Welcome to another Ask Paula episode! This week, I answer three real estate questions: #1: What criteria do you use when you’re shopping for an investment property? What qualities make you say, “heck yeah I’m buying this!!” — and what qualities make you say, “No way!” #2: I enjoy renting my personal home, but I…
Chris, age 30, makes $200,000 per year and saves 50 percent of his income. What accounts should he use in order to maximize his tax benefits? Dee, age 39, is getting tired of apartment living. She found a great neighborhood in which she’d like to own a home, and she’s saving for a 20 percent…
Imagine that you’re looking for a rental property. It’s a warm Saturday afternoon, and you decide to cruise through a few open houses in the area. Your autonomously-driving electric vehicle pulls into the driveway. Your wifi-enabled contact lenses automatically register the property’s details: square footage, year of construction, sales history, tax assessment, price-to-rent ratio, average…
This week, my buddy Joe Saul-Sehy joins me to answer another round of listener-submitted questions. Our first question comes from Hillary: She’s a recent college graduate in an entry level job. She’s saved up an emergency fund, but keeps depleting it as things pop up. She’s also going to law school in a year and a…
This week, my friend and former financial planner Joe Saul-Sehy joins me for another round of Q&A in our (newly!) biweekly segment called Ask Paula! Kicking off today’s episode, Nicky asks: I’m young and healthy. My car is old and not-worth-much. And my personal property isn’t exactly fancy-pants. Do I *really* need health, auto and…
Spaghetti is a major part of my life. I eat it, of course, as many people do. I also spill it all over my pants, despite the fact that I’m 33 and should’ve learned the rules of gravity by now. But most importantly, I use spaghetti as a metaphor for my business. If I’m not…
This week, I’ve devoted a special episode of Ask Paula to answering questions about real estate investing. Our first question comes from Ade, who has $25,000 to invest in real estate and lives in the Bay Area. Understandably, he’s thinking of investing out-of-state, and wants to know if Atlanta is still a good city to…
My buddy Joe Saul-Sehy, host of the Stacking Benjamins podcast, joins me this week for another episode of “Ask Paula (and Joe!)” — in which we workshop through questions that came from you, the Afford Anything community. This week, Joe and I answer questions such as:
It’s the first Monday of the month, which means it’s time to answer questions from the Afford Anything community. Our first question comes from a caller in a tough spot: Her mother-in-law is 66 years old. She’s divorced, holds no retirement savings, and will only receive a tiny Social Security check. Her health is worsening,…
It’s the first Monday of the month, and you know what that means – another Ask Paula episode. Our first question comes from Richard, who wants to know if he should focus on creating a travel fund or building passive income through real estate. What did I do, and how did I manage to come…