Fix up the house yourself instead of borrowing
Life tipsRenovate room by room, debt-free
Quote
So now we're going back and just gutting a room doing all the insulation here Yes, I hear it's just all that stuff this like yeah, so I'm just doing all that stuff myself because I'm not about to like drop a you know $50,000 equity line instead.
Episode 176: Angel Number (episode page, opens in a new tab) 00:06:46 (play audio from this timestamp, opens in a new tab)
Speaker-labeled
Summary
Dave bought a very old, run-down house cheaply, did the emergency structural work first, and has spent about ten years renovating it himself room by room (gutting and insulating) instead of taking out a $50,000 equity line. From the start he decided he wasn't going into debt for the house.
Not in the audio. This is Dave's personal approach, not financial advice. The 'not going into debt to this house' line is a separate turn at 00:07:07.