Our first question of the month comes in from Christie from Cincinnati:
I love the podcast. I have two questions.
How long have you been on Dave Ramsey’s Baby Step 7?
We are on Baby Step 7 with 1 paid-for rental. We are considering selling the rental property and just investing in a mutual fund instead.
I know you keep talking about buying a rental, but after 8-10 years we are finding it really isn’t making as much money as we think the stock market could. And we won’t have to worry about tenants calling with a problem.
For this month’s Mortgage Freedom series, we’re talking with the McCoy Family! They partnered together to pay off their mortgage early.
In the 3 years that I’ve been doing my podcast, I’ve never interviewed both parents and kids together! That’s what we’re going to do today.
J’Neal, Jeremy, Jensen and Miller McCoy are from Nixa, Missouri. J’Neal works at the local technical community college and Jeremy is an Assistant Principal at the local high school. And Jensen and Miller are currently working their way through 6th and 4th grade.
So you’re ready to pay off your mortgage?! Congratulations!
There are some important hoops you have to jump through to make this momentous occasion official. After all that hard work in paying your monster loan, let’s make sure you cross all your “T’s” and dot your “I’s”.