Pearl - This Rich Woman Decided To Help Poor Folks And GOT BURNED

00:00:00.000 then i had no choice because i was literally running out of money that like a good enough

00:00:04.040 woman making a bad investment i'm not sure what up guys welcome to my reaction series today we're

00:00:09.780 reacting to why rich people don't help poor black people so let's see what the let's see what the

00:00:16.780 people have to say i want to tell you why a lot of wealthy people do not help the poor this is

00:00:24.300 from personal experience when i bought a two family and a single family home in baltimore

00:00:30.960 because as a self-made person i only have so much money to invest and those were areas that had

00:00:37.540 cheap enough homes that i could invest and so i bought these fully renovated beautiful homes

00:00:43.140 in baltimore and i started getting tenants it took me six months to get tenants because the average

00:00:49.480 credit score in that area was sub 500 uh hear that again the average credit score in that area was not

00:00:57.360 good area was sub 500 now maybe i was using a not so great realtor maybe the realtor i worked with just

00:01:04.240 couldn't attract really great tenants but that's pretty telling if every single application that

00:01:09.940 comes along has a credit score of under 500 so that's just one point side note side quest my real

00:01:15.480 point here is finally we got tenants after a long time long time of waiting and waiting and by the

00:01:21.120 way i'm carrying the costs of the home the whole time so my mortgages aren't being covered nothing's

00:01:27.420 being covered the taxes i have to i'm paying for all of them waiting and waiting and waiting and waiting

00:01:31.980 and waiting for a decent tenant to come across then i had no choice because i was literally running

00:01:37.420 out of money that like a good enough woman making a bad investment i'm not shocked i'm not sure i mean 0.99

00:01:42.520 that's kind of like our default when a woman says i want to start a business um i am signing up for 0.65

00:01:48.600 financial insecurity the rest of my life and i'm not generally smart enough um to make money

00:01:55.160 edit it would do so i took on a couple um tenants to survive that weren't great but like beggars can't 1.00

00:02:02.920 be choosers better to have some money than to have none so i said give it a roll let's see how it goes

00:02:07.960 immediately the first month two out of three tenants did not pay rent so i had to go eviction

00:02:13.680 process i've never done an eviction before i had to go to the courthouse and that's not crazy

00:02:18.840 and and the challenges nowadays the owners of the properties don't have rights so i mean i'm seeing

00:02:26.620 in portland people are overstaying their welcome by months and the owners are going broke and it's

00:02:30.940 like we're rewarding criminals at the courthouse i met a lady and she was one of my most close 0.87

00:02:36.200 confidants and support systems in baltimore i met her at the courthouse and she was like hey honey

00:02:41.240 you're filling out the form wrong let me help you and i'm like can you please help me and she helped

00:02:46.540 me do the evictions and the game is so easy in baltimore that all you got to do is keep pushing

00:02:51.100 the buck down the line every time the sheriff comes which is like a month and a half after the

00:02:54.980 eviction takes place because it takes time to get through the court system all the tenants do they pay

00:02:59.340 the sheriff the sheriff leaves and they get the house for another six weeks so this is a game that

00:03:03.940 they play and i learned this all firsthand meanwhile i'm almost bankrupt i'm literally being bankrupted

00:03:11.400 and then finally when the evictions finally work and the people finally leave lo and behold there's

00:03:17.000 two to four thousand dollars worth of damage one time tenants painted my entire rooms black and i had

00:03:23.600 to get painters to paint it back to white yeah and this is the thing we just live it's been weird

00:03:29.280 seeing society go from a high trust society to low trust society um yeah so this is what i'm talking

00:03:38.660 about like i tried i tried i had one good tenant out of probably like six or seven all of them you

00:03:47.280 couldn't pay me to do that business at some point or the other just like stop paying the rent it was the

00:03:52.760 last thing on the priority list one tenant during covet i literally had to beg him to go and apply for

00:03:58.800 assistance i literally had to remind him i had to chase him i had to yell at him well i would never

00:04:03.460 yell at a tenant but i had to be like nagging him and finally he did and he was one of the nice ones

00:04:09.080 other people just fully ignore you or they're just rude and mean and they threaten you as well

00:04:14.680 all with the you know the voice in their chest i know there's a lot of people that there's doers and

00:04:20.140 there's takers and there are a lot of takers in this world my god there are so many full full loudness

00:04:26.940 with all the entitlement you could possibly imagine so this is why i stopped investing in

00:04:32.860 poor areas i was just like i give up i give up i'm not going to be anyone's savior yeah it's it's

00:04:39.420 the same reason i was telling you guys why um you know i tried to build up all those youtubers just

00:04:44.480 have them crash out i mean that's happened to so many youtubers like adam 22 i mean i mean that

00:04:48.800 happens all the time it's like you you feed them and then they bite the hand i'm not going to come

00:04:54.720 and provide housing i'm not going to be your punching bag anymore i'm done i'm just all set

00:05:00.080 and this is why a lot of rich people don't try to help people that are a have not because they're

00:05:07.240 the one that ends up getting screwed this is real talk i'm sorry if you don't like to hear it but this

00:05:11.220 is really what happens in the real world i have to start a business just to recover yeah and the

00:05:15.340 crazy thing is then they say that you know rich people like you know in my experience rich people

00:05:20.420 are the most helpful because they just want someone that's competent and that tries and that's

00:05:24.700 so rare but you know rich people always get burned because people are always trying to take something

00:05:31.540 from them from the financial losses that these tenants cost me and they ruined my homes and i had

00:05:37.460 to constantly fix them i was their punching bag not the other way around well i'm i'm glad you know

00:05:43.000 women enter a man's world and we see what comes with a man uh with being a man which is that people 0.99

00:05:47.360 are trying to screw you over so anyways guys let me know what you think in the comments make sure

00:05:52.960 you like the video please subscribe to the channel and ring that notification bell and i'll see you next

00:05:57.000 time

Pearl - November 17, 2025

This Rich Woman Decided To Help Poor Folks And GOT BURNED

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