. She is so open and honest about how she managed to get where she is. I especially loved the point about how if you have a mortgage that is your minimum amount that you will pay for it, expenses always come up. I am a landlord, I have 2 apartments in Cape Town South Africa, it's much cheaper to rent than to buy in South Africa, because of the interest rate. I bought my properties as a long term investment and about 3 years ago I lost money on the properties, they were empty for 6 months, one of them I had to evict the tenant and fix lots of damage, their deposit did not cover all of it, plus I am fixed monthly expenses on the properties. It's disheartening but I need to remember that this is a long term investment. I currently have lovely tenants and I did not increase their rent, it just didn't feel worth it going to the trouble and expense of finding new tenants if the current ones can't afford a raise. It's not much but it's steady and the properties are being well looked after.

[@shelbymary212]

Love her energy. This video really motivated me to stay on the frugality train to save up an emergency fund. Sometimes it can feel daunting or like I'll never be out of debt and have a solid savings cushion, but she is right. The process is slow when you're a real, normal person!

[@BudgetGirl]

Slow but worth it!

[@sarahweigel4361]

ive followed BG for awhile! im glad she has figured out a good strategy that works for her. i dont personally agree with charging more for a rental unit than a mortgage costs and i dont believe in landlording especially as ive seen airbnb's in my area drive out so many locals. i understand 1 person with 1 or 2 properties isnt whats destroying the housing market, but its not scaleable so i wish people would think twice about recommending it as a surefire wealth-building tool.

[@turtlescanfly7]

If you don’t charge more than the mortgage how do you cover the repairs? I think it makes sense to charge a little more so you can maintain a repairs sinking fund. But I thinks it’s super unethical to charge like double the mortgage or something, that’s just screwing people over

[@sarahweigel4361]

@@turtlescanfly7 well heer mortgage is for a 2-unit duplex, and her tenant covers the mortgage and more with their rent. so on top of making a little extra, she lives for free. thats what I mean.

[@eldermillennial2000]

@@sarahweigel4361 don't think she mentioned this in the video but her boyfriend lives with her and pays $500/month. Without this, she would pay some amount out of pocket. I'm glad she bought this duplex versus a hedge fund or corporation.

[@hillaryw7272]

@@sarahweigel4361 no her tenant, plus her boyfriend’s rent covers the mortgage plus about $100. Plus, if she does own it - who does? Someone has to own the home/apartment for someone else to rent it.

[@sarahweigel4361]

@@hillaryw7272 wacky crazy idea: the person who lives there?

[@Fearlessone09]

Dear Chelsea and TFD, have you all ever considered interviewing a service member for one of these confessions? I would really love to see how people in the military, especially women, make it work when Congress decides your paycheck for you and you or your spouse is constantly gone for duty. A lot of military folks do the passive income through real estate thing but it's always more complicated, coupled with the whole moving every 2 to 5 years thing. I just think that would be interesting.

[@jenniferwilliams6494]

What do you mean they decide our paycheck? I think I get where you are coming from. Just want to make sure I understand. #JustRetired

[@Fearlessone09]

@@jenniferwilliams6494 Congress dictates what the budget is for the year and what our pay will be.

[@PrettyGuardian]

Hearing somebody approach home ownership from a budget friendly standpoint is super inspiring. I bought my first home about 6 months ago. It took about 5 years from the point that I decided I NEEDED to do it to the point I was actually able to do it. In that time I did everything that I could to put away money including downsizing to a less desirable apartment in order to cut my monthly expenses in the year leading up to the home purchase. It was not easy. Not everyone can do it, especially in this economy. Yet I also think it's more attainable for some people than they might realize, if they are willing to research and budget and so on.

[@BudgetGirl]

I totally agree that it's possible foe normal people and huge congrats on your home purchase!

[@softreset826]

Well said. I agree, it isn't possible for all, but it is possible for some. Congrats 👏

[@xzonia1]

I don't feel like I'll ever get out of debt due to my health issues (you can't budget yourself out of medical bills), but I do love watching videos like this and seeing others succeed. Thanks! :)

[@jboudie]

wishing you all the best!

[@xzonia1]

@@jboudie Thank you!

[@d.d.d.a.a.a.n.n.n]

I understand that feeling. Being ill is expensive, particularly when it interferes with one's ability to work. I'm trying to pay off debt I accrued from when I was too ill to work at all, but still needed to eat, and some days I wonder if I'm just fooling myself about the possibility of not having debt, or if I'll always carry it because of my health

[@zoewhitney5153]

I mentioned MLMs in passing because of this channel and my boyfriend thought I was talking about Marxist Leninist Maoists. The head spaces are so different 😅.

[@ericaosko6656]

There is also Men Loving Men in LGBTQ+ spaces. Can get a little confusing 😅

[@AndreTJones]

I’m thinking of going to do the exact same thing. The problem is I pay half of my rent. After rent I have 12,000 a year. After budgeting I can save $440 a month. That is 5,280 a year. I don’t have a car, that’s going to take a while. I don’t want to stay at my income very long $5000 a year is too slow to pay off 34k in debt and put a down payment on a house. I’m going back to school to invest in myself. I will get there.

[@lookatmarat]

How many of these comments are spam? Lately when I scroll through comments on TFD videos and other finance channels, people are sharing who they invest with and include a WhatsApp number to message. Maybe I’m missing an opportunity, but I’d like to flag for TFD. Would hate to see people come to these videos for knowledge and get conned to something else

[@sb1206]

I discovered her channel a few months ago and I love it! Fabulous interview skills as always, Chelsea :) I enjoyed learning about her mortgage process and her Airbnb. I'm not planning to buy a home for another 5+ years, but one of my investment portfolios serves as savings for a downpayment. I'm grateful to have this level of info available for free, and I know that when I get into the market I'll be well educated.

[@norkyd8671]

Great video!! Two of my fav ladies talking about money, finance, debt, and investing.. loved this video!!

[@risamaeve]

I'm so glad the audio quality has improved since this video, we really appreciate better microphones!

[@1renegadegeek]

As someone who bought a house during the housing bubble in the early 2000's I am SO glad that my husband and I didn't buy at the top of what the bank was willing to loan us. We're still basically upside-down. Not long after we moved here, I ended up staying home with our first child baby, he got laid off for a while, but we've been able to continue paying our mortgage because we bought something smaller and cheaper, plus we were able to do a lot of work on the house and yard ourselves. We've been able to ride it out. Now that we both work from home, we're considering selling at these pandemic prices and moving somewhere else. Can't go too far though, because we need to stay near elderly parents, but I will forever be grateful I took my Dad's advice and stayed frugal when we were looking for this place.

[@youknowjuno145541]

I’m so curious did you end up selling? Or how did it go?

[@youknowjuno145541]

I’m so curious did you end up selling? Or how did it go?

[@katherinestephens7674]

Really great interview....her advice and enthusiasm are encouraging and informative

[@BudgetGirl]

I'm so glad you enjoyed it Katherine!

[@cccccc202.]

Budget girl is such a sweet Aggie! She’s so down to earth, especially for investing in real estate in a much much smaller market like college station, Texas! 💕

[@BudgetGirl]

Thank you c!

[@tacrewgirl]

Chelsea, thanks for this interview. I learned so much from Sarah (Budget Girl). I really needed this.

[@BudgetGirl]

Glad you enjoyed it lisa!

[@Maria-from-Denmark]

My two favorite youtubers at once. It must be my lucky day today - thanks to both of you

[@BudgetGirl]

Too kind, thank you maria!

[@Maria-from-Denmark]

@@BudgetGirl Thanks to you Sarah. You've helped me a lot. I feel like we've walked the path together. I am very grateful for that

[@myah_t]

Chelsea’s mic has to be off. The audio is really bad this episode.

[@jedikv]

I think zoom was using the computer mic rather than the main mic

[@TheNatysPOV]

Was the mic turned off?

[@supernova622]

Def sounds like we're relying on camera mic on this one

[@candaces3959]

Love Budget Girl and TFD - my 2 favorite financial channels., I have been following both for quite a while. I am not a millennial but your info is good for people of all ages. I just wish I had the financial knowledge that you both do when I was much younger. I would be much more stable financially than I am now. Covid negatively impacted my income and am having trouble recovering. Oh well, onward! So glad you had Budget Girl on. Thanks!

[@BudgetGirl]

Thanks for watching Candace!

[@CaraMarie13]

I love that. Like yes, give your bf a lease. It works for everyone involved. Like if i ever let someone move into my apartment, the first thing we are talking about is a lease. I don't see why some people look down on it. And absolutely love the floor comparison. I have a mortgage for a coop and the board is thankfully responsible for anything behind the walls of my apartment but anything inside the apartment, with the exemption of the heater, is on me.

[@theStarker]

Sarah sounds like someone who I could really be friends with--so much in common! I appreciate so much of what she said, especially as a fellow frugal Texan!

[@BudgetGirl]

Hi fellow texan!

[@theStarker]

@@BudgetGirl hi!! I also collect pressed pennies, do you have a favorite?

[@BudgetGirl]

@@theStarker NY spy museum

[@elenaadler4633]

What a refreshing take on rental properties! Thank you for one of the best conversations in the series!

[@BudgetGirl]

that is very kind, thank you!

[@pethaudiddorol]

So many spam comments, and they’re so well-curated; it’s scary 😰

[@Kealasadiva42]

I love this conversation. It was honest. I plan to be a landlord and really want to avoid being a slum lord.

[@Kthx881]

Technical feedback, Chelsea’s audio is very far and echoey today. First time I’ve experienced this on a TDF video!

[@saschamayer4050]

Yeah, it's weird. And hard to understand.

[@cuearesty]

I wonder if her microphone is off, and this is like.. comp/ zoom mic?

[@PinkDiamond7777777]

Ah, I thought it was just my audio.

[@mariegagnon7409]

The audio version on the apple podcast app sounds even worst :(

[@mrrd4444]

Seems like the mic didn't work so they're using camera audio!

[@glitterstarbeau]

Love Budget Girl. So weird how everyone is mad that someone is investing in real estate versus the market.

[@sharischmidt4712]

Living in Ontario Canada there's no way anyone could find a house /condo for$230.000, this price is totally unrealistic. The average price for a house in the small city where I live 90 minutes outside of Toronto just recently top $1.000.000 , condos go for about $600.000 and up and townhomes about $900.000.

[@OpinionisnotFact]

She specified these numbers are specific to her area though. I live in New York City, my numbers are different so I don't expect hers to apply to me. If I want a $230k house, I'll move to texas

[@xbi4147]

@@OpinionisnotFact you can only move to Oklahoma with that budget now. Lol

[@OpinionisnotFact]

@@xbi4147 You'd be surprised. It's also about if you're in the biggest city in your state/proximity to major cities. I have a cousin in Pittsburgh who bought his (huge) house for like $80k

[@robertmaxa6631]

The kicker is, you have to qualify for the mortgage. If what you're qualified for is still half, or less, what most homes are selling for, ownership isn't possible.The crappy part, is that renting doesn't allow for security, you can get evicted at any time. I've wondered how much Americans pay for water,electrical,and home heating gas. In February, our home heating gas bill,was $420. Less than half of that cost was delivery fees. The electrical bill, was $300. I pay $1700 a year for car insurance. Canadians pay more for EVERYTHING, like we're rich, or something.

[@almaortega9261]

Try California! Nothing exists for 230k.

[@crystalblack6240]

Really interesting conversation! On landlords: I’ve only been renting for less than a year, and have already had to move due to a really terrible landlord. Got intimidated into signing on a place I hadn’t seen (moving country meant I couldn’t visit) that had no running water, electrical faults, broken kitchen, flooding and more so had to get out of there asap, for my own safety. In a new city where I knew no one, and a new country on top of it. Then got stuck paying three months rent of a place where I couldn’t live, as well as rent on my new place (where the landlords live next door, are really lovely, reasonable rent and good services) but it was all super stressful and left me in a financial hole. I think if I had the knowledge and time to take that guy to court, I probably could have won, but as a 20 year old with zero experience in all of that and no one to help me, and not being fluent in the local language or how the legal system works here, I ended up just taking the hit using emergency funds and adjusting my budget. I was super lucky to even be able to get out of there, and even more lucky to land in a place that’s actually safe. The whole “how to get out of a really shit apartment without paying through the roof for the luxury of running water” could be an interesting topic for TFD, I’m sure that kind of thing happens all over the world and could help someone else to avoid/get out of this situation better that I did!

[@jazziered142]

I have been watching BG since almost the beginning. She really inspired me to get out of debt, I saw her doing it, and I thought I could do that too. And I am out of debt. Unfortunately. I'm in Salt Lake City, and as I was saving for my down for a home, I got priced out of the market. 😔

[@peterramsay1767]

“Wealth should be created by investing to create more wealth. Income is the fruit of wealth. If you do not do that, you will not have more income.”

[@frankdouglas1562]

@Casino Şimşek Sounds like plan, how do you put money to work?

[@frankdouglas1562]

@Casino Şimşek Thanks for replying me, I've heard so many people talk about investment but none had said how to do it right.

[@alexmontrey5372]

Am hoping on you can explain more on how you make extra income from investments

[@kathyfrugalsen3047]

Anyone who is not investing now is missing a tremendous opportunity.

[@kathyfrugalsen3047]

@Muyiwa MG I'm keen on trying this out. Thank you all for the information

[@dearbronte686]

I'm an ethical landlord, if an ethical landlord is someone who maintains a property beautifully, pays water usage because I can claim it on tax & the renter can't, and won't rent out as an airbnb which truly drives normal renters out of the market. I'm a renter where I live, and paying a higher rent than my little apartment. All the broad brush whining comments in this comments section about the evil landlords is really annoying. Not that it matters, but I'm a single mum and have no debt except mortgage. And I have always worked my butt off. But yeh, evil landlords. ffs

[@towelaokwudire]

Thank you for this Chelsea and LOVEEEEE your show. It has literally changed my life!!

[@adventurousbec]

You rock Sarah, Budget Girl!

[@BudgetGirl]

Thank you rebecca!

[@jesusismyfinalanswer]

drink every time Chelsea says “I love that!”

[@BudgetGirl]

We love that 😂

[@TheGenflute]

Two of my favorite channels in one place!! 🤩

[@BudgetGirl]

I'm honored Genevieve!

[@mmmgan1]

I love Budget Girl! Thanks for a great interview!

[@BudgetGirl]

thank you!

[@LindseyObrooke]

"If you touch the floor, that's poverty and ruin!" 😂😂😭😂😂😂😂This is going to be my new Moto.

[@kathr3477]

THANK YOU for saying renting isn't always a wrong choice! Drives me nuts to hear that as a blanket rule

[@BudgetGirl]

Agree!

[@chiurosanna5073]

I love this informative and inspiring interview a lot. Thanks for everything.

[@BudgetGirl]

thank you for watching!

[@winterlily100]

🙌🏼 ex texan! Lived in College Station for 3 years and went to TAMU! Gig ’em, Aggies!👍🏼

[@BudgetGirl]

Gig em!

[@KarateSHOES00]

If you can reupload, pls fix the audio

[@juliocesarfernandez1887]

Love your guests always

[@Kelgore]

housing is a human right. let’s stop talking about it as an investment, a gamble, or a passive form of income.

[@cuhweenuh]

This this and more of this

[@danceninja21]

The sound I very echoey today. But love the video! Thank you!

[@jensconcepts671]

I really enjoy your interviews... I would love to see you talk to Brett johnson about fraud and the personal affects. I think it would be a good expansion of thought for your audience but also his personal story is very intriguing

[@carleewalsh5502]

Thanks!

[@afreaknamedallie1707]

I feel like she has a very "Texas" attitude about ethical renting. I would love to see her in the future see what renting is like on a budget in larger cities, I think she might understand more the tenant side of ethical landlord quandaries if she had to face les than 24 hour notice inspections that are designed to try to evict as many people as possible, or roach motels, or like I experienced, multinational corp landlords that do not do any of the basic maintenance or necessary things like "contacting the post office to make sure the tenants are getting their mail" as happened to me in one particularly bad slum location.

[@angellaramie9344]

I don’t know how I feel about this episode. There was a lot of useful information, but also some weird rudeness against college kids (who also need a place to live btw) and the guest talking about how she thinks people not being made homeless during a pandemic is a bad thing. I understand that her perspective as a landlord will be different, but it’s odd that she only sees it through the lens of “then the tenet won’t pay”.

[@vmpapillon8984]

Really? I didn't have this impression at all.

[@BudgetGirl]

Hi angel, I'm sorry it may have come across that way. I love our students and regularly talk about how I get mad at local landlords who exploit them or vastly overcharge them for housing by renting by room. I employ four amazing students at my day job at A&M. I also don't want anyone to be made homeless and support the social systems that are in place to help. I've taken housing authority tenants at a decreased rent as well and would again. Perhaps this wasn't the platform for it, but I personally know many landlords that have had bad egg tenants who exploited the noneviction laws to not pay for years, even when they could afford it (they would also refuse rent aid programs). Then these landlords, who own 1-2 units sometimes as an essential form of income (not big corporations) then have no legal access to their properties and are not only not earning income from their business, but are having to pay someone else's rent indefinitely. NY just passed a bill that made this even easier and I'd highly encourage you to read the NY times articles on how this has financially ruined many hardworking people. Of course it's a minority of bad eggs, same as there are some bad landlords that create a terrible reputation for us all.

[@angellaramie9344]

@@BudgetGirl Thank you for explaining further! I misunderstood the way you spoke, and I really appreciate you clarifying. I do think that NY should have done something for both the tenet and the small time landlord. The majority of the ire for landlords is for the large business that own hundreds of units, so I really appreciate you sharing your perspective on renting out property without exploitation. And I realize my original comment may have come across as ruder than I intended it

[@godisluv070]

What?!? Two of my faves 😀

[@BudgetGirl]

Thank you nicole!

[@mollyb8136]

So amazing and inspirational. She's definitely got a subscriber from me

[@BudgetGirl]

thanks molly!

[@akirebara]

What a great talk!

[@BudgetGirl]

Erika I'm so glad you enjoyed it!

[@akirebara]

@@BudgetGirlJust subscribed to you! Another woman in the financial space, yay!

[@BreezyLavender]

Is the mic working in this video or is it there more as a prop? The audio just sounds off…? Could be my phone though.

[@lindyclark535]

I collect pressed pennies tooooo! 🖤🖤🖤

[@BudgetGirl]

aww yay!

[@purplepurls77]

audio :(

[@tamaratownsendskin]

Great interview! Checking Budget Gurl out now!

[@BudgetGirl]

Would love to have you on my corner of the internet!

[@girllibrary]

omg i love her!!!! i used to follow her in the early early days

[@BudgetGirl]

Would love to have you back Bree!

[@kellyjohnally7880]

Ooooh two faves!

[@BudgetGirl]

Thank you kelly!

[@FiercelySocial]

chelsea, love you but pls fix the tinny audio!!!

[@nesser1352]

I get charging exorbitant amounts for rent is extortionist but what about charging something that actually covers the housing and allows an amount for your troubles. Do people really think the government is going to give us housing for free?

[@cuhweenuh]

No one is asking for handouts. What you described is fair, renting at “market value” just because everyone else is does is not fair. “Market value” right now is exponentially higher than the actual cost to maintain a unit, which is why many feel landlords are exhibiting extortionist behavior

[@shnn1a]

Love that her boyfriend pays rent! Lol

[@miaa7097]

There is no bubble, Simple supply-demand analysis, and you will realize that there is so much more demand. The USA still needs over 4 million homes to home all the millennium generation.

[@iknowyouwanttofly]

This coment section needs to be moderated

[@annarchydeclutteranddesign413]

Shouldn't insurance have covered a flood in a bathroom?! If you are prepared to pay extra premiums, you can even be covered for loss of rental payments.

[@BudgetGirl]

The total cost out of pocket for the kitchen flood was less than the $5k deductible for insurance so I paid out of pocket.

[@annarchydeclutteranddesign413]

@@BudgetGirl Hi! I didn't expect yourself to respond! Thank-you. That is a high deductible - but fair enough. The greatest expense I had with a tenant was getting their stuff carted away - Charity shops did not want it! In NZ due to our initial Lockdown, we could not get rid of tenants till after a certain date, and tenant had not told us of a leak through the roof - expensive! We had to pay for that. You sound like me - I loved to invest in properties, and renovate them myself - but I had the advantage of existing a couple of decades earlier than you when the Market had not gone so mad. So what you have acheived is particularly impressive. : )

[@BudgetGirl]

you too! And sorry about your tenant, the roof and stuff sound expensive!

[@annarchydeclutteranddesign413]

@@BudgetGirl We have since replaced him with a couple with a child who keep the place immaculate - but do not always pay rent!

[@BudgetGirl]

@@annarchydeclutteranddesign413 oh no. thats another problem

[@joymarshall3242]

Budget Girl lives in a college town in the middleofTexas, Texas A&M University, where land is relatively cheap.

[@eldermillennial2000]

I live in Texas and prices are going up!! Bought in 2017. Wouldn't be able to now.

[@albertokelly9243]

Most times it amazes me greatly the way I moved fro an average lifestyle to earning over $63k per month, utter shock is the word. I have understood a lot in the past few years to doubt that opportunities abound in the financial markets, The only thing is to know where to focus.

[@mccarthylauren6816]

I’ve heard a lot about investments with her and how good she is, please how safe are the profits?

[@yamahayua4802]

Bitcoin is the future, investing in it now will be the wisest thing to do, especially with the current dip..

[@donaldwest3219]

This woman has really changed the life of many people from different countries and l'm a testimony of her trading platform.

[@leonidigor8833]

Good to see how you guys came up here to show keen appreciation to Angelia Marie Brown,This was exactly how I got recommendation about Mrs Angelia Marie Brown, at first, I was a bit skeptical but eventually I gave her a trial. With my little investment, I got huge profit 🙂.

[@jungwhat]

Yay budget girl!

[@BudgetGirl]

Thank you!

[@gingertea123]

I'm a fan.

[@BudgetGirl]

Thank you!

[@xm2895]

“I’m a nightmare” Hahahh I relate to that

[@BudgetGirl]

But a nightmare that understands the contacts 😅😉

[@xm2895]

@@BudgetGirl yes!! I ask all the questions when I am singing a contract or applying for something. Sometimes people won’t tell you the full extend of the terms and conditions unless you ask, and is better not to assume

[@andziazach]

Seems like the microphone is not working?

[@MsEriKaT]

Where is the camper link?

[@stonecrow00]

lease with the boyfriend could be a headache if the relationship ends before the lease

[@BudgetGirl]

its a month to month :-)

[@nudebout]

Love your channel but the quality of the sound on this one was really not great.

[@avril14thlove]

Chels what happened to the audio on your end this video?

[@thefinancialdiet]

Some technical difficulties unfortunately!

[@rijgddurfncg]

I don't want to sit through the bad sound on this episode to listen to a landlord--can someone tell me if they address the problematic ethics of being a landlord at all? Or do they assume that there are no deeper issues to delve into?

[@katarh]

A landlord who is charging a fair market rate (not an exploitive one) *and* holding up their end of the bargain for repairs ensures that their renter doesn't have variable costs, and anything beyond the charged rent is paid for. The example she gave in the video was the fridge going out - if someone is renting, that's not an unexpected expense they suddenly have to deal with, it's the landlord's problem to fix. The other end of the contract is that a renter can leave at any time, either when the lease is up, or with adequate warning and a penalty to break the lease early, leaving the landlord with any costs and no tenant. It's not likely to happen these days due to the housing shortage, but there was a time when a landlord could have dozens of empty units with no renters and have to pay all the associated costs themselves. That mindset bankrupted some of the wannabe AirBNB who overleveraged when COVID hit. It's the landlords who are charging far more than a house or room should really cost, or who are not fixing broken stuff in a timely manner, or who are snapping up single family homes with the intent to rent them short term instead of long term (Air BNB....) who are breaking the contract and behaving unethically. That is, having a mortgage and escrow account for a certain amount, and then charging three times that much in rent, and then NOT replacing the broken fridge as soon as possible.

[@rijgddurfncg]

@@katarh That's a lot of characters you spent still not really answering my question. I'm not saying there aren't kind, responsible landlords--I'm saying that an economic system which allows people to profit off of providing the basic needs of others is inherently unjust. It's not about the behavior of the individuals, it's about the way the larger process is organized. And yes, I do think this applies to food and healthcare and other needs as well. Collecting extra value (profit) from people who need a particular good or service *to survive* is unjust and is a morally disgraceful way to order our society.

[@Sky-Child]

Well yes - capitalism is a horrible terrible system. But let's face it, it isn't going to change

[@rijgddurfncg]

@@Sky-Child “We live in capitalism. Its power seems inescapable. So did the divine right of kings. Any human power can be resisted and changed by human beings." Ursula K. Le Guin

[@tammiepulley7167]

Echo issues.

[@kiaracodes5166]

Could only listen to the first 10 minutes before I couldn't stand the audio quality :/

[@coneil72]

To be clear, she is losing money every month. Though her income is $140/mo, she has spent over $500/month on maintenance ($13k over 2 years). Her net monthly loss is $400/month. Shouldn't costs of home maintenance be factored into how we calculate the cost of home ownership? What is her calculus here?

[@cuhweenuh]

I’m sorry I’m not usually an all caps person but this episode is just….. STOP TRYING TO PROFIT OFF OF OTHER PEOPLE TRYING TO SURVIVE. HOUSING IS NOT A COMMODITY, IT IS A BASIC HUMAN NECESSITY. PROFITING OFF OF OTHER’S STRUGGLES IS NOT CUTE OR COOL.

[@afranklin8314]

I hope you’re spamming the comments of supermarkets and retail clothing outlets the same way: food and clothing but ESPECIALLY food is a basic human necessity - by your logic, we should get food free right? 🙄😑

[@cuhweenuh]

@@afranklin8314 I did not say give me free things. Do not put words in my mouth. Edit: I’m sorry but your comment is so pointedly annoying. By spamming the comments do you mean the 3 replies I made to other people before giving my own opinion? Is that spam now? Do you enjoy paying $5 for a gallon of milk? Because that’s sounds like the logic you’re trying to use. I’ll argue semantics with you all day long, but I think you and I both know that will solve absolutely nothing and will not help a single person out of poverty.

[@katarh]

@@cuhweenuh So what specifically do you want from housing, if not free housing? I agree, housing is a right, and it should be up to the community to provide affordable housing options if the private landlords have priced everyone else out of rental units. That doesn't mean the private landlords shouldn't also exist to provide better options for people beyond public housing (which in most cities is fairly old and only has minimum repairs to keep it in code.) And even public housing is not going to be free in any city.

[@lukitzo98]

Very disappointing advice! I was really grossed out by the implication that anyone who is against treating housing as a business model is envious of those who can afford it. There are values that stem from places deeper than envy.

[@nanaferguson1351]

"Anyone who is not investing now is missing a tremendous opportunity." Imagine investing $1,000 and receiving $8,300 in 2 days profits. Ms Rita Matt is the best.🇺🇲🇺🇸🇺🇲🇺🇸

[@stacybenson6273]

I've worked with 4 traders in the past but none of them is as efficient as she is, her tradlng strategies are awesome!💯

[@aloypascal2799]

Matt Rita has been managing my trade for months and I keep making Proflts every day, I made $8,400 last two days.

[@katrinanumez2583]

Amazing, I also just started trading with Ms Rita Matt, with an initial investment of $1,500 and I've made up to $9,600 in just 3 days of trading with her, her strategies are mind blowing

[@janemunsey9753]

Couldn't believe myself untill I got a profit of $8,600 with an initial startup capital of $1,500 in 2 days I love Ms Rita.

[@rosiepatrick2775]

Same here, I started with 2,000 now earning $14,500 every 3 days in profit with her program

[@katsmith8263]

7:30 I don't want to be her boyfriend 🤣🤣🤣🤣

[@EngeltheMage]

Really not a fan of this episode. Disappointed in this kind of advice FD

[@mothsocks881]

Kind of disappointed with this one tbh; TFD seems to be aware of capitalism and the inherent exploitation of landlords to their tenants, so hearing Chelsea's praise of "house hacking", landlordism, investment property, etc is a big bummer.

[@saschamayer4050]

Ok

[@saschamayer4050]

49:26