100218_YKBP_A5.pdf
October 2, 2018 www.broadcasteronline.com
1815
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By Daris Howard
Goren and Lilly had been married for just over a year, and Lilly
was growing annoyed with Goren.
He had promised that he would put
indoor plumbing into the house
after they were married, but he
hadn’t. Lilly was tired of bathing
at the hand pump in the summer
and dragging water into the house
to bathe in the winter. Goren didn’t
seem to mind, but then, he didn’t
wash as much as he should, anyway. Working with cattle was dirty
work, and he always came home
smelling like cows.
“Goren,” Lilly said one night,
“things have got to change. We’ve
been married a year, and you still
haven’t put in the indoor plumbing.”
“I haven’t had time,” Goren replied.
“It needs to be a priority,” Lilly
said. “And you need to make sure
you bathe every time you come
home at night. It’s really hard to
keep the house smelling nice for
when people come to visit.”
“But no one comes to visit,”
Goren replied.
That was true. They lived on a
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cattle ranch, and the nearest neighbor lived about ten miles away.
“Well, they might,” Lilly said.
“And we still live here and should
have it nice. I want you to promise me that when you come home
each night, you will strip off your
clothes for me to wash, and then
go bathe at the pump before you
come into the house.”
Goren reluctantly promised,
and also said he would get the
plumbing done. But another six
months passed, and nothing
changed. He kept coming into
the house smelling like he’d been
dragged through a barnyard.
Then one fall evening, Goren
drove into the yard. Lilly had just
done the wash and was airing out
the house. Goren had been branding cattle and smelled worse than
ever. The smell wafted through the
windows. By the time he reached
the door, Lilly was there to meet
him.
“You are not setting foot in my
nice clean house until you have
had a bath,” she said. “Strip off
your clothes and go to the pump.”
Goren sighed, but did as instructed. He went to the pump
Dear Dave,
I follow your advice and live on
a budget, but it’s really hard to save
up for a down payment on a house
because property is so expensive
here in New York. My family in
Indiana says I should buy a cheap
property there, then fix it up and
sell it to get the money I need. I’m
not sure how I feel about this idea.
What do you think?
Adam
Dave
Dear Adam,
I think you’d be smart to back
away from their idea. Your family
loves you and wants to help, but this is a bad plan. Fixing and
flipping properties is a hands-on business. There’s no way
I’d try something like that from 700 miles away. It would be a
nightmare!
When you take on that kind of work you need to oversee
every single step of the process. You’re also keeping an eye on
the help you hire to make sure they’re doing things right. Think
about this, too. You can’t just find a house and expect to get a
good deal. Professionals who flip houses for a living often look
at dozens of different properties to buy just one. It’s not an
easy way to make money, and it’s not something I would advise
doing from a distance.
I know it can take a while to save up cash for a down payment on a home. But don’t let a case of house fever push you
into making a bad financial decision. Have you considered getting a part-time job for a while to bring in some extra cash?
A house should be a blessing, not a burden. Trust me,
waiting a while and saving up is a lot smarter than fixing and
flipping houses three states away!
— Dave
Ramsey
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while Lilly picked up the clothes
using a couple of sticks, hauled
them around behind the house,
and dumped them into the barrel
of wash water. She had just entered
the house when she saw a dust
cloud about a mile away. It was
a telltale sign that someone was
coming down the old dirt road.
Goren had seen it too, and he
streaked toward the house to get
some clothes. Lilly saw him coming, and she was not about to have
him come in and stink up the house
when visitors were coming. She
beat him to the door and locked
it. Goren pounded on the door, but
Lilly was not inclined to unlock it
until he finished his bath. Goren
must have realized it, and with the
pickup approaching quickly, he
dashed around to the back of the
house. But Lilly had already locked
that door.
Goren was desperate as a pickup pulled to a stop in the yard. He
decided to hide in the outhouse.
He peeked out and saw two ministers from the church step from
the pickup. Lilly unlocked the front
door and invited the men in. As
they entered the house, they said
they had come to visit with Goren.
“Um, he’s indisposed right
now,” Lilly said.
“We’ll be on our way, then,” one
of the men replied. “But it’s a long
way back. May I use your outhouse
first?”
Lilly didn’t know Goren was
in there and said yes. Goren panicked. But hearing the men’s voices
from inside the house, Goren realized the windows were still open.
He slipped out of the outhouse and
dashed for the opposite side of the
house as Lilly and the two men
came back outside. Goren climbed
on an old milk can and had just
stuck one foot through the window
when the window crashed down on
him, causing him to slip and trapping his foot. The falling window
had broken out some glass, and the
noise brought Lilly running back
in, with the two men close behind.
And there Goren hung, upside
down, in his compromised state.
And within a week, Lilly had
indoor plumbing, because Goren
suddenly felt it was a priority.
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Indoor Plumbing
Miscellaneous
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Get A Fresh Start
...the Value
Dear Dave,
I got laid off a couple of months ago, and I’m behind on the payments for a rental property. I found a full-time job recently, but it
doesn’t provide enough income to cover my other bills and the
mortgage on this property. The other day, I received an offer from
someone who is willing to buy it for what’s owed on the property.
I’m not sure that’s the best thing, because I owe $70,000 and it’s
worth around $150,000. What do you think?
Travis
Dear Travis,
You’ve got one thing right. You definitely need to get rid of the
rental property. I’m not sure I’d jump at the offer you just received,
For Your Classified!
but if I were in your shoes I’d slash the price way below value and
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sell the place.
Right now you’re broke, and you’re still trying to play real estate
investor. That’s not a good plan. I’d put a price tag of $100,000 on
it, so you can move it fast and
still see some equity in the deal.
But sell it today!
By doing this, you’ll have
a nice chunk of cash in your
Earn as much as $400+ this month
pocket, and you can get something of a financial fresh start
& $120 this week
— one that includes living on
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staying out of debt!
— Dave
* Dave Ramsey is America’s
trusted voice on money and
business, and CEO of Ramsey
Solutions. He has authored
seven best-selling books, including The Total Money Makeover. The Dave Ramsey Show is
heard by more than 12 million
listeners each week on 575 radio stations and multiple digital
platforms. Follow Dave on Twitter at @DaveRamsey and on the
web at daveramsey.com.
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