Want to reach financial independence through real estate? Here’s a conservative approach you can take to own cash flow positive rentals.
Welcome to Greatest Hits Week – five days, five episodes from our vault, spelling out F-I-I-R-E. Today’s letter R stands for Real Estate. This episode originally aired in May 2022, but the insights on long-distance investing remain just as relevant for anyone feeling priced out of their local market. We tackle the five biggest challenges…
Home prices have outpaced wages for more than a decade, and first-time buyers are stretching further every year. Now a new idea is entering the conversation, the 50-year mortgage. It promises lower monthly payments, yet it reshapes everything from equity growth to long-term risk. In this episode we sit down with Karsten Jeske, PhD, CFA…
When your income drops, debt spikes, and a rental property starts bleeding cash, it can feel like your entire financial foundation is cracking beneath you. Veronica, our first caller, is navigating all of it at once, from a near-foreclosure to a luxury car payment that’s strangling her budget. Her question is simple but enormous, how…
I’m just going to come straight out of the gate with a hot take: If you need a 50-year mortgage, you can’t afford the property. Before you grab your pitchforks, let’s explore the new concept of a 50-year mortgage, which just entered the zeitgeist this week. We’ll run the numbers and math this…
![#653: Radical Transparency in Real Estate Predictions [GREATEST HITS]](https://affordanything.com/wp-content/uploads/2023/08/scott-trench-interview.jpg)
What happens when we actually check our predictions? In this episode we play clips from our 2023 conversation with Scott Trench from BiggerPockets and ask the uncomfortable question: were we right? Two years ago we made some big calls about the housing market. Mortgage rates had doubled. Prices hadn’t crashed. Inventory was vanishing. Everyone had…
“Should I buy a home?” Home prices have soared, interest rates remain sticky, and many first-time buyers feel like they’re watching the train pull out of the station. If you’ve saved for years but can’t afford a home nearby, should you stretch to buy (maybe hours away) or invest that cash instead? In this episode,…
I paid rent today. I also collected rent today. Ever since I moved to New York City, I’ve had this uncommon experience on the first of every month. It flies in the face of how society teaches us to adult. The conventional thinking is that a person graduates from college, gets a job, buys…
Mike: After 15 years of intentional living, Mike is 80 percent of the way to financial independence. Now he’s trying to help friends take control of their own financial future. But what happens when one spouse is eager to learn and invest, while the other isn’t interested? Michael: For two years, Michael has tracked his…
Todd is in a real estate bind. He found out six days before closing on a new home that it wasn’t legally sellable. And renters are moving into his current home in two weeks. What should he do?
Anonymous is excited about expanding her real estate portfolio. Should she sell her $2.5 million rental property in the Bay Area to do this, or can she keep it and leverage the equity instead?
Former financial planner Joe Saul-Sehy and I tackle these two questions in today’s episode.
Enjoy!
Hey there! As I write this, the Federal Reserve is meeting. By the time you read this, they may have already announced what many analysts expect will be their second Federal Reserve Rate Cut of 2024: a quarter-point interest rate reduction. At the time I’m sending this, they haven’t made an announcement yet. They’re expected…