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This 14-Year-Old Girl Just Bought A House In Florida

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marrec

Banned
Wonder how much she's paying in property taxes.

Depends on how the taxes are assessed. If she's paying on the 12,000 dollar value then it's 800 dollars a year. If she's paying on the previous value of the property, then it's 6500 a year.
 

olimpia84

Member
If she rents it for 700 bucks a month she should be able to make a profit in just a few years down the road. Great investment.
 

Emily Chu

Banned
willowhouse.jpg


Nice tenants.

Season 5 premier of Breaking Bad?

that or Trailer Park Boys...
 

Big-E

Member
I am not usually one to hate but this story is a little misleading. She was smart to ask to sell off the stuff but she still had to have her mom to front half of the total cost plus she is highly unlikely to be paying the taxes for it.
 

Chesskid1

Banned
she had a mom who knows a ton about real estate and can help with renter insurance, broker the deal, deposits, taxes, landlord lawyer who knows about tenant rights, landlord to fix stuff, etc

so she prolly saved a ton cause her mom already knows about this stuff. pretty cool nonetheless.
 

marrec

Banned
If she rents it for 700 bucks a month she should be able to make a profit in just a few years down the road. Great investment.

If her property taxes are assessed at the value of the house before the forclosure sale (100,000) then her taxes are around 500 a month.
 

dejay

Banned
And, here folks, is your typical white trash family with their shitty home.

Coming from someone who's trying to find work...
I haven't found a job yet since I graduated in August.

Add to the fact that I'm applying for GOVERNMENT jobs, which takes infinitely longer than to hire than the priate sector. Right now I'm just waiting to hear back from:

-U.S. Marshals
-ATF
-USAID
-AFPC Intel Specialist
that statement seems a bit lacking in empathy. They might be doing the best they can under the circumstances that life dealt them.

It must be nice to live in the mansion you obviously bought with the money you earned from the sweat of your brow.
 

Dan

No longer boycotting the Wolfenstein franchise
Hmm, so the housing bubble collapse just created tons of cheap property for people with money to buy and hold, and become uber rich in 10 years when things are better?

Hopefully the industry stays busted. Housing has been over inflated and abused as equity for way too long.
 
Coming from someone who's trying to find work...

that statement seems a bit lacking in empathy. They might be doing the best they can under the circumstances that life dealt them.

It must be nice to live in the mansion you obviously bought with the money you earned from the sweat of your brow.

I do have a job. Maybe I should've used the word "career" if that would make you feel better.
 
Wait she has $6000 at the age of 14?

birthday, christmas, baby money and allowance?

my parents put nearly all of the gifted money I received into long term investments when I was a kid and then gave me the money when I was a teenager. more parents should do that sort of thing. yeah, I ended up not having as many toys and videogames as other kids, but I was hardly deprived.
 
birthday, christmas, baby money and allowance?

my parents put nearly all of the gifted money I received into long term investments when I was a kid and then gave me the money when I was a teenager. more parents should do that sort of thing. yeah, I ended up not having as many toys and videogames as other kids, but I was hardly deprived.

We're forgetting the distinct possibility that her parents could have simply given her the money specifically to pay for (half) the house. Sort of as a "take this money and see what you can do with it" lesson that rich folk love to play at.

Who said that?
The thread at large.

I'm tempted to say that Jason's Ultimatum was only called out for his condescending tone, but is there a way to describe something as "white trash" without being condescending in some way?
 

thetrin

Hail, peons, for I have come as ambassador from the great and bountiful Blueberry Butt Explosion
Whoa what? It's not cool to bash white trash anymore? What happened to you, America?
 

Ruprit

Member
birthday, christmas, baby money and allowance?

my parents put nearly all of the gifted money I received into long term investments when I was a kid and then gave me the money when I was a teenager. more parents should do that sort of thing. yeah, I ended up not having as many toys and videogames as other kids, but I was hardly deprived.

From the article:

One day, she went to a house that an investor wanted to flip. "It was filled with all kinds of stuff!" Willow says. "I was like, 'I can sell this stuff if he'd want to let me have it.'"

That was fine with the investor. So Willow sold the furniture and appliances from the house on Craigslist. She did the same thing with a bunch more houses. After a while, she was clearing about $500 a month, and saving a lot of it.

Should have been bold.
 
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