Jinjer 58: Going for the DMIN

[SassyPants]

With the rise in interest rates it forced the fall of house prices and cooled the market. However, the mortgage payment will still be just as high. So, unless they paid cash, their payments would still be just as high based off that higher interest rate.

[Idlewild]

I don’t know how easy/difficult it is to get a mortgage where they live, but don’t most lenders want to see some sort of evidence of earning enough to make the repayments? They have their book deal, but the bulk of their income depends on Jinger remaining popular enough to sustain a living as an influencer.

As I say, I don’t know how it works in the US, but here in England I see couples with professional jobs struggling to get loans without saving a huge deposit.

[SassyPants]

35 minutes ago, Idlewild said:

I don’t know how easy/difficult it is to get a mortgage where they live, but don’t most lenders want to see some sort of evidence of earning enough to make the repayments? They have their book deal, but the bulk of their income depends on Jinger remaining popular enough to sustain a living as an influencer.

As I say, I don’t know how it works in the US, but here in England I see couples with professional jobs struggling to get loans without saving a huge deposit.

If the financed with a loan, maybe his father co-signed for them?

[Coconut Flan]

I guess I have to love "The Sun."  A Newhall remodel qualifies as a mansion?  I guess I live in a castle then.  I won't see as much of Jinger and Jeremy unless they do more driving.  You have to bribe me to get me to even visit Newhall.  The last time I was there was pre-COVID when my daughter had trouble getting a DMV appointment and they had the shortest wait for one.  

[FiveAcres]

5 minutes ago, Coconut Flan said:

I guess I have to love "The Sun."  A Newhall remodel qualifies as a mansion?  I guess I live in a castle then.  I won't see as much of Jinger and Jeremy unless they do more driving.  You have to bribe me to get me to even visit Newhall.  The last time I was there was pre-COVID when my daughter had trouble getting a DMV appointment and they had the shortest wait for one.  

Wasn't it the Sun that was talking about Josh Duggar staying in a mansion when he stayed with the Rebers before his conviction on CP charges? Whereas most of the USians looked at the photo of the place and thought it was a moderately sized one story residence. Here is the link to the Sun's article.

https://www.the-sun.com/entertainment/2848127/josh-duggar-mansion-home-confinement-child-pornography-trial/

(Note: Dear reporters for the Sun, people in the US don't consider 2400 sq ft houses to be mansions.) 

[Idlewild]

The Sun is known in the UK for being a right wing rag- prone to exaggeration and downright lies. Many shops in Liverpool still refuse to sell it because of its disgusting lies about the victims of the Hillsborough tragedy.

For ‘mansion’, I would assume they mean ‘house’.

[Mama Mia]

5 hours ago, marmalade said:

It wasn't "annually." They asked how much she had made in the previous year. That was the year her book came out, so their income was higher than normal.

He also said they hadn’t seen any money from the book yet.  So his answers seemed to be an estimate of their general income. Which would obviously fluctuate. What was interesting to me was 1-He stated they got paid for each episode of the show — something Derrik said didn’t happen . And gave a rough estimate of how much. If it was 2 -3 k an episode — that would be roughly $25 k a year — definitely not house buying money, but I’m sure it’s missed!  2- Even more interesting was that he didn’t seem to have more than a vague grasp of how much they made, or how they made it. I don’t know if Jinger was in charge of finances, or they had a person for that, but whatever the case I think you’d need a really cushy nest egg to not have a better handle on how much income you had coming in regularly. 

[FiveAcres]

3 minutes ago, Mama Mia said:

He also said they hadn’t seen any money from the book yet.  So his answers seemed to be an estimate of their general income. Which would obviously fluctuate. What was interesting to me was 1-He stated they got paid for each episode of the show — something Derrik said didn’t happen . And gave a rough estimate of how much. If it was 2 -3 k an episode — that would be roughly $25 k a year — definitely not house buying money, but I’m sure it’s missed!  2- Even more interesting was that he didn’t seem to have more than a vague grasp of how much they made, or how they made it. I don’t know if Jinger was in charge of finances, or they had a person for that, but whatever the case I think you’d need a really cushy nest egg to not have a better handle on how much income you had coming in regularly. 

If people are making income disclosures because they are plaintiffs suing people for damages, they have an incentive to inflate their income as much as possible, since they are trying to show that they have lost income because of why they are suing. In the medical malpractice trial for which a juror, the plaintiff had an "expert" detailing how much services had been lost to the woman's family due to the purportedly botched procedures. Me and my fellow jurors were pretty much rolling our eyes over the detailed list, which in my own opinion, was stuff that happens anyway as you get older. (I was the juror closest in age to the plaintiff.) We found for the defense, and against the plaintiff. 

[Mama Mia]

I don’t know, I guess I just don’t understand why people are so reluctant to believe that even low level celebrities can make a grip of money off social media / YouTube? It’s weird, but there are a lot of them who make enough to live very comfortably.  I’ve shared here before that I have family members and friends of family who aren’t even remotely famous — but make most of their income from this kind of thing. Not fundie at all. Various niche hobbies and interests. 

[SassyPants]

17 minutes ago, Mama Mia said:

I don’t know, I guess I just don’t understand why people are so reluctant to believe that even low level celebrities can make a grip of money off social media / YouTube? It’s weird, but there are a lot of them who make enough to live very comfortably.  I’ve shared here before that I have family members and friends of family who aren’t even remotely famous — but make most of their income from this kind of thing. Not fundie at all. Various niche hobbies and interests. 

But the thing with these 2 is the low effort and ever moving lane. Tshirts and hats for a spell. An obscure children’s book or 2, a short lived podcast and amateur soccer career, and now a You Tube cooking gig. Yes, people who have skills, knowledge, a niche hobby and most importantly a tenacious hustle can make good money. These 2 have none of that. Aside from being from a family with 1.5 dozen kids and marrying into that family, these people have nothing.

[WatchingTheTireFireBurn]

2 hours ago, Mama Mia said:

I don’t know, I guess I just don’t understand why people are so reluctant to believe that even low level celebrities can make a grip of money off social media / YouTube? It’s weird, but there are a lot of them who make enough to live very comfortably.  I’ve shared here before that I have family members and friends of family who aren’t even remotely famous — but make most of their income from this kind of thing. Not fundie at all. Various niche hobbies and interests. 

This.

I got kind of obsessed with researching various small time youtubers during covid.

Youtubers who only get 40k views are obviously living off the money they're making. 

Youtubers getting 200-600k views per video appear to be making upper middle class/"rich people" money.

*especially* if they have video sponsorships.  Those sponsorships are paying 5-10k PER VIDEO.

These people are hiring agents and back office people.

And they're not anybody you've probably heard of and don't make any kind of high end videos.

Jinger is actual famous. Stupid reasons etc but far more famous than any of these youtubers I've looked into who just have oddball niche channels.

 

Just think if you're getting low end sponsorship money at 5k$/ video and doing 4 videos a month (a very common output) that's 20k$....per month.

 

I think jinger supports them and I doubt they have a mortgage.

[Idlewild]

I’m sure Jinger makes the money- it just always seems so half arsed, but then people must be daft enough to pay her. They’ve been living either rent free or very cheaply for years and I expect they have managed to save- everything they wear, eat or do is tagged so I guess it’s free or heavily discounted. We saw with Jill how people just send them free stuff too.

It was interesting that the one event I think they actually paid for - the Michael Buble concert- they had seats right up at the back.

Plus she’s done all this without showing her daughters’ faces which, in Duggar terms, is an achievement. 

[WatchingTheTireFireBurn]

Yeah gifts from people! 

I watch aq youtuber who blogs about life with his dog. They get crazy amounts of gifts that he opens on camera. Regularly gets gift cards in addition to treats and gifts for the dog, him, his daughter, the grandparents, and the grandparents dogs!

Just  40k views slice of life type videos. The guy very obviously no longer works his job and just youtubes about walking his dog.

And then there's Alyssa bates who was getting lots of free clothes from some  fan.

I think jinger is easily more famous than both of these and probably gets random stuff and gift cards sent to her regularly.

[gobucks]

On 10/7/2022 at 8:00 PM, Mama Mia said:

I don’t know, I guess I just don’t understand why people are so reluctant to believe that even low level celebrities can make a grip of money off social media / YouTube? It’s weird, but there are a lot of them who make enough to live very comfortably.  I’ve shared here before that I have family members and friends of family who aren’t even remotely famous — but make most of their income from this kind of thing. Not fundie at all. Various niche hobbies and interests. 

I totally agree. One of the YouTubers I watch recently posted a video explaining in exact numbers how she makes more YouTubing than she did at her regular job with a ton more freedom in her day to day life. It fascinates me. I am curious to see how YouTube/Instagram influencing careers evolve over time. I don't know how many people take into account the 401k matching or insurance premiums from their previous corporate jobs when they compare salaries. That is what would interest me... the nitty gritty details of that. 

[SassyPants]

Well if they’re making enough to support a family, in CA, and to buy a 800,000 home debt free, while paying for a doctorate degree with very minimal effort, GOD BLESS THEM, and everyone should be able to it too.

 Oh to be a child born to the first family who both reproduced irresponsibly AND were willing to sell their family for easy cash.

[Nothing if not critical]

5 hours ago, SassyPants said:

Oh to be a child born to the first family who both reproduced irresponsibly AND were willing to sell their family for easy cash.

 Nah. I still vastly prefer my own life, thank you very much. I’d rather get to where I am on my own merits, without selling my privacy.

[livinginthelight]

The house is pretty easy to find on Zillow if you narrow the search according to info in the Sun article. It's nice but definitely not a mansion. It's crazy how different camera angles and lenses can make rooms look so big. Their master bath actually looks pretty tiny.

I think someone commented on the lack of landscaping in the back yard. This makes a lot of sense in So Cal. We are on water restrictions right now, and for the foreseeable future. The hard-packed earth will work for the kids to play on.

Santa Clarita is HOT!  I wouldn't want to live there. And it's kind of out in the boonies. I think of it more as a bedroom community rather than a destination, unless you're going to Magic Mountain. It's 25 - 45 minutes from any interesting urban centers. However, they are right near Jeremy's school.

Edited October 9, 2022 by livinginthelight

[Coconut Flan]

Jeremy's school is in Sun Valley at the church.  They're near the university not the seminary.  

[livinginthelight]

1 hour ago, Coconut Flan said:

Jeremy's school is in Sun Valley at the church.  They're near the university not the seminary.  

My mistake, I was thinking the seminary and university shared a campus. Thank you for the correction. They are about 17 miles from the seminary.

[HeartsAFundie]

7 hours ago, livinginthelight said:

Santa Clarita is HOT!  I wouldn't want to live there. And it's kind of out in the boonies. I think of it more as a bedroom community rather than a destination, unless you're going to Magic Mountain. It's 25 - 45 minutes from any interesting urban centers. However, they are right near Jeremy's school.

The only thing I know and remember about Santa Clarita is that the 90s hit show "Melrose Place" was filmed in a studio there.  I read it in a fan magazine decades ago and somehow this obscure bit of trivia stuck with me.   

[Coconut Flan]

The NCIS shows are based there.  

[WatchingTheTireFireBurn]

The house has a lof of bedroom but the living space is smallish.

[SassyPants]

On 10/8/2022 at 9:48 PM, Nothing if not critical said:

 Nah. I still vastly prefer my own life, thank you very much. I’d rather get to where I am on my own merits, without selling my privacy.

Absolutely, and Jinger is working with the cards she was dealt. With no education and limited, cloistered social skills she has very little legitimate earning potential. Jerk has had much greater opportunities in life, but he has chosen to coattail on JB Duggar. Ironic, if he did ask for a separate contract while they were working the show.

”Jerk” was an autocorrect that I am choosing to leave.

[AprilQuilt]

On 10/7/2022 at 7:24 PM, FiveAcres said:

Note: Dear reporters for the Sun, people in the US don't consider 2400 sq ft houses to be mansions.) 

The Sun always exaggerates this stuff, it would do the same about a £750k 3-bed house in a modest area of London, which unfortunately is a pretty normal price these days - they'd definitely ladle on that it was 'luxury' and 'posh' etc if they wanted you to think that the people buying it were stars/spoilt brats/extravagant.

However, 2400 sq foot would be considered a pretty large house in this country. Mine is about 950 square foot, three bedrooms, one bathroom. Yes it's small but a lot of standard 3-bed terraces are. Space is at a premium on this little island and land costs more - plus a huge proportion of the housing stock is 100-200 years old which makes for smaller homes too.

I can also weigh in on how you get a mortgage on the sort of career the Vuolos have. Fortunately my partner has a regular salaried job but I write books for a living and

a) for a significant deal your advance tends to be split into four installments, usually to be paid on signature of contract, delivery of manuscript, hardback publication, paperback publication. So my advance was spread out over 3 tax years, which made me a far more viable candidate for lending.

b) I don't know if it's the same in the US but my accountant works specifically for authors and applies something called authors' averaging to my tax returns, which backdates lump sum payments to the tax year I started working on the project, eg I started writing one book in 2014 but it wasn't bought by a publisher until 2016, so retrospectively the lump sum I got in 2016-17 was spread back over the previous tax years 2014-15 and 2015-16. That was important because my mortgage lender initially panicked that I'd made a huge wad of cash in one year when the advance dropped, but my income effectively halved the following tax year when I didn't get that huge cash injection, ie it appeared as if my business was failing when in fact this is just a fact of selling books. Once that income was backdated over previous tax years my income looked a lot more stable. Obviously it is a peaks and troughs thing but there are ways that it can be made to appear more consistent.

[ChickenettiLuvr]

On 10/6/2022 at 8:53 PM, sndral said:

nothing to see here, folks

Never mind, please

Edited October 12, 2022 by ChickenettiLuvr
I messed up