Feb 6, 2017
#63: 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 back from my world
travels and start building a real estate portfolio only a few years
later?
The next question comes from Andrew. He's contemplating purchasing
two houses on the cul-de-sac he lives on and then renting them out.
He only plans on living in his current house for another five
years, at which time he also wants to rent it out. Is he
crazy? Would proximity give him an advantage?
Jennifer asks the next question. She and her husband owe $150,000
on a rental property in Portland, OR that's worth $350,000. Should
they sell the house and buy more properties? What
would I do with the equity in the property?
Find more resources and Ask Paula episodes at http://podcast.affordanything.com/tag/ask-paula