Life happens and people change. And people get weird when it comes to money. That shit is a recipe for disaster and ruined friendships
@bf2master2017
3 ай бұрын
Yeah… Don’t get on a mortgage with a friend. That’s a recipe for disaster.
@michaelvanhorn3271
3 ай бұрын
Nope...
@Tommy2slices
3 ай бұрын
Ahaaahaa never ever take out a mortage with a friend.
@pmbboc
3 ай бұрын
This is really really really bad advice :( don’t get a mortgage with friends
@CAVEMAN93able
3 ай бұрын
Hahahaha. NOPE!
@_MrLee
3 ай бұрын
Or... Live/Camp in your car... depending on how you spend you money you can save up to $2000 a month.
@robbay8610
3 ай бұрын
Wait for cops to check on you every week. (Depending where you live)
@dcl97
3 ай бұрын
That's some horrible advice. What happens when the house needs maintenance (which they always do). Who pays? Split it? What if one party doesn't want to pay for a new roof? Do the rest just let the house fall apart or eat it and pay while the negligent one is still entitled to their share. What happens when one party damages or alters the home which devalues it? What happens when one party wants to sell and the other doesn't, but also doesn't have enough to cover the other half. Etc, etc, etc...how much would an attorney cost to remedy all that...a hell of a lot more that just getting your own place. Even if that is all written out in a contract clear as day an ugly breakup will still get litigated and will still cost tens of thousands of dollars.
@joekeegan-yc4nm
3 ай бұрын
Friends what you talk about are as rare as hen's teeth. 😂
@Michael-uc2pn
3 ай бұрын
Tip 1: don't insist on living in the "hip" part of town. I know too many people who pay far too much for housing because they either want to live blocks away from where they work in a major city, where all the bars and hangout spots are, or in the absolute best school district (which can change). Tip 2: don't buy more house than you need, it doesnt produce any income while you're living in it, and it just costs more to buy, own, and maintain. I deal with living in a condo because its like half the price of an only slightly larger sqft house with none of the maintenance. Yes there are HOA fees and special assessments, but they're reasonable and much cheaper than maintenance on an actual house would be (I'm also not particularly handy so I'd be paying someone to do it all).
@TubBunnyChews
3 ай бұрын
We're not going into any great depression, your entire frame of reference is wrong.
@AnimalMother60
3 ай бұрын
I wouldn’t trust anybody enough to BUY a home with them. Rent, sure, but buy is mine and only mine. Unfortunately, if you can’t afford to buy a house by yourself, you’re probably not in an environment with the cream of the crop when it comes to financial literacy and willingness to bust ass for work.
@PleaseElaborate
3 ай бұрын
It's not about privacy. It's about selfishness. People aren't willing to actually make significant changes to their lifestyle in order to make room for other people and they're so stubborn about it they'd often rather be alone and broke then have to actually take care of someone else's needs. Incidentally that's why a lot of marriages fail.
@valoanlady
3 ай бұрын
Truer words…
@ynot1935
3 ай бұрын
Dumb take
@wrongwayeric
3 ай бұрын
That's a Big No
@AquariusTurtle
3 ай бұрын
wow... this is a feminist.
@thevoid5503
3 ай бұрын
Hell no !
@benjaminfisher750
3 ай бұрын
None of this will work.
@papiparsons9045
3 ай бұрын
For the love of God PLEASE do not buy a house with a friend. Your friendship will not survive it.
@janijaakola3179
3 ай бұрын
ummm nope... just invest in GME like i did last week lol
@milky1234123
3 ай бұрын
yeah no that is horrid advice 100% people change and then bam someone will force the sell of the home unless you buy them out. If you dont have the money you are back to square one. Money matters a lot to people and ive seen friendships end because of it time and time again. If you cant get a house on your own then dont get one and find something else that works but do not for the love of korean jesus do what you suggest. Hell i saw and ex go half into a house with her sister and you know how people say family is the most important thing? Yeah no when her sister saw a new 2 dollar dick you know what she did? She forced the sell of the house and she dropped her sister like a hot potatoe and my ex had to scramble to find a place to stay. Family is supposed to be the one you trust with everything and if they can do that then a friend is even less reliable since you have nothing to tie you together besides sweet words. I thought about doing this ages ago with a best friend mine when i was looking into buy my third rental and my financial advisor and his own told both us without sugar coating it that buying a house together will destroy the friendship long term when one of us gets mad if one of has a wife who doesnt like other, We didnt go into that house at all i eventually got my third rental on my own and i helped my friend with his down payment. NEVER GET A HOUSE WITH SOMEONE YOU ARENT MARRIED TO OR HELL JUST GET THE HOUSE BEFORE YOU GET MARRIED SO ITS NOT A MARITAL ASSET THAT CAN BE LOST IN A DIVORCE AND NEVER PUT YOUR SPOUSE IF YOU GET MARRIED ON THE DEED. All it takes is one bad day and bam you lose the friendship or what ever and you lose your home if anything just rent the space to your friend and have very clear boundaries and rules so no one fights about crap at all and if they want to leave make sure you can afford the mortgage on your own
@user-ry8dr4uo9o
3 ай бұрын
Such horrible advice
@incognit01233
3 ай бұрын
Buying a few acres of land with family and or friends and putting mobile homes/tinyy homes solar power and natural gas generators on it is the only logical step. Growing your own food taking advantage of sales is the nex.t
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