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Buy Your Kids A House In Case They Can't Afford One | Wealthy Idiots React
Team Ramsey Reacts to a video "Buy Your Kids A House Now In Case They Can't Afford One Later". A Real Estate Investor is so convinced that houses will be too expensive in the future and instead of investing for your kids college, buy them a house and use the rental income to pay for college. You'll be surprised where Dave Ramsey's team lands on this one!
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00:00 Introduction
01:05 Dave Ramsey Video on Real Estate Starts
02:00 AJ Gives His Initial Thoughts on the TikTok video
03:46 Real Estate Isn't Passive Income...Kinda
05:15 Will houses be affordable in the future?
08:22 Leveraging to buy Real Estate
11:45 529 Education Savings
14:33 Dave Ramsey's team says debt for investing isn't the worst idea
18:01 Rental Income is not taxable
20:11 Conclusion
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