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April 14, 2025 • 41 mins

In episode seven of The Rent-ish Pod, Zach and Patrick dig into the rural housing trend that’s taking the country by storm: Barndominiums. They break down this New York Times article and share their (very strong) opinions on the rise of barn-style homes, steel siding, and whether they’d actually live in one.

Then, in the RE Reel segment, it’s a throwback to one of the most iconic TV apartments ever — Monica and Rachel’s impossibly spacious New York pad from Friends. Zach and Pat put on their real estate hats and ask: Could this apartment exist in real life... and who’s footing that rent?

To wrap it all up, your favorite duo tackles a fresh round of Listener Questions — from quirky landlord issues to real estate myths.

📬 Got a question, story, or barndominium blueprint you want to share?
 Email us at questions@therentishpod.com — you might just end up in a future episode!

🎧 Hit play for barn homes, sitcom rent scandals, and chaotic Q&A goodness.

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Transcript

Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
SPEAKER_00 (00:00):
Ooh.
What's going on, everybody?
Welcome to the Rentish Podcast.
My name is Zach, and I'm herewith my co-host, Patrick.
What up?
We're your hosts for the RentishPodcast, which is a podcast
that's kind of about rentalproperties, hosted by two guys
that work in the real estateindustry and kind of know what

(00:21):
they're talking about.
But mostly don't.
Nailed the catchphrase thisweek, man.
Nailed it.
And we've been off the books fora while, too.
That's impressive.
Yeah, mostly we don't.
Which is why I think you'regoing to have fun just listening
to us talk and talk to expertsand learn about everything that
we're learning about or justlaugh along with us for the
whole ride.
We've got a heck of a show,Patrick, today.

(00:42):
But let me ask you first andforemost, before we kind of
detail it out.

SPEAKER_01 (00:45):
Mm-hmm.

SPEAKER_00 (00:46):
How you doing?
I'm good.
I'm on two cups of coffee.
Yeah.
Caffeine necessity right now.
Yeah, extra boost.
Yeah, yeah.
It's been a minute since we'vebeen back here, so it's good to
be back.
But, man, I'll tell you what.
It's just one of those dayswhere it's like I feel like a
slug.
Yeah.
I'm just, like, moving at, like,snail's pace over here.
Yeah, yeah, same.
So we're going to try and up thevibes.

(01:07):
What are you going to do?
Like, we're doing exercises.
Jumping jacks.
I'm doing jumping jacks as we'resitting down right now.
Jumping jacks.
That's good.
I'm moving my arms and legs.
into our producers singing someKendrick lines.
That's all it is.
Yeah, CPR.
We learned that Not Like Us isCPR certified, so you can sing
Not Like Us when you're givingsomeone CPR.

(01:29):
It was Stayin' Alive before thatthat was kind of like the
industry standard for CPR,right?
That was the song.
Well, everyone knows thatbecause of the office bit,
right?
Right.
Well, that's how I know it, atleast.
Well, our parents did that, butnow we do Kendrick.
Okay.
That's how it's going to be.
All right.
We've got a good show for you.
We're going to talk about a newtrend taking over rural America

(01:52):
with property news.
We're going to talk about a fun,famous property from the TV
sitcom Friends.
And then we're going to end itwith some listener questions.
You said there was going to beexperts at the beginning of the
episode.
Was that just a big, fat lie?
You guys are stuck with us.
I said there'd be experts.
On the series.
On the series.

(02:13):
But sometimes there might notbe.
So this might be anexpert-less...
episode yeah let's say this isall for the amateur this is the
amateur hour right here yeahokay cool well maybe there will
be experts who knows we gotexperts yeah we got our producer
we say in the room exactly yeahall right well let's go ahead
and dive into it Real news.

(02:35):
I think that everything, everysegment title we have has the
word real in it because it'sjust like, what do we got?
What are we going to come upwith for real estate news
podcast?
Call it real news, real reels.
It's like, oh man, we're supercreative.
Email questions attherentishpod.com.
I always forget to intro that atthe very, very beginning.

(02:56):
So questions attherentishpod.com.
If you guys want to be part ofthe show, which we do want you
to be part of the show, we wantyou to email them.
We want you to talk to us.
We want to hear from you.
Oh, if you're subscribed on yourpodcast service of choice, like
Spotify or Apple Podcasts orwherever you get your podcasts,
follow The Rentish Podcast.
We would love it if you wouldfollow us and subscribe to us

(03:16):
and maybe give us a review or arating or something like that.
I mean, hey, if the intro banterwas any indication of what
you're going to get on thisepisode, that's a five-star
podcast if I ever hear somemyself.
You usually forget to plug thepodcast.
Smash that subscribe button.
You usually forget to do that.
Yo, smash

SPEAKER_01 (03:32):
that subscribe.

SPEAKER_00 (03:33):
Yeah, I'm going to write that note for myself at
the very beginning as a reminderto plug.
And we're good.
Okay, real news.
Patrick, the trend taking overrural America, Barn Dominiums.
I love that.
I love that name.
I wonder if it's about barns.
I wonder if it is.
Well, did you read the article?

(03:55):
Oh, there's an article.
No, I did not read the article.
You didn't even know if therewas one.
Well, par for the course.
Whoops.
Yeah, no, it's okay.
That's our bit.
You don't read the articles?
Yeah.
That's fine.
I'm here to edumacate you.
New housing trend is sweepingacross rural America, barn
dominiums.
These hybrid structures blendthe practicality of barns, you
were right on the money there,with the comfort of modern

(04:18):
homes, offering a uniquecombination of rustic aesthetic
and affordability.
As housing prices continue toclimb in urban areas, many
families are turning to theseunconventional builds for space,
customization, and cost savings.
There is a New York Timesarticle that was linked out here
by our producer But because ithas a paywall, I also did not
read the article as well.

(04:38):
So this is gonna first foreverything here.
We don't have the money toafford the paywall.
But it's okay because they did agreat job of distilling the
information into this lovelyscript.
that we're gonna talk about.
Quick question.
So you said it blends thepracticality of barns.

(04:59):
What is practical about barns interms of like, you know, if you
want to have a cow in yourliving room but you can't do it
in a normal house?
That's a good question becauseyeah, practicality of a barn is
that it's a barn.
It's where you have youranimals, right?
Like how is that practical?
You know what I mean?
I don't know.
Okay, so some of the photoshere.
Before we get into like thedetails of the article here, I

(05:19):
mean, we got a couple examples Iwould live here.
That is way cooler than my ownapartment.

(05:43):
Yeah.
It does look cool.
Kind of looks like some weddingvenues I've been to in the
South, but, you know, it is whatit is.
You got big curtains there, oldpaintings.
Yeah, it's kind of got that,like, farmhouse aesthetic.
The next photo, though, if youwant to scroll down just a
smidge.
Okay.
You know, it's like, I'm lookingfor a house.

(06:05):
You tell your realtor, like, I'mlooking for a house.
Give me, like, military compoundsheet.
Yeah.
It's like kind of the vibe here.
It's like this big black thing.
mass in the middle of thedesert.
It's like, okay.
But it looks like, it almostlooks like a plant, like an
industrial plant, does it not?
It doesn't look as homey as theinside photo looks.

(06:26):
I don't know if that's the samebarn, or barn dominium, sorry.
Barn dominium, which, have youheard the phrase before?
I know, I haven't until likeliterally 20 seconds ago.
So I've never heard the phrase.
I refer to these as...
easy millennial homes it's beensomething that I've referred to
these a lot as like themillennium like storage

(06:48):
container houses yeah like whenI see these go up in like
different areas of the city orin like neighborhoods where it's
like they have these giantcomplexes or like these things
that come up that they look likethe aluminum looks exciting they
look like shipping containersthey do like the inside looks a
lot more rustic and unique thatfirst photo that we saw but like
the outside just looking like astraight up like shipping
container with like a tin roofyeah that's sometimes for me

(07:11):
what I think of I'm thinkinglike oh it's like because those
came to rise when people my ageand my generation started like
building these big like luxurycondominiums or whatever and
they were like shippingcontainer houses that's always
what I've called thembarndominium is a bit catchier
it's a bit catchier a littleless like harsh yeah right so if
if your realtor is trying tosell you on a on a on a property

(07:31):
they're probably not going tocall it shipping container house
or what's it called a millennialmillennial quick build or
something like that yeah it'slike give it the it's like we
want to raise a house here inthe two and a half or three
weeks.
Millennial quick job.
Put it up there.
All right.
So I'm going to get into thearticle statistics here.
Rise of the barn dominiums andtheir appeal.
So certainly they appeal topeople.

(07:52):
Maybe not to us.
Well, you said that you wouldlive there.
Up until I saw the steel storagecontainer in the middle of the
desert.
But yeah, the inside looksreally nice.
Inside looks nice.
All right.
What is a barn dominium?
Definition.
A barn dominium is a steel orwooden barn-like structure
converted into a fully livablehome.
A originally popular amongfarmers.

(08:12):
The trend has expanded tosuburban and rural areas.
So I guess literally it was justlike, oh, well, we have this
barn.
Why don't we just live in it?
Design flexibility.
They can feature open floorplans, vaulted ceilings, and
large windows, blending moderndesign with rustic charm.
And there's cost efficiency aswell.
Barn mediums often cost 30 to50% less per square foot than

(08:33):
traditional homes, largely dueto simpler materials and quicker
construction timelines.
So there's a big positive.
At least for me, that's a Well,yeah, I was kind of wondering
about that because like, youknow, the open floor plans and
the high ceilings, those arevery desirable traits, you know,
in houses these days.
So like, are people buildingbrand new barn dominiums or are

(08:55):
they repurposing existing barnstructures?
I would have to think that thatwould be something different.
If you're repurposing a barn,like maybe you're like basically
refinishing it or doingsomething else different to it.
This seems like newconstruction.
Yeah.
Like barn dominium as we'reseeing it displayed here is
literally this.
new construction.
I don't see anything aboutrenovating actual old.

(09:15):
So I grew up in Lebanon, Ohio,which is a small town north of
Cincinnati.
It's about 45 minutes north.
Lots of farm houses there.
And they were basically like oldfarm houses that they repurposed
into actual living homes.
I wouldn't call that a barndominium.
I think the condominium idiomadage there makes this seem a

(09:38):
little bit more modernconstruction rather than like a
rustic farmhouse.
And so like, and the appeal isjust how much cheaper it is
given the materials.
Okay.
Yeah.
So that makes sense.
Example, a 2,400 square footbarn dominium can cost around
180,000 to 220,000, which ispretty, pretty good.

(09:58):
I mean, the standard home of thesame size, like with traditional
materials is like close to 400K.
No, that's, that's really.
So, okay.
Got a follow-up question foryou.
A barn dominium expert.
I'm the expert.
Yeah.
you did well actually you didn'tread the article so never mind
um remember paywall paywall newyork times so for example like

(10:21):
let's say that there's like asuburban neighborhood right you
know and there's like an openlot in the neighborhood
sandwiched between like two youknow i don't want to call them
normal houses and be offensiveto barn dominiums but
traditional traditional houses iappreciate you being empathetic
to the things that have nofeelings would people like just
build a barn dominium in like anestablished neighborhood without

(10:46):
other barn dominiums present oris a barn dominium they're like
a barn dominium like cul-de-sacwith just barn dominiums are you
saying is there a barn dominiuma minium right yeah like a like
a uh a multiplex of barndominiums like a like where we
live in this neighborhood we'rea barn dominium neighborhood and
we ain't going nowhere like thatkind of like attitude right yeah

(11:09):
but like because i i get it onlike in like rural areas right
or like if it's just like a bigopen land it's like oh like
let's build a barn dominium butlike in a suburban neighborhood
like what's you know what's thedeal I don't know I feel like
that would be relativelyuncommon to like go so out of
the norm and like especially forlike a traditional residential
neighborhood if you have aneighborhood all the same kind

(11:29):
of houses or whatever there's apossibility that they're like
part of like an HOA yeah youknow that HOA like there's no
way yeah so it's like I don'tknow I feel like it's got to be
like unique land landconstruction.
Like, but you, you, you own apiece of land, you put this
property up and it's probablynot like, I can't imagine that
there's like, like a trailerpark for barn.

(11:49):
It's like, I just don't know ifthat's necessarily a thing yet.
So now that we've got some ofthe basic facts, would you
consider Patrick living in thatnon-traditional home?
See, I, I love the inside somuch, but I think I would like
from the exterior, I wouldrather like get the full
experience, I think, and getlike a, a sort of a cabin look.
Like I would do kind of more ofa cabin look I wouldn't I don't

(12:12):
think I would want the likemetallic outside look so I'm
gonna if that's I would I wouldsay no If that's kind of the
essence of it.
Yeah, the price is the biggestfactor to me.
But then you also have to thinkabout the cost of one of these
houses.
Acquiring it might be cheap, butbuilding one is probably going

(12:32):
to be a little bit moreexpensive.
And you have to factor in thecost of the land as well.
If you're buying a plot of landand then build this barn
dominium, it's like, okay, well,I'm spending...
$200,000 to build a cheaper homewith cheaper materials.
Why not spend just a little bitmore and have something a little
bit more, I don't want to saynormal.

(12:52):
That seems a little weird.
I would, because that, you know,neighborhood or neighborhood
traditional.
Yeah.
Like what traditional really gotthese, uh, barn dominiums
feelings.
I don't want to offend thepeople that live in the barn
dominiums, but the buildingitself, I don't care about
offending the building feelings,but you know, we, we accept all
kinds of home Well, I think forme personally, I would I want to

(13:16):
when I buy a house, I want tolive in a neighborhood, you
know, more, you know, kind ofestablished neighborhood sort of
situation.
And it sounds like barndominiums aren't really like
necessarily as much of a part ofthat.
Also, like in terms of savingmoney, I think I'd rather just
have like a smaller house, youknow, that's that's the house is
like kind of the vibe I'mlooking for rather than even not

(13:38):
even just barn dominiums, butrather than getting a bigger
house.
That's not what I'm looking for.
Sure.
That makes sense.
just in general.
Yeah, makes sense to me.
We're going to get to this here,Dan, when we get to financial
benefits and challenges, butdurability and sustainability is
kind of a concern for me withthese kind of things.
If you're building a place outof cheaper materials, that's
going to mean some other things.
So a couple statistics here.

(13:59):
Popularity for rural areas.
Rural land is often cheaper,which makes large-scale barn
dominiums possible for familiesseeking more living space and
customization.
Homeowners can build barndominiums to their exact
specifications, adding a lofts,workshops, or even animal
stalls.
So you could have an animal inyour barn dominium.
Yeah.
And then trend growth.

(14:20):
So just talking about thenumbers here.
Since 2020, online searches forbarn dominiums have increased by
150%.
Wow.
With significant interest instates like Texas, Oklahoma, and
Montana.
No surprise.
Checks out.
Yeah, I think that photo abovelooks totally like just the
middle of nowhere Montana.
Yeah.
It looks like the Dutton.
Like if the Dutton Ranch existedin modern day.

(14:42):
Do you know what I'm talkingabout?
Yeah, the Yellowstone.
Yellowstone.
Oh, dude, my cousin is moving toMontana, actually.
He's going to do, like, wildfireforests, firefighter forests for
the wildfires.
Yeah, I don't know.
It's very much, like, not thelife I'm living, but, like, they
warned him.
They're like, hey, there's notreally much of a nightlife out
here.
He's, like, perfect.
He likes to fish and hunt andwhatever.

(15:03):
Oh, so it sounds like a perfectplace for...
I'll have to ask my cousin.
Shout out to you, Lincoln.
If he's interested or hasconsidered...
Yeah, you have to report back.
Oh, fun fact here.
Texas alone accounts for nearly40% of barn dominium builds in
the U.S.
Yeah.
Which is crazy.
I mean, one state holding 40% ofconstruction.

(15:25):
Yeah, but it's a huge state,though.
It's a big state.
You know, as far as, like, otherrural states go, I mean, they've
got a huge population.
I'm not as surprised by that, Ifeel like.
Sure.
All right, well, moving on.
If you're not surprised, then...
Yeah, lame fact.
Financial benefits andchallenges.
Affordability.
Lower labor and material costsmake barn dominiums an

(15:46):
attractive option for first-timehome buyers or those looking to
downsize.
Durability.
Steel-framed barn dominiums areresistant to pests, fires, and
severe weather, reducinglong-term maintenance costs.
So it's exactly the opposite.
I thought I was gonna say, like,durability.
It sucks.
No, apparently it's a tank.

(16:06):
It's like the bat tumbler forhouses, yeah.
Challenges.
Financing hurdles.
Many banks are hesitant tofinance barn dominiums,
classifying them as, quote,non-traditional structures, end
quote.
Buyers often turn to personalloans or specialized lenders.
So that's interesting.
If you want to go through thebuild of a barn dominium, your

(16:27):
bank may deny you that loan.
I don't know.
A non-traditional structure.
At least they saidnon-traditional and very
inclusive for the barn dominium.
That is a very inclusiveterminology for the houses.
Yeah, that's good.
We'll start referring to them asnon-traditional structures.
Resale uncertainty.
While demand is rising, resalevalues for barn dominiums remain
unpredictable.

(16:48):
This is an interesting thinghere too.
It's like, you spend all thismoney, You invest in a property
like a normal, sorry, notnormal.
Traditional.
Traditional property.
You invest a lot of money inthat.
You're investing in thatproperty.
Maybe down the road, you'll beable to sell it and sell it for
a profit.
If the housing market continuesto rise.

(17:08):
But with a structure like this,it's so new.
It's so wacky.
It's like you have no idea whatit's going to look like in five,
10 years.
Are you going to be able to sellit?
Yeah.
But also, though, it's like youcould be investing in 1979
Apple, who note like maybe thesethings will come all the way in
15 years super appreciate valueyeah that's a good point Okay,
so in conclusion, bar-to-mediumtrends are reshaping rural

(17:32):
housing by offering affordableand customizable living spaces.
And they may not be foreveryone, but their growing
popularity kind of does signal ashift in how Americans view
homeownership, prioritizingpracticality, space, and
creative design.
Patrick, do you think it's goingto get popular?
Just if you had to predict rightnow, popularity, up, down,
neutral, where are you at?
I'm thinking it's probably goingto go down.

(17:54):
I sort of see it as more like atransient– sort of like craze.
But I could be wrong.
A fad.
A fad.
Thank you for the three-letterphrase.
Transient.
A transient phase.
Yeah, I'm inclined to agree withyou.
I just don't know.
Here's my thing.
The aesthetic of these buildingsalone, I don't know if it's
going to stand the test of timein terms of just like visual

(18:16):
appeal.
Right.
There's a reason why we've beenbuilding the same kind of home
for so long.
And that structure and thosekind of aesthetics, brick, wood,
like the traditional looks of abuilding.
like stone, like the typicalarchitecture.
I just think that that has stoodthe test of time.

(18:36):
Will this aluminum siding barnstand the test of time?
Remains to be seen.
Remains to be seen.
We'll have to see.
Sunday down the road.
But that has been Real News.
And that's it for me.
No, I'm just kidding.
Patrick, you're up next.
Oh, my turn.
Yeah, you're going to talk aboutsome stuff.
Yay.
Yeah.
What's this one called?
Real.

(18:57):
Real Estate Real.
Real Estate Real.
It's a new segment.
Yeah.
And our genius writers have comeup with this.
I wonder if they did Real EstateReal because it's R-E-E-L for
the second real.
Yeah, so Real News is funnybecause it's real news, but it's
also real.
Real estate news.
Right, right.
This is funny because it'sspelled with two E's.

(19:19):
It is funny.
You want to explain why that'sfunny?
It's like a play on words.
It is funny.
Why is it a play on words?
Because they're homophones,right?
Right.
Well, but what's the purpose ofthe R-E-E-L?
To be different than R-E-A-L.
Right, but what is it referringto?
Oh, oh.
Oh, it's because it's aboutmovies and TV.

(19:40):
And why?
Like a film reel.
Yeah, there you go.
We got there.
We got there.
Yeah, it is funny because it isa play on words for about movies
and TV.
So we're going to break down thelocation costs and real world
real estate behind thesefictional homes.
And today's episode, we aretalking about the show Friends.
And we are, of course, going tobe talking about Monica and

(20:04):
Rachel's apartments FromFriends.
The main apartment where theyall hang out.
I mean, there's Joey andChandler's apartment, but the
one...
Kind of like the main sort ofsetting.
It's the one everyone thinksabout when they think about the
show.
I mean, hey, you've been askingfor it, listeners, and you
finally got it.
You're like, Zach and Patrick,why are they doing a real estate
podcast?
They clearly care more aboutmovies than they do about real

(20:28):
estate.
They're like, why don't we havea whole segment where they talk
about movies and TV shows?
You asked, and we deliver.
Friends.
Go ahead.
Dude, I was thinking about thislast time I watched Friends.
I'm like, no shot that there'san apartment that nice in New
York City.

(20:49):
Because they're in GreenwichVillage, right?
So here's the thing.
It's been years since I watchedFriends.
Growing up, I was much more aSeinfeld fan.
Got it.
So in my formative years, Iwould put on Seinfeld.
But Friends was never myfavorite thing.
I feel like it leaned.
Not that we have to dive into adissection of Friends this year.
the show itself, but my problemwith Friends was always that it

(21:10):
felt more like a dramedy than anactual sitcom, like a com.
I felt like the sit was morethan the com.
like it's all this relationshipBS and stuff and I'm like I
don't really care about any ofthat I just want to laugh I want
funny situations that's fairthat's why it's like the
Chandler storylines were alwaysmy favorite the Chandler and

(21:30):
Joey storylines are always myfavorite but it's like everybody
else I'm like yeah also Phoebelove Phoebe yeah Phoebe and
Chandler I thought were thefunniest characters in the show
I did think like Ross while themost unlikable I thought he was
one of the best like writtencharacters like he had the most
flaws and I thought the actingwas better than like you know
somebody okay that's just my youknow interesting i think i think

(21:52):
the show has a lot you know ii'm not like the biggest friends
person but i i like it and i iget the appeal sure no i
definitely get the appeal i imean it's a classic show in
terms of like living in new yorkas a 20 something year old and
like figuring out life like it'sthat that's like a touchstone i
mean right yeah well okay yeahthat's 20 something because

(22:14):
they're like basically you knowwithin our age group like in
that show and And their jobs arewhat?
Rachel's going– what's her job?
I don't remember any of this.
She had multiple jobs trying towork up in the– Friends Wiki.
In the fashion world, I think.
Well, she was also a barista fora sec.
None of them are wealthy.
Let's put it that way.

(22:35):
Right.
None of them– Ross and Chandlerhave good– Ross is a professor
and Chandler is a– I think thejoke is like he has...
I'm looking up what thecharacters did for work, but go
ahead and give me theintroduction here.
Yeah.
So basically, the apartment.
Yeah.
It's in Greenwich Village, NewYork City, which is a

(22:56):
neighborhood in Manhattan.
It's a nice neighborhood.
I've been there.
Actually, I remember I was inGreenwich Village over the
summer.
While we were there, I asked mygirlfriend, I was like, where's
the show Friends take place?
She's like, oh, right here, likein this neighborhood.
So I was like, oh, okay.
It's the actual real building.
There are exterior shots of itin the show.
It's at 90 Bedford Street on thecorner.

(23:17):
So I don't think I saw the exactbuilding, but I'm assuming that
studio itself, like that shot inLA, right?
Like the installation.
oh yeah that was all on thesoundstage right sorry to break
the immersion fans but yeah sothe apartment was a two bedroom
one bathroom unit with an openkitchen and that living room is

(23:37):
huge massive massive living roomit's got a balcony yeah the
balcony was always my favoritepart I was always like that's
cool I want that balcony whichis rare for Manhattan apartments
yeah the space in the apartmentis just like flat out
unrealistic I remember stayingat one of my buddies who lives
in Brooklyn, actually, hisapartment, which is a huge

(23:58):
apartment for the area.
Quarter of the size of theapartment there and had
cockroaches and no central air,central heating.
He's like, trust me, I've gotone of the nice ones.
Yeah, right, right.
You want New York lifestyle?
You're going to have, yeah.
Chill out with the roaches andthe rats.
You want to make friends withthose people and just deal with

(24:19):
it.
Yeah, unless you're in a 90ssitcom show shop.
in LA yeah this seems to be apattern for like sitcoms in the
90s in like or like sitcoms ingeneral like another one another
famous one about like being some20 something in New York is How
I Met Your Mother and there thatapartment is huge like arguably
even nicer apartment they eachhave their own separate bedroom

(24:41):
they have a full bath and theyhave like all this stuff I'm
sure maybe in a future episodewe'll dive into the How I Met
Your Mother apartment too butit's like yeah this seems to be
a pattern is that these placesare much bigger than what these
people can afford well one ofthe things in the show is like
because they kind of I thinkthey acknowledge that how
unrealistic it is especially forlike people who probably
watchers who lived in New Yorklike no way and the the thing

(25:04):
that they gave was that Monicainherited the apartment yeah
from her late grandmother who soI guess it was like in the
family forever and maybe like atthat point in time apartments
were bigger which is like I meansmart of them to have like at
least baked in something towrite that in right yeah I've
got their jobs by the way youwant me to read those off to you
oh yeah Rachel Green was was awaitress turned fashion

(25:24):
executive I totally forgot aboutthat storyline that she became a
fashion exec Monica Geller was achef starts the series as a chef
then she does she's a foodcritic at the end of the show
and a head chef at differentrestaurants Phoebe masseuse I
forgot about that too and amusician Joey actor so and a
struggling actor too he neverdoes anything until Joey so

(25:50):
that's a real deep cut sitcomjoke out there by the way if
y'all didn't catch That one.
Chandler Bing, IT andadvertising copywriter.
Yep.
And then Ross was apaleontologist professor.
Yeah, right, right, right.
Yeah.
So none of these people areraking in the amount of money, I
think, to be able to.
So.
I mean, they are roommates.

(26:10):
They're right.
I think the inheriting the leasefrom the grandmother is maybe
something.
But like here it's saying evenunder rent control, estimates
suggest the rent would be around$2,000 per month in the 90s.
I was thinking way more thanthat.
I was thinking way more too.
Like way more.
Yeah.
At the time, the average rentfor a similar apartment in
Manhattan would have been$3,500to$5,000 per month.
That seems more in the ballpark.

(26:34):
I was going to say probably inthe 90s, like$5,000.
Now, let me ask you.
Even at the highest level,$5,000, is it worth it for that
apartment?
for you for rent every month tolive above Central Perk because
that to me was always the bestpart of the Friends apartment is
that they I was like so they'dend up doing it better how I met
your mother it's easily betterto live above a bar but in

(26:57):
Friends at least they livedabove a coffee shop yeah that's
pretty cool and it looks like acool coffee shop would I spend
like my entire salary just to dothat and not have any money to
buy a latte when I want one no Iwouldn't yeah I don't know I
wouldn't either yeah That's theanswer.
But yeah, I guess in the currentmarket, they're saying a similar
apartment would rent for$6,000to$7,500 a month with some

(27:22):
luxury apartments in the areaexceeding$10,000 per month.
You really have to have like-That's crazy.
Crazy money.
That is crazy.
So could they afford it?
Monica was making between$27,000and$35,000 per year.
Rachel, between$15,000 to$20,000per year when they were both
living there.
That was at her start as awaitress.
So realistically, they wouldn'tneed to spend nearly- their

(27:43):
entire salaries to afford therent, I think probably would
even exceed that.
And actually in New York City,it's common for landlords to
require the 40 times rent rule,which is insane, which means
that a renter's annual grossincome should be about 40 times
their monthly rent.
Yeah.
So meaning they would need tomake between$240,000 and$300,000

(28:04):
per year, which obviously theywere a combined like$55,000.
So yeah, they were like not evenclose.
Huh.
Yeah.
That is interesting.
40-time rent rule.
That might be– we might have towrite that down for a future
rentology or rent– I've heardthe three-time rule, which is

(28:26):
basically your monthly incomeshould be three times the rent
that you pay.
I've heard that.
I've heard it.
So I guess 40 times per year.
So that would be like 36 timesif you're– because they're going
by annual salary.
Oh.
So it should be 40 instead of 36basically.
So is your annual salary– Enoughto pay the rent for a full year,
basically.
It's 40 times.

(28:47):
Wait, 40 times.
Your annual gross income shouldbe 40 times your monthly rent.
Yeah, right, right, yeah.
So you take your monthly rent,multiply that by 40.
Does that match up with?
Correct, yes.
Okay.
Yes, yes, yes, yes, yes.
Interesting.
Seems high.
It does seem high.
Seems high.
It's also, it seems like NewYork, so.
Start spreading.
The official, oh, wait, here'ssome fun facts.

(29:09):
So, Warner Bros.
You said that, so here's somefun facts.
Warner Bros.
launched a touring exhibit wherefans could walk through a
replica of Monica's apartment,and I went to that.
Oh, really?
Yep, yep, yep, yep.
I did this Inside Hollywoodprogram in college for three
weeks, and we went to the WarnerBros., like, did the tour.
see stuff at Warner Bros.

(29:31):
Yeah, so we got to see theiractual apartment.
Warner Bros.
in California?
In California.
In California.
Yeah, yeah, yeah.
This was like, until I read thisfun fact, kind of, I forgot that
I did that, actually.
Because that was before I reallyeven watched Friends and stuff.
There was like the fountain andstuff, too.
The fountain that they take theintro.

SPEAKER_01 (29:52):
Yeah,

SPEAKER_00 (29:53):
yeah, yeah.
Which tickets cost$40 perperson, but I didn't pay for
that because I was on the like afield trip basically but I paid
for it at the beginning you knowthat's cool yeah yeah I think
those experiences are alwayscool like I think they did a
similar thing for the Seinfeldapartment when they did the curb
reunion where they had like areplica of Jerry's apartment

(30:14):
that you could go and like checkout New York City so I would do
that that's kind of cool I justremember being more excited when
I was there because like theyhad like the actual Maltese
Falcon I don't know if you knowthat movie it's like an old noir
movie from the 1940s I know ofit yeah and then I was like they
had the actual Maltese Falconlike the the little statue
thing.
I was like, no way, that's socool.
And everyone else was like, whatis that?

(30:35):
No, I wish.
You didn't try and swipe it?
No, it was behind glass.
So I was enamored by that andeverybody else was like, there's
a fountain from Friends.
Gotcha.
Alright, we're getting the wrapup.
You're like, screw your Friendsfountain, I'm here to look at
the Maltese Falcon, baby.
In conclusion, Friends may haveset unrealistic real estate

(30:57):
expectations for for certainfolks looking to move to New
York City, but it remains acultural phenomenon nonetheless.
Yeah, I wonder how many peoplewent to New York living on this
dream that they could buy a niceapartment as a chef and waiter.
I think sitcoms, especiallysitcoms that takes place in high

(31:18):
expense areas, they've been justsetting this expectation for
years.
One day we'll talk about theFull House house, like the
Painted Ladies.
They show the inside of the FullHouse house.
I'm like, that's a mansion Thatwould not work in San Francisco.
But yeah, it's like, yeah, thefriend's apartment, it's like,
that's been the running jokeforever.
It's like, how do these peopleafford it?
But thanks for running usthrough that, Patrick.

(31:39):
That was a really fun segment.
For sure.
Okay.
Alright, so welcome back toanother fun round of listener
submitted real estate questionsthat have been sent to questions
at therentishpod.com.
As always, we are here to help,but remember, consult the pros
before making any big moves.
So let's jump into this week'squirky, thought-provoking, and

(32:02):
downright entertaining questionsfrom listeners all across the
US.
Patrick, you want to start oryou want me to start?
Who talks first?
I can go.
You want to go?
Yeah, I can go.
Hit me.
Question one, Jordan from Tampa,Florida.
I'm thinking about buying myfirst home but every time I
start looking at listings I getoverwhelmed what's the best way
to start the process withoutfeeling like my brain is about

(32:24):
to explode yeah I mean thefilters is my first thing I
don't know like if you've beenusing the filters you've just
been like just looking ateverything but like I was oh you
mean like just generally onlinelike yeah okay I was like what
okay so you mean like if you'reon like Zillow or something like
that and it's like you want tonarrow down your search exactly

(32:46):
don't just want to look ateverything you want to find
specific things that are finetoo right great thank you for
adding structure and coherenceto what i said i just i was just
trying to like what you like youknow don't forget the filters
and i was like the filters andthen i was like thinking about
the listing site so you'rezillow for example yeah like
pick out like a listing site ortwo when i've looked for for
apartments in the pastdefinitely filters like in in

(33:07):
terms of your price range yourlocation and be as specific as
possible when you start outbecause there's not gonna be a
ton of options if you've likesearched for exactly what you're
looking for but obviously whenyou when you are super specific
again there might not be a tonof options so then from there
you start widening your filterrange widening the location
range that your your variouslike unit feature qualifications

(33:30):
and stuff and so then you canopen it up from then so I think
that's probably a helpful tipthat's a good that's a good call
out I would also say like a lotof those websites Zillow
especially I'm really familiarwith Zillow because I've like
used it to get like apartmentsand even like tangentially look
at buying a house you can dolike search alerts to like a lot
of those websites will set upthings to be like it'll notify
you when something in your inyour area kind of like pops up

(33:53):
or like something for yourspecifics that way you're not
bombarded with everything andyou're just like oh I'll take a
look at things I would say noteveryone wants to go down this
specific path if you want totake matters into your own hands
but getting a like a real estateagent or someone that is able to
like tailor make a list ofthings that are just specific
for you like you can tellsomeone what you're interested

(34:13):
in what you're looking for andthey're able to like kind of do
some of the legwork find thoseplaces and bring them to your
attention that might also easeup some of the burden that way
you don't feel like your head'sabout to explode and you're like
not doing most of the work youcan just be like oh this guy
that I trust this realtor orwhatever they've sent me this
suggestion I'm gonna take a lookat it maybe I want to go tour it
and then you can just let themknow and go go through the

(34:35):
process also side note I knowsome people just like love
looking for homes and apartmentsand houses and stuff like as a
hobby like they do it even ifthey're not looking and I have
like I've got a friend like thatand And my stepmom is like that.
And so I guarantee, yeah, Iguarantee if I, if I reach out
to my stepmom, I was like, Hey,you know, help me, you know,
here's what I'm looking for.
Sure.
Take the time to do that.
I don't know.

(34:55):
Like, you know, obviously likepeople have different things,
but like, you know, it, it, itdoesn't hurt to have somebody
who knows what you're lookingfor, who can help like, cause
obviously like just searchingtakes time.
Yeah, for sure.
Good call outs there.
Uh, question number two, Mikefrom Austin, Texas writes in and
says, I have a neighbor whoconstantly parks in my driveway.
Like it's their own personalspace.
I don't want to start a war, buthow do I start a war?

(35:15):
How do I handle this withoutthings getting weird?
Start parking in their driveway.
I was going to say, I was like,can we give the sarcastic answer
first and then give realanswers?
That's my real answer.
That's your real answer?
So eye for an eye, tooth for atooth, huh?
You just park in their spot?
I don't know.
Actually, I don't know if I'dactually do that.
I would probably talk to them.
Yeah, communication.
Yeah, right.

(35:36):
You're not going to improve yourrelationship with your neighbors
without taking that first step.
A lot of times people don't wantto do that, but be the bigger
person.
Walk over there knock on theirdoor sock them right in the face
when they open I'm just kiddingopen the door and be like hey
man just talking you know I sawthat you parked in my space it's
kind of not cool like just likeyou know I feel like a lot of

(35:56):
times people will realize theerror of their ways if you just
communicate them and confrontthem I think it's probably a
good idea to be like like bringit up and like you know oh like
let's grab you know let's do acookout sometime soon you know
too at the end of that so it'snot all you know it's like oh
you want to get to know them asa neighbor park in my parking
spot bring them a six pack yeahright yeah hey buddy my local

(36:19):
brewery had these beers and Ithought that you would enjoy
them also stop parking in myspace or you could do like a
reserved you put a reservedparking with like you know your
name put cones out just likeline the space up with cones
alright so now the funny answeris what would you do what do you
want to do you park in thisspace parking in space the
reserved parking spot key thecar yeah maybe break a window no

(36:44):
don't take our advice We'rebeing funny here.
This is a comedy podcast,everybody.
Smash the window.
Smash the headlight.
Sugar in the gas tank.
All right, all right, all right.
Comedy podcast, comedy podcast.
No, I think communication is theright answer here.
Who else wrote in?
I'm done with that one.
Who else wrote

SPEAKER_01 (37:04):
in?

SPEAKER_00 (37:05):
Pop the tires.
Pop the tires.
Take off the tires.
Dismantle every piece of thecar, set it next to the car, and
build them a little booklet thatlooks like Lego build
instructions and set it next tothe pieces of the car.
And to say like...
10 and up, ages 10 and up orwhatever.

(37:27):
All right, next question.
All right, question three.
Troy from Chicago, Illinoisasks, would you rather live in a
tiny home with all the modernupgrades or a giant old mansion
that might fall apart at anymoment?
Definitely a tiny home.
Does Troy have to make thisdecision or is he just curious
about which one we would pick?
Because, Troy, I'm sorry ifyou're in that situation.
Right, also.

(37:48):
It's a deeply personal questionbased on your predicament, it
sounds like.
My answer is a tiny home.
tiny home as I said yeah like Idon't care about you know I
actively don't want a huge houselike more than I can take care
of and if it's falling apartlike it's kind of yeah
unfortunately Troy you gave theclarifier that it's it might
fall apart at any moment thatimmediately is like okay I don't

(38:11):
want to live in a house that I'mworried about the structural
integrity right tiny home we'regonna break the fourth wall a
little bit I'm a tiny person I'mlike Like five foot six or
whatever.
Maybe on a good day, five seven.
And Patrick, Patrick, but you'retaller.
I'm taller, yeah.
So tiny home wouldn't be thatproblematic for someone my size.

(38:33):
Like I'm a shorter dude.
But tiny home, yeah, I don'twant to like be crouching down
all the time.
You know, I don't want to belike Gandalf in the Hobbit
house, Hobbit hole.
That's just, no, that's a smartpoll.
I mean, like the clarifier, allthe modern upgrades, it's like,
okay, so it's a small house, bigwhoop.
Yeah, right.
You have all the accoutrementthat you need.

(38:53):
You've got nice bathroom, nicefridge, like washer and dryer.
And the alternative is you'relike, the house could come down
on you while you're sleeping atnight.
It's like, you know what I mean?
Have you ever stayed in the tinyhome?
I haven't actually.
Okay.
So you can.
Red River Gorge has some thatare really cool.
And then Hockey Hills also hassome tiny homes that are really
cool.
I was hoping to do Hockey Hills,like tiny homes.
Yeah.
They're very cool.
Cool experiences.

(39:14):
Cool for a weekend.
Would I get sick of it livingthere as my permanent residence?
Maybe.
Yeah.
Just because I like being ableto like, move you to different
spots of the house and likeshift your energy I'm working
all day in my office maybe Iwant to go to the living room
and like unwind so it's likeit's different if your whole
house is your office your livingroom your bathroom your bedroom
it's like and where you wantlike a blu-ray collection to be

(39:36):
you know sure where am I gonnaput my criterion collection all
right that's everything that wehave for the listener questions
today thank you all forlistening and joining us on
another very fun episode of theRentish podcast hey Pat I think
we've Pulled it together.
Energy was here.
Now I'd say it's like here.

(39:56):
For the people who can't see hishand as he's saying that,
listening to the podcast.
By here, he meant here.
Yeah, exactly.
And by here, he meant here.
Yep, that was a perfectillustration.
Keep following the show, TheRentish Pod.
Questions at therentishpod.com.
You can please follow andsubscribe and like and review
and rate and do whatever youneed to do to tell us that you

(40:19):
love us.
And we would appreciate that.
Thank you all for beinglisteners of the show.
I've been Zach.
That's been Pat.
And we'll see you guys nexttime.
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