This week, I answer 4 questions about quitting a depressing job, learning how to ask probing questions, saving for a downpayment, and more. Edward asks: How can I learn from other people around me? I’m 28, and my wife and I have some money that we’d like to invest. We know people who’ve had both…
This week, I’m back to answering questions posed by listeners of the podcast. Wally asks: Should we continue to rent out our home, or should we sell it? We bought a home in California but have since moved to New York and have been renting there. After all expenses on the rental are accounted for,…
How much money should you invest in a side hustle or side business? How do you know if your side hustle idea is viable? What if you want to start 5 or 6 side businesses? Should you lump these together under a common business umbrella? Or should you separate them out? These are the questions…
Today I tackle 4 real estate questions that come from the listeners. Chris, age 25, says: Over the next 30 years, I’d like to acquire 15 rental properties. Then, at age 55, my wife and I can retire and travel. To begin, I’d like to buy a duplex, live in one unit and rent the…
Early retirement? Yes please. This week, I answer questions from the audience around early retirement planning, health savings and debt pay-off. Question #1: How can I avoid early-withdrawal penalties? Our first caller is Christianna, who asks two questions: I’m interested in early retirement. How can I avoid early withdrawal penalties? How does early retirement impact the…
If you’re interested in real estate investing, and if you’ve wondered how to assemble an all-star team, today’s episode is for you. I’m hosting another edition of Ask Paula, in which I tackle three audience-submitted questions about building a team as a real estate investor. Salome from Cincinnati asks: Who are the people I’ll need…
Curious about real estate investing? I’m rocking the microphone solo on today’s episode, tackling the rental property questions that you — the listeners — have asked. Rachel from the Ozarks asks: I’m inspired to start investing in real estate. I live in the Ozarks region, and the cap rates around here are fantastic. However, the…
This week, former financial planner Joe Saul-Sehy and I answer 4 questions from the Afford Anything community. We chat about how to control lifestyle inflation, how to break up with a financial planner, how to invest your first $10,000, and whether or not sector-specific or theme-specific funds are a good idea. #1: Laura is transitioning…
It’s time for another real estate edition of Ask Paula! Our first question comes from Heather: Heather is ready to buy her first rental property. She wants to acquire about one house per year, following a buy-and-hold strategy. What’s the best way to structure this? Should she put her properties into an LLC? Hold them…
This week, I tackle your questions with my good friend, recovering financial planner Joe Saul-Sehy. Here’s what we answer: 1. I’m asking for a friend — no, really, I’m asking for a friend! My friends are married and buried. They’re a married couple, buried in $500,000 of debt. Some is federal student loans, some is…