Here’s Why I am Selling This House

[@TheWoodruffnavy]

Hard hat was from me the patches are mine from active duty. There was a letter thanking you for all your support I’m 100% disabled vet Ben out for a year you helped me on my rehab.

[@AshFromEarth]

Glad you’re doing well man 💪🏼

[@jeannenelamm4288]

Thank you for your service‼️🇺🇸🇺🇸🇺🇸

[@atlanticancameos5131]

Hell yeah brother 💪

[@lindascott6637]

Thank you for your service!

[@SaulTink]

Matt needs to see this one!

[@Random12231]

I was in a similar situation in my mid 20s and made almost identical decisions. Bank approved for 300k, bought for 128k. House is now valued in the mid 400s. Housing market is insane and I don't envy anyone trying to get into it right now. Consider myself extremely lucky to be in the position I'm in. Sadly it's a lot harder for this generation to find those kinds of deals without going for a total fixer upper

[@SalamanderS337]

you probably could have made that statement back then housing will just increase that is not a new trend, so it realy doesnt matter if you want to invest you gotta do it asap

[@jayhill2193]

@@SalamanderS337 that's how bubbles form and every now and then, they burst. Of course that's nigh impossible to predict and you don't wanna miss out on the boom before, but some folks will end up not very lucky.

[@CoreyFlickinger]

Me as well! Bought for 126k. Oct 2020. Zillow doesn't satisfy the equity it doesn't see on the inside.

[@mc4906]

Well I'm sold Matt. It sounds like you put in a lot of time and thought about this decision. Who knew that the young veterinarian putting Glocks in the microwave back in the day was such a good businessman.

[@ecaldrone]

He forgot at the very least realtor fees and capital gains tax. Average is about 6% of the house price for realtors ($19,500, selling at $326,000)and I'd be willing to bet he's in the upper bracket for capitol gains, around 35% ($70,000, pocketing $200,000). So, that 326,000 gets cut down by quite a bit. So, if he uses all 236,000 left, that drops his "interest @ 7%" to 16,500. He'd be losing about $2k a year....and that's just dirty math..

[@DTOM76]

We need more Glock vs microwave videos!

[@arnefines2356]

@@TheR00k1e2 Depends on the loan being serial or annuity

[@loracorwyn3713]

@@ecaldroneif he used a realtor. Could be a private sale.

[@ecaldrone]

@@loracorwyn3713 that only gains him $1000 yr in saved interest, plus I was being kind on the capital gains tax....he still loses by selling.

[@121Corey121]

Just being honest, your talk from roughly around 8:00-10:00ish (very rough estimate) was the perfect thing I needed to hear in my stage of life. I have watch you for... what.. 10 years? I am amazingly happy, beyond joyful, that I am STILL watching you... and none the less.. still learning. You, sir, are a true man. God bless you and your family and ever endeavor you may take. You are my hero.

[@mattb4571]

Yeah idk how you juggle everything and keep on top of businesses, yt channels, all your vehicles, the ranch, all the other "small" projects, and you cant forget about family which is the most important. Mad respect to you!!! Love your content!!

[@undergoddess]

theres a mere and a jenna.

[@Mudbuttmoody]

Yeah him and Cleetus are both maniacs when it comes to business

[@t8erlove]

He’s not doing it alone. He has a great team and an amazing wife that helps a lot.

[@JB10651]

@@Mudbuttmoodyand HeavyDSparks.

[@MrCrybaby95]

I’m convinced that Matt has 3 twins brothers to keep up

[@joydavis1670]

Thank you so much for encouraging the "debt free" route & Dave Ramsey. Good stuff. You are doing an awesome job. So proud of you.

[@tylerbrand5149]

I follow Dave Ramsey and I’m on the baby steps. I’d love to hear more about y’all’s journey through that in the early years. You’re an inspiration to so many, I feel like your story following Dave could inspire so many to start the baby steps.

[@ProGunsZach]

This is great advice for 5+ years ago. Unfortunately, that house almost tripling in value for you means it nearly tripled in expense for others that want to do something similar. There aren’t many houses that new families can afford right now.

[@frazierk300]

Amen man

[@SlurmDude]

As a new homeowner, i really appreciated the numbers. Matt out here teaching us the financial advice we actually wanted in school

[@gary_neilson1896]

Except paying off your house with extra cash isn't a good idea when you can invest that same cash and have it grow at a faster rate than your mortgage interest will charge you.

[@jamesgarrison6430]

​@gary_neilson1896 true but if the market crashes you have it payed off and you don't have to worry

[@dakotareid1566]

@@gary_neilson1896it’s a great idea, no debt is better than risky investments

[@THeBoZZHoGG]

the paying it off quick part was right, the calculations...well not so much

[@MrArcticPOWER]

@@jamesgarrison6430 When does the market crashes? The housing market is A LOT more fragile than the stock market. The S&P500, Dowjones and NASDAQ are historically safer then the housing market and will give you a better return.

[@bobbyland3970]

Proud to hear you speak of Dave and his approach. More people need to learn and listen. You are an A+

[@ScottWaa]

The housing market is absolutely ridiculous. As someone trying to buy a house it super hard to get into it. Good on you for helping out friends on the rent side.

[@ABrit-bt6ce]

Bought mine at 20k and it's good for 100K about now. Total poo hole but it's my poo hole.

[@RedSampler]

@@ABrit-bt6ce that,s the spirit..🙂

[@DaleGribbleMD]

​​@@ABrit-bt6ce I bought my poo hole for 20k too. It's worth about 60 now. I'm getting tired of living next to a bar and railroad tracks though. I think I'm going to sell my poo hole... trying to buy a place in the country.

[@bryanb4351]

I don't believe him

[@ScottWaa]

@@bryanb4351 believe who? The place I rent went from 100k to 240k in 10 years. The avg home increased 40% in the last 4 yrs.

[@davidlindsey5078]

RIP Dozer miss that lil pup and he wasn’t even mine so couldn’t imagine how much he meant with the fam just know he’s still in our hearts

[@Shani_Tev]

When ever Matt is at this house he gets super excited about saving, super cool 😊

[@ignorantlyspeaking]

Haha, I remember when he was *writing out the numbers when he decided to keep the house and rent it out. It was a math lesson

[@Barry.ONeill]

​@@ignorantlyspeakingI remember him teaching us about Roi 😂

[@Vinegar_Stroke]

Matt the motivational speaker! I had a car lined up to buy this weekend and I literally took the deposit and payed off my credit card just now. Now I'm debt free but sad I'll miss put on this car 😂

[@izzyplusplusplus1004]

An even better car will come along.

[@Tamcginn]

I’m a numbers person as well so I enjoy seeing how you and Meredith have been able to build your successful business from the ground up!

[@FrnchBlly]

Right approach to explain compound interest rate in simple words!

[@andreasjohansson2339]

I remember when you would bring patients from vet ranch back here so you could monitor them and the kids could cuddle them ❤

[@stevesmith-mc1zk]

It is crazy and heart warming to see how far Matt has come from early days on KZbin. This is such a fun evolution to watch over the years!

[@mikkib17]

Yes!!! We love and see the vision of the ranch. You are brilliant Doc!

[@hook357]

I only knew you from demo ranch but I'm so glad I found this channel. Hearing more about you and Meredith's story and your journey is so inspiring. Keep it up!

[@izzyplusplusplus1004]

I remember watching you and Mere remodel this house. Good ole days.

[@michaelschuler8984]

I was thinking the same thing

[@act4231]

Saved this to my playlist to look back on when I need to fortify my mindset away from instant gratification. Thank you Matt! ❤

[@heatherreich2687]

The fact you showed us the sweat situation I commend you bro that’s a whole new level of confidence and funny as hell!!!😂😂

[@davidjasinski6633]

Thank you for the quarterly financial lesson...I really enjoy them.

[@diseabronx5075]

My Dad gave me the same advice, and now I almost own my own home before 30. Sure it sucked not going out and having a ton of fun, but it’ll be worth it long term.

[@BourbonInhibitions]

No it won't lol. You're only in your 20s once.

[@mikeredrugger]

DEMO!!! My dude so glad to see that you like these and hopefully you get to put them to good use! Thanks so much for the shout out Demo!

[@OffTheRanch]

Thanks for making them and sending them brother!!!

[@mikeredrugger]

@@OffTheRanch Any time. If yall ever need knives for destruction testing let me know. I have no problem hooking ya up

[@mars5116]

Honestly i would watch 24 hours of you talking about interest and paying off stuff as a mid college student 😂 “makes total sense” yeah when you say it!

[@HeyMichaelLeo]

That is some solid advise, thank you for presenting it in such a way. I have been debt free for over a decade now and am now in the happiest place in my life. Never going back to the slave life. One of your best videos bro.

[@KenG....]

Thank you for teaching the importance of being debt free.

[@anselpronk8779]

I love your financial advice. It’s always how I have had my principles. Even renting out for little lower to friends to bless them, they will in return take care. It’s so true! I can affirm this. One more principle I love to apply: always be generous in giving. Giving to those in genuine need. It gives a peaceful, joyful and blessed life. Thank you again.

[@curtiscorzine5718]

Thanks Matt! This was what I was needing today. been looking/wanting a new truck but still have some bills. Thanks for the reminder!

[@383CudaMatt]

This is one of the best videos that you’ve ever posted!! Very solid advice that everyone should follow. I sent this to my teenage sons to reinforce that Ramsey philosophy that I’ve been flooding them with. Thanks for the great content!!

[@skwag4]

Dave Ramsey comes on the radio right as I'm getting off work. I listen to him everyday during my 45 minute commute home. He's awesome, taught me a bunch of good lessons. Definitely worth the listen.

[@Miragexe]

Crazy that the house tripled in value, going to be a lot more difficult for people to buy a home when everyone buys them to flip them.

[@waynelawless6699]

Dave Ramsey and his team are awesome! We are on baby step 2 and so close to being debt free and changing our family forever! Thank you Matt for mentioning Dave Ramsey in another one of your past videos. Life changing!

[@dakotaaddair]

Better today for a better tomorrow! You’re an inspiration! Keep at it!

[@goodthiefphoto]

Such great advice! I wish I had this advice when I was younger and I hope a lot of younger people are listening to this.

[@Cpt_Kinz]

Love your content man, keep doing what you’re doing! Congrats on selling the house!

[@801mikki]

This is a motto my husband & I have lived by our whole life. All our friends have mortgages & other debt. We’re living in our dream home mortgage free. Only bill we have is 1 car payment. Sound advice Matt!

[@KRT045]

A lot of thought and smart decisions going on. It’s almost like you have an amazing dad who may have taught you a thing or two. 😉

[@roellek16]

I love Mikey and his energy.

[@jeremylandis4228]

And hope he is careful during his shenanigans!

[@AndrewB416]

This is important information for everyone to hear that most people either don't know or don't talk about. Good job Matt.

[@cherylsmith-bell6509]

Thanks for the lesson. Very important to show a generation who are used to instant gratification. Good on ya! Kitten is adorable.

[@hike2]

Dave Ramsey is sooo right! I know because I didn’t listen to him early in life when I could have. I do now, 15 years too late. His course works and works surprisingly fast! You will feel good about saving, as soon as you see a little $ accumulated and you realize you could survive losing your job, it’s all worth it!

[@steveward8724]

It's been a long time since we have heard from this Matt. I've missed him. Glad to hear from him again. Dave Ramsey needs to hire you. Thanks Matt.

[@paulosanderson785]

Whether intentionally or not, Matt just gave everyone who watches this channel a free lesson in wisdom, personal responsibility, and self restraint. The lack of those three things is why our society is in trouble. Well done Matt.

[@TBassFactory]

Smart move Matt. I’m doing the same thing down in Seguin. Bought one for 130 and gutted now I’m doing drywall.

[@DaveAwesome]

You should hire your own construction team to build all those places back at the same time. Buy all the lumber at once from a supplier, not a box store. Then the siding could be how you make the cabin look different from the bluff buildings or main utility office building. Consider too all the buildings at the resort with metal roofs are good. I saw some pretty cool metal roof tiles that were for sale the other day.

[@youtubebandme4382]

That's a good idea

[@MAGAMAN]

Yeah, home depot is the worst place to buy lumber.

[@ignorantlyspeaking]

Codie Sanchez follows this man. He's likely to own a construction company before we know it. He's about to get even more solid mentorship.

[@youtubebandme4382]

@@ignorantlyspeaking yeah ok

[@ignorantlyspeaking]

@@youtubebandme4382 what are you trying to accomplish here? Did you just have a sudden urge to express yourself and those were the words that surfaced? Is it delightful spreading unnecessary negativity in the world?

[@jamesglass367]

My respect to you matt thank you for the channels you and yourdad put out FANTASTIC

[@paulhoffman6947]

Thank you you mention Dave Ramsey, and one of your videos a long time ago about unless you make $1 million you shouldn’t buy a brand new car. And ever since then I’ve been listening to Dave Ramsey and following him and it’s to make a world a difference in my life.

[@brianjcruze]

i love hearing that you are a number/digits guy. you deserve everything you have and more to come

[@Coop1588]

your the big brother every man needs.

[@crixmorgan]

Hell yeah man!! Dave is the man when it comes to paying off bills and staying ahead of the game!! glad you got that bug!!

[@Blackwolffe097]

I was actually thinking about this house the other day Good to see it again

[@BamaJoeBob]

Great props to Dave Ramsey, I’ve followed him for years. Just an all around feel good video, great job Matt!

[@Janer-52]

Absolutely! It worked for me as well. Made over 250K off a 90K house I kept for 30 years. My retirement is secure, and I'm living totally debt free.

[@tubeonline629]

How bad were the taxes on that 160,000 capital gain?

[@raynman6466]

Your retirement is secure with 250k??

[@bill426worker5]

Hello Matt I am proud of you for making this video, your information can be very helpful to your subscribers and they should take your advice given your successes in life. I have the utmost respect for you and your entire family for this success that you have achieved. I hope that your subscribers take your advice to heart because you have a great record of success with your financial discipline. Just a short explanation of myself I am a retired construction worker living in Thailand just to spice things up but I have always been financially conservative and I am enjoying the benefits of financial discipline. I hope for the best for you and your family in the future.

[@yuGtahT]

A sweaty Matt is a wise Matt...

[@cathymcglasson6947]

Glad to see EL Dorado back and your kitten is so adorable.

[@bentleyboy58]

That Ford GT will probably appreciate more than 7% per year

[@tboy3724]

That couda dually is probably not lookin so great at this point

[@scottyzevt]

Thanks Matt! I feel like you made this video for me. I've been wanting a nissan z. I've been looking alot. I only owe 50k on my house. Thanks for helping me re focus on the priority.

[@ElegantMessTechPC]

Love the life lessons with Matt episodes, they're always the best !

[@karid.4371]

I ALWAYS HATED MATH!! Here all I need was Demo Ranch as my Math teacher!!! Loved seeing the numbers! Thanks for the lesson.

[@samtomkatt]

When Matt actually charges fair rent, good landlord moment

[@lesliesteele3926]

That house would rent for $2,300-$3,000 in my area. It's insane, not even accounting for the requirements they have gotten to for qualifying.

[@ChrisWijtmans]

here i was going to fsay that the house 500 too much. inflation is insane indeed.

[@nicolivoldkif9096]

It's much easier to have lower rents when you have good tenets.

[@jokerman213]

Hey Matt. When it comes to lowrider hydraulics, the best way to bleed air out of the system is to lift and dump the front or back of the car with the pumps fill hole on then pump tank open a few times.

[@robwigglezz944]

I remember paying 600 a month for rent in my first place same house is now 1300. How can young people even afford to get a house these days

[@loracorwyn3713]

They can’t

[@blanquitodjj]

I love these videos! I’d love to see more of the financial details about how you do everything you do

[@builtbybo22]

Ranchtang all the way!! Let the tires burn baby!! #BuiltByBo

[@shellydehart8217]

You’ve definitely done your homework. Smart move in selling your first house. Like you said it’s gonna be satisfying in the end. Very proud! ♥️😊👍👍🌟🌟👍

[@elly0443]

I really appreciate you explaining how to save and what not. Nobody explains that stuff to you at school or after school. I need someone to teach me

[@tmarkley6788]

I felt personally attacked when he said you don’t need that motorcycle 😂. I can’t wait to see more progress on the ranch!! Keep up the great work buddy

[@auroraborealis1]

I still remember the good old days when some of the rescue animals from an early Vet Ranch explored your garden. Gosh, has time flown by!

[@mattmccauley4059]

Really miss the outro with Dozer in it!!.. the pool, the water hose, the gear, and him drinking the spraying water off to the side.. lol that was awesome!!..

[@skyhound4373]

I need more videos like this! Thank you for sharing your investment wisdom. It REALLY helps me structure my life better.

[@funnyfarmdad9997]

Financially I agree with you Matt, except for the new lawn mower. I really do need a new lawn mower. The one I have may make it through this season.

[@ashleecrawford8395]

We would LOVE to see the lowrider at Bristol!!! We met you there last year which was a bucket list dream come true for my husband. We will definitely be back to meet you again this year 🙌🏼

[@denices7884]

You are such a good person. I love the numbers too. Glad to see you being able to work on the ranch.

[@jerridavis6462]

Thank you Matt for the get out of debt talk I’m going to share with son in law! Words of wisdom!

[@bradypease6394]

I have NEVER had a KZbin video basically @me while talking about car payments and such I needed all of this info Matt thanks dude and the resort WILL NOT BURY YOU

[@nick94657]

I'm glad you chose the name Mauser. I loved it when you kept saying it.

[@dougdobbs]

Nice to hear solid financial advice and a testimony from you that it works. Well done, sir!

[@leadfarmer4113]

Crazy that I've been here watching you fix this house years ago now I'm here while you're selling it like 10 years later.

[@johngross8300]

Thank You Matt, knowing the GT will not happen!

[@TheWiggleFish0114]

You should look into seeing if you can make it so you can put paddles on the wheel in the el dorado for the hydraulics so you can do burn outs and lift and lower effortlessly.

[@Hobbies4Hire]

Great job on the video folks! Thanks for making it.

[@johnnygarcia890]

These are my favorite types of videos. Thank you Matt for showing us a glimpse of your financial life. You’re a great example to some younger guys like me

[@guitarshredder133]

Hell yeah Dave Ramsey is my dude he has taught me so much about finances. His entire team is amazing.

[@jaredpeters8528]

I feel this, I just sold my first house so I could buy my second house. Not a whole flipping resort like you, but it's a nice house. We rented out the other house but we moved several states away and it was too hard to try and maintain that property. Looking forward to coming to see the resort once it's..... actually a resort again.

[@carsonwashburn1]

Thanks for this video. Really appreciate the insight and the life tips. You're a great guy Matt.

[@DannyC1990]

finally caught up on all your of your 513 off the ranch videos. On to demo ranch, TEAM DEMO

[@modernprometheus5436]

Went to the Bunker yesterday. Ms. Bixby was amazing and very accommodating.

[@unorthodoxwisdom2666]

Thanks Matt, I appreciate the advise.

[@johnlineberger9560]

Sound Advice. Keep preaching the word

[@NickJThibault]

enjoyed this video Matt. hopefully everything is good with the resort

[@knrubz675]

Thanks for the reminder Matt. 🤙

[@JBoBo_69]

i remember seeing the vet videos in the back yard when they would recover it was great

[@rafaelpaun1907]

Love this. I own a rental property and I love it, plan on keeping it for a long time, but in 10 years if the time is right, I will sell it and be happy with her proceeds like Matt is.

[@kennethjr1743]

I watch demolition ranch since I was 10 years watch off Ranch since you made the vlogging channel since the beginning I have learned a lot from you, Matt, one day I want to own a truck trailer and own some land one day

[@marcorandazzo3583]

Thanks for the great advice your the man Matt

[@axelbulanadi]

I was about to buy something for myself and thinking twice on buying it then I decided to think and watch some videos on youtube and this video was the perfect video to watch on my current situation. thank you Matt!