…holler crazy-isms like, “if I win big, I’m upgrading to first class coming back!” (Don’t they know it “stays in Vegas”?) On a recent flight, I found myself seated amidst…
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The ONE Critical Thing Holding You Back From Happiness …
…asks me about positive “what if’s.” What if I discover a new opportunity that catapults my career and income? What if I meet the person I end up marrying? What…
Team Afford Anything
…hi!” Joe is a podcast juggernaut in his own right, having hosted the award-winning Stacking Benjamins podcast from his mom’s basement since 2012. In fact, that’s how some of you…
The AirBnb Experiment: How I Impulsively Started a Vacation Rental Business
…life usually begin with that phrase. When I say “greatest,” I don’t necessarily mean “best.” Sometimes I mean “weirdest-smelling” or “insanely-profitable” or “almost-gave-me-malaria.” “I wonder if I could start my…
Real Estate Investment Income Report: Here’s What I Earned in December 2015
…What OTHER expenses did we incur? Mortgage: $3,524.03 This is PITI (principal, interest, taxes and insurance) for several houses. Mortgage, Part II: $583.33 This is specifically the payment for House…
Real Estate Investment FAQ HQ
When I started investing in rental properties, I didn’t have a clue about what I was doing. I held many common misconceptions. I missed many opportunities. I learned tough lessons…
#114: Ask Paula – How Should I Invest $100K in Real Estate?
…keep in cash reserves? What factors should I consider? Kim asks: I own one rental property. I recently moved into a single-family home in Scottsdale, Arizona, with the intention to…
Renting is Throwing Money Away … Right?
…geeky joke, “Mortgage? What a pity.” (I probably shouldn’t attempt a stand-up comedy career … ) The “P” is equity; the “ITI” is an expense. In other words, the “ITI”…
#124: Ask Paula and Joe – Should I Sell My Brand-New Car (and Lose $6,000 in 4 Months)?
This week, former financial planner Joe Saul-Sehy and I answer five questions about investing, retirement, insurance, travel and selling an expensive car. Eliana is 25 and makes $63,000 per year,…
#356: Ask Paula: FIRE vs. FOMO — How Do You Balance Between These?
…annual expenses at any given point. I’d love it if you could discuss what that number is useful for and how it can be dangerous as an oversimplification. Second, Tanja…